Bed, Bath and Beyond 2010 Annual Report Download - page 51

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BED BATH & BEYOND PROXY STATEMENT
49
COMPENSATION COMMITTEE REPORT
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
contained in this Proxy Statement. Based on the Compensation Committee’s review of and the discussions with management with
respect to the Compensation Discussion and Analysis, the Compensation 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 2010 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
SUMMARY COMPENSATION TABLE FOR FISCAL 2010, FISCAL 2009 AND FISCAL 2008
The following table sets forth information concerning the compensation of the Company’s named executive officers.
Change in
Pension Value
and Nonqualified
Deferred
Stock Option Compensation All Other
Name and Fiscal Salary(1) Awards(2) (3) Awards(2) Earnings Compensation Total
Principal Position Year ($) ($) ($) ($) ($) ($)
Warren Eisenberg (4) (5) 2010 1,100,000 1,500,007 500,008 0 80,072 3,180,087
Co-Chairman 2009 1,100,000 2,000,013 1,000,007 0 73,518 4,173,538
2008 1,100,000 2,000,008 1,000,000 0 78,645 4,178,653
Leonard Feinstein (6) (7) 2010 1,100,000 1,500,007 500,008 0 146,326 3,246,341
Co-Chairman 2009 1,100,000 2,000,013 1,000,007 0 138,476 4,238,496
2008 1,100,000 2,000,008 1,000,000 0 140,309 4,240,317
Steven H. Temares (8) (9) (10) 2010 2,288,462 4,500,022 4,500,007 4,179,870 15,052 15,483,413
Chief Executive Officer 2009 1,500,000 3,500,002 3,500,008 175,889 21,129 8,697,028
2008 1,468,269 2,400,003 4,600,000 99,932 21,104 8,589,308
Arthur Stark (11) (12) 2010 1,212,692 1,250,006 547,322 0 196,713 3,206,733
President and 2009 1,055,000 1,000,021 590,011 0 17,182 2,662,214
Chief Merchandising Officer 2008 1,032,788 1,000,004 589,997 0 10,387 2,633,176
Eugene A. Castagna (13) (14) 2010 997,692 1,000,005 547,322 0 18,355 2,563,374
Chief Financial Officer 2009 840,000 750,008 590,011 0 14,151 2,194,170
and Treasurer 2008 822,319 749,995 589,997 0 13,468 2,175,779
(1) Except as otherwise described in this Summary Compensation Table, salaries to named executive officers were paid in cash in fiscal
2010, fiscal 2009 and fiscal 2008, 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
accordance 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 described in footnote 12 to the Company’s financial statements in the Company’s Form 10-K for fiscal 2010. Stock awards and
option awards are rounded up to the nearest whole share when converted from dollars to shares. The amounts shown in the
table reflect the Company’s accounting expense and do not necessarily reflect the actual value, if any, that may be realized by the
named executive officers.