Companies Sleep Number Corp
Sleep Number (SNBR): executive pay, fiscal 2025
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CEO pay, last three years
- $6,233,574FY2025
CEO total pay was $6,233,574 in fiscal 2025; the brief holds no earlier figure for this CEO.
FY2025: salary $853,846 · bonus $1,250,000 · stock awards $4,104,519 · option awards $0
Executives and directors
Frequently asked questions
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Linda Findley | $853,846 | $1,250,000 | $4,104,519 | $0 | $0 | $0 | $25,209 | $6,233,574 |
| President and CEO | ||||||||
| Francis Lee | 412,740 | 0 | 602,583 | 0 | 0 | 0 | 1,098,834 | 2,114,157 |
| Former EVP and CFO | ||||||||
| Andrea Bloomquist | 275,714 | 0 | 547,797 | 0 | 0 | 0 | 1,085,369 | 1,908,880 |
| Former EVP and Chief Innovation Officer | ||||||||
| Shelly Ibach | 530,769 | 0 | 0 | 0 | 0 | 0 | 1,115,497 | 1,646,266 |
| Former President and CEO | ||||||||
| Kevin Brown | 171,994 | 0 | 369,762 | 0 | 0 | 0 | 937,306 | 1,479,062 |
| Former EVP and Chief Marketing Officer | ||||||||
| Robert Ryder | 0 | 0 | 0 | 0 | 0 | 0 | 1,264,562 | 1,264,562 |
| Former Interim CFO | ||||||||
| Melissa Barra | 614,482 | 0 | 547,797 | 0 | 0 | 0 | 30,032 | 1,192,311 |
| EVP and Chief Sales and Services Officer | ||||||||
| Samuel Hellfeld | 568,975 | 150,000 | 451,933 | 0 | 0 | 0 | 20,407 | 1,191,315 |
| EVP and Chief Legal and Risk Officer | ||||||||
| Christopher Krusmark | 482,477 | 0 | 301,299 | 0 | 0 | 0 | 23,239 | 807,015 |
| EVP and Chief Retail and People Officer | ||||||||
| Amy O’Keefe | 24,038 | 0 | 570,490 | 0 | 0 | 0 | 60 | 594,588 |
| EVP and CFO | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Linda Findley | $6,233,574 | — | — | — |
| Francis Lee | 2,114,157 | 1,571,347 | — | ↑ +542,810 |
| Andrea Bloomquist | 1,908,880 | 1,441,990 | — | ↑ +466,890 |
| Shelly Ibach | 1,646,266 | 6,583,409 | — | ↓ −4,937,143 |
| Kevin Brown | 1,479,062 | — | — | — |
| Robert Ryder | 1,264,562 | — | — | — |
| Melissa Barra | 1,192,311 | 1,436,411 | — | ↓ −244,100 |
| Samuel Hellfeld | 1,191,315 | 1,308,293 | — | ↓ −116,978 |
| Christopher Krusmark | 807,015 | — | — | — |
| Amy O’Keefe | 594,588 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Incentive-plan design — the Compensation Discussion & Analysis
The Board, through the Compensation Committee, supports and oversees team member compensation programs that are closely linked to business performance and long-term strategic orientation. The Committee seeks to align target total direct compensation opportunities with the market median, while providing opportunity for top quartile compensation for Company performance above established goals and below median compensation for performance below goal.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Frederic W. Cook & Co., Inc. (FW Cook) |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
Equity grants and outstanding awards
No plan-based awards are on file for this fiscal year.
Outstanding equity awards at fiscal year-end 2025
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Kevin Brown | PSU | 713 | — | $6,125 |
| Andrea Bloomquist | PSU | 2,541 | — | 21,827 |
| Christopher Krusmark | Option | 2,930 | 28.41 | — |
| Samuel Hellfeld | Option | 4,547 | 28.41 | — |
| Kevin Brown | PSU | 4,946 | — | 42,486 |
| Melissa Barra | Option | 5,455 | 28.41 | — |
| Christopher Krusmark | RSU | 7,410 | — | 63,652 |
| Andrea Bloomquist | PSU | 8,158 | — | 70,077 |
| Christopher Krusmark | PSU | 11,116 | — | 95,486 |
| Melissa Barra | RSU | 13,474 | — | 115,742 |
| Samuel Hellfeld | RSU | 14,484 | — | 124,418 |
| Samuel Hellfeld | PSU | 16,674 | — | 143,230 |
| Christopher Krusmark | RSU | 19,914 | — | 171,061 |
| Christopher Krusmark | PSU | 19,914 | — | 171,061 |
| Melissa Barra | PSU | 20,211 | — | 173,612 |
| Samuel Hellfeld | PSU | 28,870 | — | 247,993 |
| Samuel Hellfeld | RSU | 29,870 | — | 256,583 |
| Melissa Barra | RSU | 36,206 | — | 311,010 |
| Melissa Barra | PSU | 36,206 | — | 311,010 |
| Amy O’Keefe | RSU | 69,742 | — | 599,084 |
| Shelly Ibach | PSU | 90,946 | — | 781,226 |
| Linda Findley | PSU | 181,028 | — | 1,555,039 |
| Linda Findley | RSU | 181,029 | — | 1,555,039 |
| Linda Findley | RSU | 362,057 | — | 3,110,070 |
Director compensation
No director compensation table is on file for fiscal year 2025.
