James F. McCann
Also at 1-800-Flowers.Com Inc
About
James F. McCann is the founder of FLWS, having established the company in 1976 when he began a retail chain of flower shops in the New York metropolitan area. He has guided the company through multiple leadership roles over the decades, starting as Chairman and CEO until June 2016, before transitioning to the role of Executive Chairman.
After several years in the Chairman role, he resumed his duties as Chief Executive Officer in July 2023, underscoring his deep involvement in the strategic decisions and operational management of the company. His enduring leadership reflects both his commitment to the floral industry and the growth of the company over nearly five decades.
Throughout his career, he has also served on various boards and taken on key roles beyond FLWS, highlighting his extensive experience in corporate governance and strategic oversight. His story is one of innovation and dedication, with significant contributions that have helped steer the company to its current status as a leader in the industry.
$FLWS Performance Under James F. McCann
Past Roles
Organization | Role | Date Range | Details |
---|---|---|---|
1-800-FLOWERS.COM, Inc. | Chairman of the Board and Chief Executive Officer | Inception - June 2016 | Founder; served from inception until June 2016 |
1-800-FLOWERS.COM, Inc. | Executive Chairman of the Board | June 2016 - July 2023 | Transitioned after stepping down as CEO in June 2016 |
External Roles
Organization | Role | Date Range |
---|---|---|
International Game Technology PLC | Vice-Chairperson of the Board of Directors | Current |
Amyris, Inc. | Board Member | As of May 2019 - Current |
Fixed Compensation
Component Name | Amount ($) | Payment Schedule | Additional Details |
---|---|---|---|
Salary | 975,000 | Annual (2024) | Fixed annual salary |
Nonqualified Supplemental Deferred Compensation | 0 | N/A – replaced by Sharing Success Plan | No contributions in 2024; previously credited an amount equal to base salary through Fiscal 2023 |
Continuing Health and Welfare Benefits | 127,825 | Contingent (trigger event: termination/change of control, over five years) | Not part of regular fixed pay; payable over five years upon defined events |
Performance Compensation
Performance Compensation Details for Fiscal 2024
Component Name | Weighting (%) | Threshold Performance | Target Performance | Maximum Performance |
---|---|---|---|---|
Plan EBITDA | 70 | 90% target → 50% payout | 100% target → 100% payout | 150% target → 200% payout |
Plan Revenue | 30 | 95% target → 50% payout | 100% target → 100% payout | 105% target → 200% payout |
Payout Amounts:
- Threshold: $341,250
- Target: $975,000
- Maximum: $1,950,000
Additional Details:
- The Plan Revenue bonus is conditioned on achieving at least 90% of Plan EBITDA.
- This is a cash-based incentive with no equity component, no vesting schedule, and the evaluation period is Fiscal 2024 with payouts typically made in Q1 of the following fiscal year.