Executive Chairman · ROSS STORES, INC. (ROST)

Michael Balmuth

A named executive officer of ROSS STORES in every fiscal year CompBrief holds from FY2016 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2025

$15,022,364

FY2024: $13,675,877

2nd of 6 named executive officers at Ross Stores by FY2025 total.

6 named officers on file for ROSS STORES, FY2025

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What this number hides

The filing gives the total. ROSS STORES’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

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Compensation figures as of the proxy filed April 7, 2026 (DEF 14A).

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Michael Balmuth compensation by year

ROSS STORES Summary Compensation Table · all 9 fiscal years held
In US dollars, as ROSS STORES reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2016FY2017FY2018FY2019FY2020FY2021FY2023FY2024FY2025
Salary$1,317,907$1,321,791$1,328,944$1,343,944$1,185,353$1,372,196$5,987,124$1,557,054$1,609,688
Bonus$700,000$0$0$0$0$2,140,000$4,000,000$0$1,500,000
Stock awards$3,500,039$4,000,065$5,525,056$5,525,016$9,994,945$4,100,097$3,500,092$7,600,140$7,600,045
Option awards$0$0$0$0$0$0$0$0$0
Non-equity incentive$2,515,852$2,717,422$2,436,796$2,030,894$1,680,551$3,417,236$0$4,334,644$4,117,017
Pension and deferred compensation$0$0$0$0$0$0$0$0$0
All other$86,969$89,241$95,473$88,145$681,155$111,176$144,932$184,039$195,614
Total$8,120,767$8,128,519$9,386,269$8,987,999$13,542,004$11,140,705$13,632,148$13,675,877$15,022,364

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: ROSS STORES, INC. DEF 14A filed April 7, 2026, accession 0000745732-26-000013, and prior-year filings. Open the filing on EDGAR.

How this page was built: the ROSS STORES, INC. filed document, accession 0000745732-26-000013. Every figure is read from that document and cited to the page and table it appears in. Filed April 7, 2026.

$8.1M
$8.1M
$9.4M
$9.0M
$13.5M
$11.1M
$13.6M
$13.7M
$15.0M
FY16
FY17
FY18
FY19
FY20
FY21
FY23
FY24
FY25
SalaryBonusNon-equity incentiveStock awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
RSU111,056$20,950,714—

Per the Outstanding Equity Awards at Fiscal Year-End table in ROSS STORES, INC.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.

Change-in-control & termination

estimated payments ROSS STORES discloses, by trigger · FY2024
TriggerCash severanceAccelerated equityBenefits continuationTotal as disclosed
Involuntary termination without cause$14,030,701$5,559,137$2,017,919$21,770,194
Non renewal$0$5,559,137$2,017,919$7,739,493
Change in control, no termination$0$0$0$0
Change in control and involuntary termination$15,546,638$6,112,570$2,017,919$23,839,564

Per the Potential Payments Upon Termination or Change in Control table in ROSS STORES, INC.'s FY2024 proxy. Estimates as the company printed them; a dash means it printed no figure.

ROSS STORES’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
James ConroyChief Executive Officer$17,406,705
Michael Balmuth · this pageExecutive Chairman$15,022,364
Michael HartshornGroup President, Chief Operating Officer$11,238,620
Karen FlemingPresident, Chief Merchandising Officer, Ross Dress for Less$5,882,314
William SheehanExecutive Vice President, Chief Financial Officer$3,955,917
Adam OrvosFormer Executive Vice President, Chief Financial Officer$628,524

Board service

ROSS STORES board · FY2021–FY2025

How this board is paid

Company policy: ROSS STORES pays directors a $85,000 cash retainer and $160,000 in Restricted Stock. As stated in ROSS STORES's FY2021 proxy.

Michael Balmuth's compensation dossier, ROSS STORES

You have read Michael Balmuth's totals and holdings. The dossier adds each equity grant ROSS STORES disclosed for Michael Balmuth and ROSS STORES's own disclosed peer group, where the company discloses them, with every row in a PDF and a CSV cited to its filing.

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The full ROSS STORES compensation record

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This page is one person within ROSS STORES's record. The company brief lists every named executive, each linking to their own page.

Peer companies

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Compensation, the day it’s disclosed

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How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are ROSS STORES's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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Michael Balmuth's compensation dossier