Board fee structure and ownership guideline
| Annual cash retainer | $95,000 |
|---|---|
| Annual equity retainer | $135,000 |
| Per board meeting fee | $1,000 |
| Committee chair fees (audit / comp / nom-gov) | 20,000 / 20,000 / 20,000 |
| Stock ownership guideline | — |
Peer group, and who names Sleep Number as a peer
Companies that benchmark against SNBR
11 companies name SNBR as a compensation peer
- Arhaus, Inc.ARHSFY2025
- EDGEWELL PERSONAL CARE CoEPCFY2025
- GoPro, Inc.GPROFY2025
- Grocery Outlet Holding Corp.GOFY2025
- HAVERTY FURNITURE COMPANIES INCHVTFY2025
- LA-Z-BOY INCLZBFY2026
- MasterBrand, Inc.MBCFY2025
- MILLERKNOLL, INC.MLKNFY2026
- NEIGHBORHOOD INTELLIGENCE, INC.NXHFY2025
Each company listed discloses SNBR in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named SNBR in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Sleep Number Corp | 2025 | Linda Findley | $853,846 | $4,104,519 | $0 | $0 | $6,233,574 |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Say-on-pay history and pay ratio
No say-on-pay vote is on file for this company.
CEO pay ratio
| Ratio (CEO : median employee) | 107 : 1 |
|---|---|
| CEO total compensation | $6,233,574 |
| Median employee compensation | $57,989 |
Insider trades since the proxy
Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| Amber Minson | EVP, Chief Marketing Officer | 2026-05-15 | D | 2,949 | $2 | $4,718 | Common | Form 4 ↗ |
| Deborah L. Kilpatrick | Director | 2026-05-21 | A | 15,067 | 0 | 0 | Common | Form 4 ↗ |
| Phillip Eyler | Director | 2026-05-21 | A | 15,067 | 0 | 0 | Common | Form 4 ↗ |
| Angel L. Mendez | Director | 2026-05-21 | A | 15,067 | 0 | 0 | Common | Form 4 ↗ |
| Julie Howard | Director | 2026-05-21 | A | 15,067 | 0 | 0 | Common | Form 4 ↗ |
| Stephen E. Macadam | Director | 2026-05-21 | A | 15,067 | 0 | 0 | Common | Form 4 ↗ |
| STADIUM CAPITAL MANAGEMENT LLC | Greater-than-10% holder | 2026-05-28 | D | 330,732 | 2 | 588,405 | Common, indirect | Form 4 ↗ |
| STADIUM CAPITAL MANAGEMENT LLC | Greater-than-10% holder | 2026-05-28 | D | 59,944 | 2 | 106,646 | Common, indirect | Form 4 ↗ |
| Tanya C. Skogerboe | SVP, Chief Supply Chain | 2026-06-12 | D | 21,566 | 0 | 8,195 | Common | Form 4 ↗ |
| Melissa Barra | EVP, Chief Product Officer | 2026-06-12 | D | 81,512 | 0 | 30,331 | Common | Form 4 ↗ |
| Amber Minson | EVP, Chief Marketing Officer | 2026-06-12 | D | 4,293 | 0 | 1,739 | Common | Form 4 ↗ |
| Christopher Krusmark | EVP, Retail & People Officer | 2026-06-12 | D | 30,720 | 0 | 11,363 | Common | Form 4 ↗ |
| Stephen E. Macadam | Director | 2026-06-12 | D | 97,272 | 0 | 42,362 | Common | Form 4 ↗ |
| Samuel Hellfeld | EVP Chief Legal & Risk Officer | 2026-06-12 | D | 40,000 | 0 | 15,600 | Common | Form 4 ↗ |
| Kelly F. Baker | Principal Accounting Officer | 2026-06-12 | D | 614 | 0 | 243 | Common | Form 4 ↗ |
| Christopher Krusmark | EVP, Retail & People Officer | 2026-06-12 | D | 3,130.16 | 1 | 2,066 | Common | Form 4 ↗ |
| Samuel Hellfeld | EVP Chief Legal & Risk Officer | 2026-06-18 | D | 7,964.04 | 0 | 2,469 | Common | Form 4 ↗ |
| Angel L. Mendez | Director | 2026-06-18 | D | 3,020 | 0 | 666 | Common | Form 4 ↗ |
| Julie Howard | Director | 2026-06-22 | D | 10,585 | 0 | 1,425 | Common | Form 4 ↗ |
Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.
