Sue Gove is a well-known American business executive, know her net worth and salary
Find out more about her background, career, and much more.
Bed Bath & Beyond Inc., a well-known big-box store and for years the place to go for home items, has applied for Chapter 11 bankruptcy protection.
The business is planning to close all of its locations and liquidate its inventory over the next two months after failing to get the necessary funding to stay solvent. Despite this, its 120 buybuy BABY locations and 360 Bed Bath & Beyond locations will continue to operate and provide customer service.
Owing to all of these occurrences and in light of the company’s bankruptcy filing, many people are interested in learning more about Bed Bath & Beyond CEO Sue Gove. So, let’s find out everything about her.
Who is Sue Gove Bed Bath and Beyond CEO: Net worth, salary, age, husband, education, Twitter
Sue Gove is a renowned business executive. She has been in the news because she is the president and CEO of Bed Bath & Beyond Inc., which filed for bankruptcy recently.
She was born in the United States in 1958 and graduated with a BBA in accounting from the Texas McCombs School of Business. She is a native of Union, New Jersey, in the United States.
She is currently 64 years old. She is married to her husband, David Gove, for over three decades.
8 Days to Bankruptcy: Cohen reaches an agreement with Bed Bath to install Sue Gove as Chair of the Strategy Committee. She replaced disgraced CEO Mark Tritton on June 29th, awarded 355,192 RSUs for her role, and bought another 50,000 shares on the open market July 1st. #BBBY pic.twitter.com/qH48NZbyNn
— David Simpson 🏴☠️ (@pirateportfo) April 18, 2023
Her career
Sue Gove has worked in the retail sector for more than 30 years in a range of senior operating, financial, and strategic capacities. Since December 1980, Sue Gove has been the COO, CFO, and board member of Zale Corporation.
Later, she becomes an independent consultant. Subsequently, she joined Golfsmith International as president and CEO. Over the years, she became a board member of AutoZone, Logitech International, Iconix Brand Group, Tailored Brands, Inc., Fresh Market, Conn’s HomePlus, and IAA.
She also becomes a senior advisor at Alvarez and Marsal and president of Excelsior Advisors, LLC. In June 2022, Sue Gove joined Bed Bath & Beyond as interim CEO. Subsequently, she became a board member there and eventually became president and CEO in October 2022.
The net worth of Sue Gove
She has an estimated net worth of about $4 million. However, many other sources reported that she might have a net worth of about $14.31 million.
Gove is the Director of AutoZone Inc and owns about 1,649 shares of AutoZone Inc (AZO) stock worth over $4 Million.
Ms. Gove’s annual base salary is equal $1,400,000, and, in fiscal year 2022, Ms. Gove was eligible to receive a cash performance bonus pursuant to the Company’s 2022 “2nd Half” Short-Term Incentive Program with a target 2022 Second Half Bonus of 105% of her base salary. For each completed fiscal year thereafter, Ms. Gove will be eligible for a target annual bonus of 150% of her base salary, to be earned based upon the achievement of performance objectives to be determined by the Committee.
Long-Term Equity Incentives and as soon as reasonably practicable after the Effective Date, Ms. Gove will be eligible to receive a long-term, performance-based equity incentive award with a target value at grant of $2,700,000
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