Nada Aried
Floor & Decor HoldingsAbout Nada Aried
Nada A. Aried, age 54, joined the Floor & Decor (FND) Board effective January 1, 2025 and serves on the Audit Committee; she is currently Executive Vice President and Chief Digital Technology Officer at Safelite AutoGlass (joined October 2024) and previously served as EVP & CIO at Bath & Body Works (2020–2024), with earlier senior technology roles at L Brands . She holds a B.S. in Finance (University of Toledo), a B.A. in English Literature (The Ohio State University), and an MBA (Ohio University) . The Board has determined she is independent under NYSE rules and SEC Rule 10A‑3; she is financially literate under NYSE requirements .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Bath & Body Works, Inc. | EVP & Chief Information Officer | Oct 2020 – Sep 2024 | Responsible for all IT; enabled loyalty program technology; created multi‑year transformational digital and technology roadmap to support customer experience |
| L Brands | SVP, Enterprise & Supply Chain Applications | 2016 – 2020 | Led enterprise and supply chain applications |
| L Brands | VP, Enterprise & Shared Services | 2014 – 2016 | Led enterprise/shared services technology |
External Roles
| Organization | Role | Start Date | Committees/Impact |
|---|---|---|---|
| Safelite AutoGlass | EVP & Chief Digital Technology Officer | Oct 2024 | Leads digital, omni‑channel, cybersecurity, supply chain and enterprise technology functions |
Board Governance
- Committee assignments: Audit Committee member; current Audit Committee composition is William Giles (Chair), Nada Aried, and Richard Sullivan .
- Independence: Board determined Ms. Aried is independent under NYSE listing standards and SEC Rule 10A‑3 and financially literate per NYSE rules .
- Board refreshment: Aried was recommended by a third‑party search firm as part of Board refreshment; appointed effective January 1, 2025 .
- Board/committee activity context: Board held four meetings in Fiscal 2024; Audit Committee held four meetings in Fiscal 2024 (current composition shown above; Aried joined in 2025) .
- Attendance disclosure: In Fiscal 2024, each director attended at least 75% of meetings of the Board and applicable committees during their service periods; Aried’s specific attendance is not disclosed as she joined in 2025 .
Fixed Compensation (Non‑Employee Director Program)
| Component | Amount | Notes |
|---|---|---|
| Annual cash retainer (Director) | $80,000 | Standard for non‑employee directors |
| Additional retainer – Non‑Executive Chair | $125,000 | Paid to Board Chair (if non‑executive) |
| Additional retainer – Audit Committee Chair | $25,000 | Committee chair premium |
| Additional retainer – Compensation Committee Chair | $20,000 | Committee chair premium |
| Additional retainer – Nominating Committee Chair | $20,000 | Committee chair premium |
| Additional retainer – Audit Committee member (non‑chair) | $10,000 | Applicable to Aried’s Audit Committee membership (non‑chair) |
| Additional retainer – Compensation Committee member (non‑chair) | $10,000 | Member premium |
| Additional retainer – Nominating Committee member (non‑chair) | $7,500 | Member premium |
| Meeting fees | Not disclosed | No per‑meeting fees disclosed |
| Expense reimbursement | Actuals | Reasonable out‑of‑pocket expenses reimbursed |
| Cash retainer election into RSUs | Available | Directors may elect to receive retainers in RSUs vesting at 1 year; e.g., Mr. James elected RSUs in Fiscal 2024 |
| Director deferred compensation elections | Discontinued | Elections under Director Deferred Compensation Program discontinued beginning Fiscal 2023 |
Note: Ms. Aried did not join the Board until January 1, 2025; Fiscal 2024 director compensation tables therefore exclude her .
Performance Compensation (Director Equity)
| Element | Grant | Vesting | Notes |
|---|---|---|---|
| Annual RSU grant (FY 2024) | 1,208 RSUs per non‑employee director | Vests in full on first anniversary of grant date, service‑based | Standard director equity; time‑based vesting only; Aried not yet a director in FY 2024 |
| RSUs outstanding as of 12/26/2024 | See table (e.g., Axelrod 1,208; Giles 1,208; etc.) | N/A | Aried not listed; she joined in 2025 |
- Performance metrics tied to director compensation: None disclosed; director RSUs are time‑based (no TSR/financial hurdles) .
Other Directorships & Interlocks
| Company | Role | Committees | Notes |
|---|---|---|---|
| Floor & Decor Holdings, Inc. | Director | Audit Committee | Current; number of public company boards including FND: 1 |
| Other public company boards | None disclosed | — | Matrix “Number of Public Company Boards* 1 (includes Floor & Decor)” indicates no additional public boards |
- Related‑party or interlock exposures: None disclosed for Aried. Board reviewed ordinary‑course arms’‑length arrangements involving directors associated with PulteGroup and Delta; Aried is not associated with these transactions .
Expertise & Qualifications
- 30+ years of specialty retail/services experience; leadership in technology, omni‑channel, digital, supply chain and enterprise functions .
- Board skills matrix marks Aried for Corporate Strategy & Business Development, Corporate Governance, Consumer Goods, Retail Chains, M&A, Risk Oversight, Real Estate, High Growth, Digital/Omni‑Channel, Human Capital/Compensation Oversight, and International experience .
- Degrees: B.S. Finance (Univ. of Toledo), B.A. English Literature (Ohio State), MBA (Ohio University) .
Equity Ownership
| Metric | Value |
|---|---|
| Total shares beneficially owned (as of March 3, 2025) | — (none reported) |
| Percentage of shares outstanding | <1% (“*” indication) |
| Shares/units detail | No RSUs listed for Aried as of 12/26/2024 (joined 2025) |
| Stock ownership guidelines | Non‑employee directors must hold shares equal to 5x annual cash retainer; compliance period is five years from election/appointment |
Governance Assessment
- Strengths: Independent audit committee member with deep digital/cyber/omni‑channel expertise; Audit Committee oversees financial reporting, risk management including cybersecurity, internal audit, and EY engagement—valuable for retail scaling and customer‑experience technology oversight .
- Board quality signals: Ongoing refresh; Aried was identified via third‑party search as part of a deliberate skills‑based composition review; separation of CEO and Chair; at least annual executive sessions support independent oversight .
- Alignment: Director equity is time‑based RSUs; non‑employee directors must meet 5x cash‑retainer ownership within five years—provides medium‑term alignment; Aried’s initial beneficial ownership shows none reported as of early 2025, typical for a new appointee .
- Conflicts/related parties: No Aried‑specific related‑party transactions disclosed; Board vetted ordinary‑course arrangements for other directors (Pulte, Delta) as arms‑length; independence affirmed .
RED FLAGS (none disclosed for Aried):
- No hedging/pledging provisions mentioned for directors; company prohibits NEO hedging/pledging and problematic option practices—good governance baseline; no director options outstanding as of end‑2024; Aried joined 2025 .
- No attendance concerns disclosed; Aried‑specific attendance not available due to 2025 appointment; monitor 2025–2026 engagement .
Board Governance (Reference Context)
- Audit Committee held four meetings in Fiscal 2024; Board held four; Audit Committee charter includes oversight of cybersecurity and enterprise risk management .
- Say‑on‑pay and governance proposals on 2025 agenda (ratify EY; officer exculpation; special meeting threshold) reflect evolving governance posture; not director‑specific but relevant to investor confidence .