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Former BL Stores Executive Compensation (FY23)

BIG · Executive and director compensation, fiscal 2022 to 2023
Chief executive, fiscal 2023
◇
Bruce Thorn
Latest say-on-pay support
=
May 29, 2024
Chief executive pay ratio
◇
To the median employee
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10 filings cited on this page
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242 figures on this page: 233 cited to the filing that reported them, 9 calculated from figures it prints. See the citations
What changed from fiscal 2022 to fiscal 2023
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Bruce Thorn: $8,523,181 → $7,755,707 (9.0% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Former BL Stores' chief executive and what were they paid?
Bruce Thorn was paid $7,755,707 in total compensation as President and Chief Executive Officer for fiscal 2023. Compared with the $8,523,181 reported for fiscal 2022, Thorn's total was 9.0% lower.
What was Former BL Stores' say-on-pay result?
For fiscal 2024, the say-on-pay proposal drew 74.3% support at the meeting held May 29, 2024.
Which companies are in Former BL Stores' peer group?
Companies named in the disclosed peer group include Abercrombie & Fitch, Academy Sports & Outdoors, American Eagle Outfitters, Bath and Body Works, Inc. and Designer Brands.
What is Former BL Stores' chief executive pay ratio?
The company reported a chief executive pay ratio of 788:1 for fiscal 2023, against median employee compensation of $9,846.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Bruce Thorn
President and Chief Executive Officer
◇—◇———◇◇
Jonathan Ramsden
Executive Vice President, Chief Financial and Administrative Officer
◇—◇———◇— not reconciled
Michael Schlonsky
Executive Vice President, Chief Human Resources Officer
◇—◇———◇◇
Ronald Robins Jr.
Executive Vice President, Chief Legal and Governance Officer, General Counsel and Corporate Secretary
◇—◇———◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Bruce Thorn
President and Chief Executive Officer
◇—◇—◇—◇◇
Jonathan Ramsden
Executive Vice President, Chief Financial and Administrative Officer
◇—◇—◇—◇◇
Margarita Giannantonio
Former Executive Vice President, Chief Merchandising Officer
Departed during or after this year
◇—◇—◇—◇◇
Michael Schlonsky
Executive Vice President, Chief Human Resources Officer
◇—◇—◇—◇◇
Ronald Robins Jr.
Executive Vice President, Chief Legal and Governance Officer, General Counsel and Corporate Secretary
◇—◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2023
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Bruce ThornPSU◇—◇———◇
Bruce ThornPSU◇◇◇—◇—◇
Bruce ThornRSU◇——◇——◇
Jonathan RamsdenPSU◇—◇———◇
Jonathan RamsdenRSU◇——◇——◇
Jonathan RamsdenPSU◇◇◇—◇—◇
Margarita GiannantonioPSU◇—◇———◇
Margarita GiannantonioRSU◇——◇——◇
Margarita GiannantonioPSU◇◇◇—◇—◇
Michael SchlonskyPSU◇—◇———◇
Michael SchlonskyRSU◇——◇——◇
Michael SchlonskyPSU◇◇◇—◇—◇
Ronald Robins Jr.PSU◇—◇———◇
Ronald Robins Jr.RSU◇——◇——◇
Ronald Robins Jr.PSU◇◇◇—◇—◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2023 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
ThornPSU◇◇——
RSU◇◇——
RamsdenPSU◇◇——
RSU◇◇——
SchlonskyPSU◇◇——
RSU◇◇——
RobinsPSU◇◇——
RSU◇◇——
GiannantonioPSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Bruce Thorn
President and Chief Executive Officer · Offer letter
Change-in-control multiple◇
Jonathan Ramsden
Executive Vice President, Chief Financial and Administrative Officer · Retention agreement
Change-in-control multiple◇
Michael Schlonsky
Executive Vice President, Chief Human Resources Officer · Amended agreement
Change-in-control multiple◇
Ronald Robins Jr.
General Counsel · Severance agreement
Change-in-control multiple◇

Director compensation

What each non-employee director was paid.
Fiscal 2023
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Cynthia T. Jamison
Board chair
◇◇———◇◇
Ms. Jamison
◇◇———◇◇
Ms. Gottschalk
◇◇———◇◇
Marla C. Gottschalk
◇◇———◇◇
Nancy A. Reardon
◇◇———◇◇
Ms. Reardon
◇◇———◇◇
Ms. Schoppert
◇◇———◇◇
Wendy L. Schoppert
◇◇———◇◇
Christopher J. McCormick
◇◇———◇◇
Mr. McCormick
◇◇———◇◇
Sandra Y. Campos
◇◇———◇◇
Ms. Campos
◇◇———◇◇
Kimberley A. Newton
◇◇———◇◇
Ms. Newton
◇◇———◇◇
Mr. Chambers
◇◇———◇◇
James R. Chambers
◇◇———◇◇
Sebastian J. DiGrande
◇◇———◇◇
Mr. DiGrande
◇◇———◇◇
Mr. Kingsbury
◇—————◇
Maureen B. Short and Bruce K. Thorn served on the board in fiscal 2023 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2023
  • Abercrombie & Fitch ANF
  • Academy Sports & Outdoors ASO
  • American Eagle Outfitters AEO
  • Bath and Body Works, Inc. symbol not shown
  • Designer Brands DBI

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2024May 29, 2024=◇◇◇
2023May 23, 2023=◇◇◇
2022May 24, 2022=◇◇◇
2021May 26, 2021=◇◇◇
2020June 10, 2020=◇◇◇
2019May 30, 2019=◇◇◇
2018May 31, 2018=◇◇◇
2017May 25, 2017=◇◇◇
2016May 26, 2016=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

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Sample answer — “What is the CEO’s total compensation?”
- Bruce Thorn (President and Chief Executive Officer), FY2023 total compensation $7,755,707 (base salary $1,223,077) [exec_comp, SEC accession 0001104659-24-049441, filed 2024-04-19]

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What this page does not include

Everything above is a fact Former BL Stores disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
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Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
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Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
242 figures on this page: 233 cited to the filing that reported them, 9 calculated from figures it prints.
233 cited to the filing
9 calculated from the filing

Documents cited

  1. 0000768835-24-000043
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001104659-24-049441
    CEO PAY RATIO · DIRECTOR COMPENSATION · Potential Payments Upon Termination
  3. 0000768835-23-000076
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0000768835-22-000095
    Item 5.07 Submission of Matters to a Vote of Security Holders
  5. 0000768835-21-000086
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0000768835-20-000089
    Item 5.07 Submission of Matters to a Vote of Security Holders
  7. 0000768835-19-000036
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0000768835-18-000062
    Item 5.07 Submission of Matters to a Vote of Security Holders
  9. 0000768835-17-000050
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0000768835-16-000103
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Former BL Stores executive compensation, FY2022–FY2023.” https://intel.velarion.ai/comp/BIG (accessed 2026).
Short form: data: Velarion

The Former BL Stores brief, $500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $500 for the board report; $900 for both.
10 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers Former BL Stores discloses

The companies named in BIG's own disclosed peer group.

Terms on this page

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}