Sources (32 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Linda Findley. DEF 14A, filed 2026-04-08. Section “Executive Compensation”. As printed: 6,233,574. View filing ↗
- Section 01, Francis Lee. DEF 14A, filed 2026-04-08. Section “Executive Compensation”. As printed: 2,114,157. View filing ↗
- Section 01, Andrea Bloomquist. DEF 14A, filed 2026-04-08. Section “Executive Compensation”. As printed: 1,908,880. View filing ↗
- Section 01, Shelly Ibach. DEF 14A, filed 2026-04-08. Section “Executive Compensation”. As printed: 1,646,266. View filing ↗
- Section 01, Kevin Brown. DEF 14A, filed 2026-04-08. Section “Executive Compensation”. As printed: 1,479,062. View filing ↗
- Section 01, Robert Ryder. DEF 14A, filed 2026-04-08. Section “Executive Compensation”. As printed: 1,264,562. View filing ↗
- Section 01, Melissa Barra. DEF 14A, filed 2026-04-08. Section “Executive Compensation”. As printed: 1,192,311. View filing ↗
- Section 01, Samuel Hellfeld. DEF 14A, filed 2026-04-08. Section “Executive Compensation”. As printed: 1,191,315. View filing ↗
- Section 01, Christopher Krusmark. DEF 14A, filed 2026-04-08. Section “Executive Compensation”. As printed: 807,015. View filing ↗
- Section 01, Amy O’Keefe. DEF 14A, filed 2026-04-08. Section “Executive Compensation”. As printed: 594,588. View filing ↗
- Section 07, pay ratio. DEF 14A, filed 2026-04-08. Section “CEO Pay Ratio”. As printed: 107 : 1. View filing ↗
- Section 02, Amber Minson 2026-05-15. Form 4, filed 2026-05-18. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Deborah L. Kilpatrick 2026-05-21. Form 4, filed 2026-05-21. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Phillip Eyler 2026-05-21. Form 4, filed 2026-05-21. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Angel L. Mendez 2026-05-21. Form 4, filed 2026-05-21. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Julie Howard 2026-05-21. Form 4, filed 2026-05-21. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Stephen E. Macadam 2026-05-21. Form 4, filed 2026-05-21. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, STADIUM CAPITAL MANAGEMENT LLC 2026-05-28. Form 4, filed 2026-06-01. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, STADIUM CAPITAL MANAGEMENT LLC 2026-05-28. Form 4, filed 2026-06-01. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Tanya C. Skogerboe 2026-06-12. Form 4, filed 2026-06-15. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Melissa Barra 2026-06-12. Form 4, filed 2026-06-15. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Amber Minson 2026-06-12. Form 4, filed 2026-06-15. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Christopher Krusmark 2026-06-12. Form 4, filed 2026-06-15. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Stephen E. Macadam 2026-06-12. Form 4, filed 2026-06-15. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Samuel Hellfeld 2026-06-12. Form 4, filed 2026-06-15. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Kelly F. Baker 2026-06-12. Form 4, filed 2026-06-15. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Christopher Krusmark 2026-06-12. Form 4, filed 2026-06-16. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Samuel Hellfeld 2026-06-18. Form 4, filed 2026-06-22. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Angel L. Mendez 2026-06-18. Form 4, filed 2026-06-22. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Julie Howard 2026-06-22. Form 4, filed 2026-06-23. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Sleep Number Corp (subject), Section 10b CEO total. DEF 14A, filed 2026-04-08. CEO total compensation as printed in Sleep Number Corp's own proxy. As printed: 6,233,574. View filing ↗