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Companies Citi Trends Inc

Citi Trends (CTRN): executive pay, fiscal 2025

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CEO total pay$1,912,312CEO Kenneth Seipel · source
Say-on-pay support99.12%Latest vote · source
CEO vs. named peers25th pct.Of 9 peer CEOs
CEO pay ratio78:1To the median employee · source

CEO pay, last three years

  • $6,056,047FY2024
  • $1,912,312FY2025

CEO total pay was $1,912,312 in fiscal 2025, down from $6,056,047 in fiscal 2024.

FY2025: salary $788,736 · bonus $0 · stock awards $0 · option awards $0

Executives and directors

Frequently asked questions

Who was the highest-paid executive at Citi Trends Inc in fiscal 2025?
As disclosed, Kenneth Seipel (Chairman and Chief Executive Officer) was the highest-paid executive at Citi Trends Inc in fiscal 2025, with total compensation of $1,912,312.
How does Citi Trends Inc's chief executive pay compare to its disclosed peer group?
As disclosed, Kenneth Seipel's total compensation ranked at the 25th percentile of Citi Trends Inc's disclosed peer group.
What is Citi Trends Inc's CEO-to-median employee pay ratio?
As disclosed, Citi Trends Inc's CEO-to-median employee pay ratio was 78:1.
How did shareholders vote on Citi Trends Inc's executive compensation?
As disclosed, 99.12% of shareholders supported Citi Trends Inc's executive compensation in the latest say-on-pay vote.
How much does Citi Trends Inc spend in total on board compensation for fiscal 2025?
As disclosed, Citi Trends Inc reported total board compensation of $584,140 for fiscal 2025.

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 officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Kenneth Seipel$788,736$0$0$0$1,120,000$0$3,576$1,912,312
Chairman and Chief Executive Officer
Lisa Powell492,595—631,064—350,000—13,4231,487,082
Executive Vice President and Chief Merchandising Officer
Heather Plutino488,3370631,0640350,000011,7421,481,143
Executive Vice President and Chief Financial Officer
Katrina George313,875—361,103—175,000—3,303853,281
Vice President, Human Resources
Kyle Koenig295,5790361,1030175,00005,927837,609
Vice President, Stores & Real Estate

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 officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Kenneth Seipel$1,912,312$6,056,047—↓ −4,143,735
Lisa Powell1,487,082783,905817,492↑ +703,177
Heather Plutino1,481,143761,138792,965↑ +720,005
Katrina George853,281423,660—↑ +429,621
Kyle Koenig837,609354,208—↑ +483,401

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

Our compensation program is designed to align the interests of management and stockholders and to link Company performance with executive pay, such that the Company’s achievement of challenging financial goals results in payment of annual incentives to our executive officers.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultant—
Clawback policytrue
Anti-hedging—
Anti-pledging—
Equity grants and outstanding awards

No plan-based awards are on file for this fiscal year.

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Kenneth SeipelRSU3,639—$94,250
Kenneth SeipelRSU3,639—94,250
Kenneth SeipelRSU3,639—94,250
Kenneth SeipelRSU3,639—94,250
Kenneth SeipelRSU3,639—94,250
Kyle KoenigRSU4,752—240,736
Heather PlutinoRSU19,905—1,008,387
Kenneth SeipelRSU80,000—2,072,000
Kenneth SeipelPSU321,502—8,326,902
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Margaret L. JenkinsIndependent · Nominating/Governance · Audit · Finance$77,050$65,248$0—$0$142,298
Cara RobinsonIndependent · Compensation · Nominating/Governance · Audit73,75065,2480—0138,998
Chaoyang (Charles) LiuIndependent · Audit · Finance · Compensation35,70065,2480—0100,948
Michael S. KvitkoIndependent · Finance · Nominating/Governance · Compensation35,70065,2480—0100,948
David A. HeathIndependent · Compensation · Nominating/Governance35,70065,2480—0100,948
Pamela EdwardsIndependent · Audit000—00
Wesley CalvertIndependent · Finance000—00
Kenneth D. SeipelEmployee director · Board Chair · Finance · Corporate Social Responsibility (Chair)—————0

