Bed, Bath and Beyond 2008 Annual Report Download - page 44

BED BATH & BEYOND PROXY STATEMENT
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Jordan Heller, 48, has been President of Heller Wealth Advisors LLC, a provider of financial advisory services, since March 2008.
Mr. Heller was previously a Partner with The Schonbraun McCann Group LLP from 2005 to 2008. Prior to joining The Schonbraun
McCann Group, Mr. Heller was a Managing Director at American Economic Planning Group. He has been a director of the
Company since 2003.
Victoria A. Morrison, 56, has been the Executive Vice President & General Counsel of Edison Properties, LLC since 2007.
Ms. Morrison was previously a practicing attorney and a partner in the law firm of Riker, Danzig, Scherer, Hyland & Perretti LLP
for more than five years. She has been a director of the Company since 2001.
Fran Stoller, 50, is a practicing attorney and has been a partner in the law firm of Loeb & Loeb LLP for more than five years.
She has been a director of the Company since 2003.
THE BOARD OF DIRECTORS RECOMMENDS THAT THE SHAREHOLDERS VOTE FOR THE ELECTION
OF THESE NOMINEES AS DIRECTORS.
OTHER BOARD OF DIRECTORS INFORMATION
How many times did the Board of Directors meet last year?
The Board of Directors held eight meetings during fiscal 2008.
Director Attendance
Each director of the Company attended at least 75% of the total number of meetings of the Board of Directors and committees
on which he or she served. The Company encourages, but does not require, the directors to attend the Company’s Annual
Meeting of Shareholders. All of the Company’s directors attended the 2008 Annual Meeting of Shareholders, two of whom were
present by telephone conference.
How weredirectors compensated for fiscal 2008?
The following table provides compensation information for each member of our Board of Directors during fiscal 2008, other than
Warren Eisenberg, LeonardFeinstein and Steven H. Temares, each of whom is a named executive officer of the Company and
none of whom received any additional compensation for his service as a director of the Company.
Annual director fees for fiscal 2008 were$50,000. In addition, directors serving on standing committees of the Board of Directors
were paid as follows: an additional $10,000 for Audit Committee members, an additional $7,500 for Compensation Committee
members and an additional $5,000 for Nominating and Corporate Governance Committee members, other than the Lead Director,
who received an additional $15,000 for acting in that capacity. Director fees are paid on a quarterly basis. Directors have the right
to elect to receive all or fifty percent of their fees in stock or cash. In addition to the fees above, each director received an auto-
matic grant of restricted stock under the Company’s 2004 Incentive Compensation Plan with a fair market value on the date of the
Company’s Annual Meeting of Shareholders during such fiscal year (the average of the high and low trading prices on such date)
equal to $50,000, such restricted stock to vest on the first trading day following the expiration of any applicable blackout period
following the last day of the fiscal year of grant provided that the director remains in office until such date. The following table
provides director compensation information for fiscal year 2008.
Director and Committee Fees for Fiscal Year 2008
Fees Earned or Stock Total
Name Paid in Cash ($) Awards ($) ($)
Klaus Eppler 65,000 50,000 (3) 115,000
Dean S. Adler 57,500 (1) 50,000 (3) 107,500
Stanley F.Barshay 60,000 (2) 50,000 (3) 110,000
Patrick R. Gaston 60,000 (2) 50,000 (3) 110,000
Jordan Heller 60,000 (2) 50,000 (3) 110,000
Robert S. Kaplan 50,000 (1) 50,000 (3) 100,000
Victoria A. Morrison 62,500 50,000 (3) 112,500
Fran Stoller 62,500 50,000 (3) 112,500