GROV · Grove Collaborative Holdings, Inc. · Executive Compensation
Market Cap
$45.26M
Shares
42.70M
Volume · Oct 6
185.49K
Avg daily vol (3M)
63.38K
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
Fiscal 2025
| Executive | Role | Total |
|---|---|---|
| Jeff Yurcisin | Chief Executive Officer and Director | $1,307,110 |
| Thomas Siragusa | Chief Financial Officer | $530,687 |
| Sergio Cervantes | Former Chief Financial Officer | $320,331 |
Fiscal 2024
| Executive | Role | Total |
|---|---|---|
| Sergio Cervantes | Chief Financial Officer | $1,181,645 |
| Jeff Yurcisin | Chief Executive Officer and Director | $900,200 |
| Stuart Landesberg | Former Chief Executive Officer and President and current Executive Chair and Director | $760,000 |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| Stuart Landesberg | Former Chief Executive Officer and President and current Executive Chair and Director | $3,037,140 |
| Jeff Yurcisin | Chief Executive Officer and Director | $2,403,648 |
| Sergio Cervantes | Chief Financial Officer | $1,462,569 |
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| Sergio Cervantes | Chief Financial Officer | $4,728,821 |
| Stuart Landesberg | Former Chief Executive Officer and President and current Executive Chair and Director | $4,676,055 |
| Jennie Perry | — | $2,422,500 |
| Jeff Yurcisin | Chief Executive Officer and Director | — |
| Chris Clark | Chief Technology Officer Mr. Yurcisin’s 2023 bonus amount is pro-rated based on his start date in 2023. In the case of Mr. Cervantes, his 2022 bonus amount includes a $150,000 signing bonus, which was paid in 2022 pursuant to the terms of his offer letter. Represents the aggregate grant date fair value of awards of RSUs and/or PSUs computed in accordance with FASB Accounting Standards Codification (“ASC”) Topic 718. Such aggregate grant date fair values do not take into account any estimated forfeitures related to service-vesting conditions. The amounts included in the Stock Awards column for Mr. Yurcisin’s 2023 PSUs are calculated based on the probable satisfaction of the performance conditions for such awards as of the date of grant. Under ASC Topic 718, the vesting condition related to Mr. Yurcisin’s PSU is considered a market condition and not a performance condition. Accordingly, there is no grant date fair value below or in excess of the amount reflected in the table above for Mr. Yurcisin’s 2023 PSU that could be calculated and disclosed based on achievement of the underlying market condition. The assumptions used in calculating the grant date fair value of such RSUs and PSUs granted in 2023 and 2022 are set forth in Note 11 to Grove’s audited consolidated financial statements included in Grove’s Annual Report on Form 10-K for the year ended December 31, 2023. In the case of Mr. Landesberg, the 2022 amounts also include $3,117,108 representing the incremental grant date fair value of the RSU awards received in exchange for options surrendered in connection with the option exchange the company conducted in 2022. The amounts in the All Other Compensation column for Mr. Landesberg consist of reimbursement for consulting services received by Mr. Landesberg related to our business. | — |
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| Stuart Landesberg | Chief Executive Officer, President and Director | $18,642,940 |
| Chief Marketing | Officer In the case of Mr. Cervantes, includes a $150,000 signing bonus, which was paid in 2022 pursuant to the terms of his offer letter. Represents the aggregate grant date fair value of awards of RSUs computed in accordance with FASB Accounting Standards Codification (“ASC”) Topic 718. Such aggregate grant date fair values do not take into account any estimated forfeitures related to service-vesting conditions. The assumptions used in calculating the grant date fair value of such restricted stock units granted in 2022 are set forth in Note 11 to Grove’s audited consolidated financial statements included in Grove’s Annual Report on Form 10-K for the year ended December 31, 2022. In the case of Mr. Landesberg and Ms. Perry, these amounts also include $3,117,108 and $143,912, respectively, representing the incremental grant date fair value of the RSU awards received in exchange for options surrendered in connection with the Option Exchange. | $3,301,980 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Flip van den Bosch | principal accounting officer | Appointed | 2026-10-02 |
| Flip van den Bosch | principal financial officer | Appointed | 2026-10-02 |
| Jason Karp | member of Class III of the Board | Appointed | 2026-08-31 |
| Naytri Shroff Sramek | member of the Board of Directors | Resigned | 2026-08-31 |
| Kristine Miller | Class I director | Appointed | 2026-06-24 |
| Stuart Landesberg | Class I director | Appointed | 2026-06-24 |
| Larry Cheng | Class I director | Appointed | 2026-06-24 |
| Tom Siragusa | Chief Financial Officer and Principal Financial Officer | Resigned | 2026-06-24 |
| Tom Siragusa | Chief Financial Officer | Appointed | 2025-10-27 |
| Kathryn Anderson | serve on the Board as a member of Class III of the board | Appointed | 2025-08-25 |
| Kathryn Anderson | chairperson of the Audit Committee of the Board | Appointed | 2025-08-25 |
| David Glazer | member of the Board of Directors | Resigned | 2025-08-25 |
| Sergio Cervantes | Chief Financial Officer | Terminated | 2025-02-18 |
| Tom Siragusa | interim chief financial officer, interim principal financial officer and interim principal accounting officer | Appointed | 2025-02-18 |
| Tom Siragusa | interim principal accounting officer | Appointed | 2025-01-13 |
| Tom Siragusa | interim principal financial officer | Appointed | 2025-01-13 |
| Tom Siragusa | interim Chief Financial Officer | Appointed | 2025-01-13 |
| Chris Clark | Chief Technology Officer | Terminated | 2024-12-26 |
| Stuart Landesberg | Chairperson of the Board | Appointed | 2024-12-26 |
| John Replogle | Lead Independent Director | Appointed | 2023-08-14 |
| Stu Landesberg | Executive Chairman of the Board | Appointed | 2023-08-14 |
| Jeff Yurcisin | Board of Directors | Appointed | 2023-08-14 |
| Jeff Yurcisin | Board of Directors | Appointed | 2023-08-14 |
| Jeff Yurcisin | Chief Executive Officer | Appointed | 2023-08-14 |
| Jim Ferry | initial observer to the Company’s Board of Directors | Appointed | 2023-08-14 |