Michael Balmuth compensation by year
ROSS STORES Summary Compensation Table · all 3 fiscal years held| Component | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Salary | $5,987,124 | $1,557,054 | $1,609,688 |
| Bonus | $4,000,000 | $0 | $1,500,000 |
| Stock awards | $3,500,092 | $7,600,140 | $7,600,045 |
| Option awards | $0 | $0 | $0 |
| Non-equity incentive | $0 | $4,334,644 | $4,117,017 |
| Pension and deferred compensation | $0 | $0 | $0 |
| All other | $144,932 | $184,039 | $195,614 |
| Total | $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.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| RSU | 150,892 | $28,465,776 | — |
| RSU | 111,056 | $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| Trigger | Cash severance | Accelerated equity | Benefits continuation | Total 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 officer | Role | FY2025 total |
|---|---|---|
| James Conroy | Chief Executive Officer | $17,406,705 |
| Michael Balmuth · this page | Executive Chairman | $15,022,364 |
| Michael Hartshorn | Group President, Chief Operating Officer | $11,238,620 |
| Karen Fleming | President, Chief Merchandising Officer, Ross Dress for Less | $5,882,314 |
| William Sheehan | Executive Vice President, Chief Financial Officer | $3,955,917 |
| Adam Orvos | Former Executive Vice President, Chief Financial Officer | $628,524 |
The full ROSS STORES compensation record
free company briefThis page is one person within ROSS STORES's record. The company brief lists every named executive, each linking to their own page.
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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