Bed, Bath and Beyond 2009 Annual Report Download - page 53

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BED BATH & BEYOND PROXY STATEMENT
51
Report of the Compensation Committee of the Board of Directors
The Compensation Committee of the Company’s Board of Directors has submitted the following report for inclusion in this Proxy
Statement:
The Compensation Committee has reviewed and discussed with management the Compensation Discussion and Analysis con-
tained in this Proxy Statement. Based on the Committee’s review of and the discussions with management with respect to the
Compensation Discussion and Analysis, the Committee recommended to the Board of Directors that the Compensation Discussion
and Analysis be included in this Proxy Statement and incorporated by reference in the Company’s Annual Report on Form 10-K
for fiscal 2009 for filing with the SEC.
The foregoing report is provided by the following directors, who constitute the Compensation Committee:
COMPENSATION COMMITTEE
Dean S. Adler
Klaus Eppler*
Victoria A. Morrison
Fran Stoller*
*฀฀Ms.฀Stoller฀served฀as฀a฀member฀of฀the฀Committee฀only฀through฀the฀end฀of฀scal฀2009;฀
Mr. Eppler was appointed to the Committee on March 2, 2010.
SUMMARY COMPENSATION TABLE FOR FISCAL 2009, FISCAL 2008 AND FISCAL 2007
The following table sets forth information concerning the compensation of the Company’s principal executive officer, principal
financial officer and the three most highly compensated executive officers of the Company other than its principal executive offi-
cer and principal financial officer for fiscal 2009, fiscal 2008 and fiscal 2007 (“named executive officers”).
Change in
Pension Value
and Nonqualified
Stock Option Deferred All Other
Name and Fiscal Salary(1) Awards(2)฀(3)฀ Awards(2) Compensation Compensation(4) Total
Principal Position Year ($) ($) ($) Earnings ($) ($) ($)
Warren Eisenberg (5) (6) 2009 1,100,000 2,000,013 1,000,007 0 73,518 4,173,538
Co-Chairman 2008 1,100,000 2,000,008 1,000,000 0 78,645 4,178,653
2007 1,100,000 2,400,006 1,478,070 0 60,346 5,038,422
Leonard Feinstein (7) (8) 2009 1,100,000 2,000,013 1,000,007 0 138,476 4,238,496
Co-Chairman 2008 1,100,000 2,000,008 1,000,000 0 140,309 4,240,317
2007 1,100,000 2,400,006 1,478,070 0 66,887 5,044,963
Steven H. Temares (9) (10) (11) 2009 1,500,000 3,500,002 3,500,008 175,889 21,129 8,697,028
Chief Executive Officer 2008 1,468,269 2,400,003 4,600,000 99,932 21,104 8,589,308
2007 1,328,846 2,400,006 2,956,140 37,983 23,621 6,746,596
Arthur Stark (12) (13) 2009 1,055,000 1,000,021 590,011 0 17,182 2,662,214
President and 2008 1,032,788 1,000,004 589,997 0 10,387 2,633,176
Chief Merchandising Officer 2007 928,846 1,000,040 396,063 0 9,911 2,334,860
Eugene A. Castagna (14) (15) 2009 840,000 750,008 590,011 0 14,151 2,194,170
Chief Financial Officer 2008 822,319 749,995 589,997 0 13,468 2,175,779
and Treasurer 2007 738,076 750,019 396,063 0 16,874 1,901,032
(1) Except as otherwise described in this Summary Compensation Table, salaries to named executive officers were paid in cash in fiscal
2009, fiscal 2008 and fiscal 2007, and increases in salary, if any, were effective in May of the fiscal year.
(2) The value of stock awards and option awards represents their respective total fair value on the date of grant calculated in accor-
dance with Accounting Standards Codification Topic No. 718, “Compensation – Stock Compensation” (“ASC 718”), without regard
to the estimated forfeiture related to service-based vesting conditions. All assumptions made in the valuations are contained and