Board fee structure and ownership guideline

Annual cash retainer$84,000
Annual equity retainer$76,750
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)12,000 / 8,000 / 8,000
Stock ownership guideline$252,000

Total cost of the board

ComponentFY2025
Cash retainers and fees$257,900
Equity awards (grant-date value)$326,240
All other compensation$0
Total cost of the board$584,140

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

Peer group, and who names Citi Trends as a peer

Companies that benchmark against CTRN

4 companies name CTRN as a compensation peer

Each company listed discloses CTRN 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 CTRN in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

BON Boot Barn Holdings, Inc.CATO The Cato CorporationBKE The Buckle Inc.SCVL Shoe Carnival, Inc.ZUMZ Zumiez, Inc.TLYS Tilly's, Inc.HIBB Hibbett, Inc.DEST Destination XL Group, Inc.FIVE Five Below, Inc.

Peer reciprocity

The companies Citi Trends Inc names as compensation peers that name it back in their own disclosed peer groups.

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.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1The Buckle Inc.2025Dennis Nelson$1,300,000$5,713,200$0$0$11,706,282
2Five Below, Inc.2025Winnie Park1,100,0006,792,21502,750,00010,814,084
3Tilly's, Inc.2025Nathan Smith461,53802,251,62903,253,328
4Citi Trends Inc2025Kenneth Seipel788,736001,120,0001,912,312
5Zumiez, Inc.2025Richard Brooks735,000001,008,0891,749,159
6The Cato Corporation2025John Cato1,484,8320001,486,624
—Boot Barn Holdings, Inc.——————not in coverage universe
—Shoe Carnival, Inc.——————not in coverage universe
—Hibbett, Inc.——————not in coverage universe
—Destination XL Group, Inc.——————not in coverage universe

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.

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Citi Trends Incnot disclosednot disclosednot disclosedMercer
Boot Barn Holdings, Inc.not disclosednot disclosednot disclosednot disclosed
Destination XL Group, Inc.not disclosednot disclosednot disclosednot disclosed
Five Below, Inc.not disclosedPSU 60 · RSU 40NoMeridian
Hibbett, Inc.not disclosednot disclosednot disclosednot disclosed
Shoe Carnival, Inc.not disclosednot disclosednot disclosednot disclosed
The Buckle Inc.not disclosednot disclosednot disclosednot disclosed
The Cato Corporationnot disclosednot disclosednot disclosedAon Hewitt
Tilly's, Inc.not disclosednot disclosednot disclosedMercer
Zumiez, Inc.not disclosednot disclosednot disclosedMeridian Compensation Partners

Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.

Say-on-pay history and pay ratio
Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-106,652,35259,0725,69599.12%Passed
20252025-06-095,346,663562,82984290.48%Passed
20242024-06-216,526,017183,62451297.26%Passed
20232023-06-096,177,258241,8891,16496.23%Passed
20222022-06-016,348,879116,1647,67598.2%Passed
20212021-06-047,321,59480,32111,24498.91%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.

Say-on-pay — history, company’s computation

Meeting yearMeeting dateApproval — company’s computation
20262026-06-1099.12%a
20252025-06-0990.48%b
20242024-06-2197.26%c

a. Approved under the standard stated in the filing — “Abstentions and broker non-votes will have no effect on the outcome of Proposal 1 (election of directors), Proposal 2 ("say-on-pay") or Proposal 3 (ratification of the appointment of Deloitte & Touche LLP).”.

b. Approved under the standard stated in the filing — “Abstentions and broker non-votes will have no effect on the outcome of Proposal 1 (election of directors), Proposal 2 ("say-on-pay"), Proposal 3 (approval of an amendment to the 2021 Incentive Plan) or Proposal 4 (ratification of the appointment of Deloitte & Touche LLP).”.

c. Approved under the standard stated in the filing — “Abstentions and broker non-votes will have no effect on the outcome of Proposal 1 (election of directors), Proposal 2 ("say-on-pay"), Proposal 3 (approval of an amendment to the 2021 Incentive Plan) or Proposal 4 (ratification of the appointment of Deloitte & Touche LLP).”.

Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

CEO pay ratio

Ratio (CEO : median employee)78 : 1
CEO total compensation$1,912,312
Median employee compensation$24,523
Insider trades since the proxy

No insider equity transactions reported since the proxy statement.

Sources (27 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, Kenneth Seipel. DEF 14A, filed 2026-05-01. Section “Executive Compensation”. As printed: 1,912,312. View filing ↗
  • Section 01, Lisa Powell. DEF 14A, filed 2026-05-01. Section “Executive Compensation”. As printed: 1,487,082. View filing ↗
  • Section 01, Heather Plutino. DEF 14A, filed 2026-05-01. Section “Executive Compensation”. As printed: 1,481,143. View filing ↗
  • Section 01, Katrina George. DEF 14A, filed 2026-05-01. Section “Executive Compensation”. As printed: 853,281. View filing ↗
  • Section 01, Kyle Koenig. DEF 14A, filed 2026-05-01. Section “Executive Compensation”. As printed: 837,609. View filing ↗
  • Section 07, pay ratio. DEF 14A, filed 2026-05-01. Section “CEO Pay Ratio”. As printed: 78 : 1. View filing ↗
  • Section 08, Margaret L. Jenkins. DEF 14A, filed 2025-04-25. Section “Director Compensation”. As printed: 142,298. View filing ↗
  • Section 08, Cara Robinson. DEF 14A, filed 2025-04-25. Section “Director Compensation”. As printed: 138,998. View filing ↗
  • Section 08, Chaoyang (Charles) Liu. DEF 14A, filed 2025-04-25. Section “Director Compensation”. As printed: 100,948. View filing ↗
  • Section 08, Michael S. Kvitko. DEF 14A, filed 2025-04-25. Section “Director Compensation”. As printed: 100,948. View filing ↗
  • Section 08, David A. Heath. DEF 14A, filed 2025-04-25. Section “Director Compensation”. As printed: 100,948. View filing ↗
  • Section 08, Pamela Edwards. DEF 14A, filed 2025-04-25. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 08, Wesley Calvert. DEF 14A, filed 2025-04-25. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 08, Kenneth D. Seipel. DEF 14A, filed 2025-04-25. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 06, 2026 vote. Form 8-K, filed 2026-06-12. Item 5.07 · say-on-pay result. As reported: 99.12% (votes for as printed: 6,652,352). View filing ↗
  • Section 06, 2025 vote. Form 8-K, filed 2025-06-09. Item 5.07 · say-on-pay result. As reported: 90.48% (votes for as printed: 5,346,663). View filing ↗
  • Section 06, 2024 vote. Form 8-K, filed 2024-06-21. Item 5.07 · say-on-pay result. As reported: 97.26% (votes for as printed: 6,526,017). View filing ↗
  • Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
  • Section 09b board cost (computed). Computed. Cash 257,900 + equity 326,240 + all other 0 = 584,140, summed across the director compensation table rows.
  • The Buckle Inc., Section 10b CEO total. DEF 14A, filed 2026-04-22. CEO total compensation as printed in The Buckle Inc.'s own proxy. As printed: 11,706,282. View filing ↗
  • Five Below, Inc., Section 10b CEO total. DEF 14A, filed 2026-05-01. CEO total compensation as printed in Five Below, Inc.'s own proxy. As printed: 10,814,084. View filing ↗
  • Tilly's, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-20. CEO total compensation as printed in Tilly's, Inc.'s own proxy. As printed: 3,253,328. View filing ↗
  • Citi Trends Inc (subject), Section 10b CEO total. DEF 14A, filed 2026-05-01. CEO total compensation as printed in Citi Trends Inc's own proxy. As printed: 1,912,312. View filing ↗
  • Zumiez, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in Zumiez, Inc.'s own proxy. As printed: 1,749,159. View filing ↗
  • The Cato Corporation, Section 10b CEO total. DEF 14A, filed 2026-04-10. CEO total compensation as printed in The Cato Corporation's own proxy. As printed: 1,486,624. View filing ↗
  • Section 10a, The Cato Corporation reciprocity. DEF 14A. The Cato Corporation names Citi Trends Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Tilly's, Inc. reciprocity. DEF 14A. Tilly's, Inc. names Citi Trends Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗
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