Sharon McCollam
Stitch FixAbout Sharon McCollam
Sharon McCollam (age 63) is Lead Independent Director at Stitch Fix (SFIX), serving on the Board since November 2016; she is a Class I director with a term continuing until the 2027 annual meeting . She is President and Chief Financial Officer of Albertsons Companies, Inc. (since September 2021), holds a B.S. in Accounting from the University of Central Oklahoma, and is a Certified Public Accountant .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Albertsons Companies, Inc. | President & CFO | Sep 2021–present | Executive leadership in finance and operations |
| Best Buy Co., Inc. | EVP, Chief Administrative & CFO; Senior Advisor | Dec 2012–Jun 2016; advisor through Jan 2017 | Finance leadership; transformation oversight |
| Williams-Sonoma, Inc. | CFO; EVP, COO & CFO | 2000–2006; 2006–2012 | Retail operations and financial stewardship |
| Dole Fresh Vegetables, Inc. | CFO | Prior to Williams-Sonoma | Food industry finance |
External Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Signet Jewelers Limited | Director | Mar 2018–present | Not disclosed |
| Advance Auto Parts; Chewy, Inc.; Whole Foods Market, Inc.; OfficeMax Inc.; Del Monte Foods Co.; Williams-Sonoma, Inc. | Director (prior) | Various (prior service) | Not disclosed |
| GetYourGuide AG | Director | Current | Not disclosed |
| ALSAC/St. Jude Children’s Research Hospital | Non-profit Board | Current | Not disclosed |
Board Governance
- Independence: The Board determined Ms. McCollam is independent under Nasdaq rules .
- Leadership: Serves as Lead Independent Director with responsibilities including agenda consultation, presiding over meetings of independent directors, and coordinating committee updates .
- Committees: Audit Committee Chair and member of Nominating & Corporate Governance Committee; designated “audit committee financial expert” by the Board .
- Attendance: Board met 5 times in FY2025; each director attended at least 75% of Board and committee meetings; six of eight directors attended the 2024 annual meeting .
| Committee | Role | FY2025 Meetings |
|---|---|---|
| Audit | Chair (McCollam) | 6 |
| Compensation | Not a member | 6 |
| Nominating & Corporate Governance | Member (McCollam) | 2 |
Fixed Compensation
- Independent Director Compensation Policy (as of Oct 2024):
- Cash retainer $100,000; Audit Chair $20,000; Audit Member $10,000; Compensation Chair $15,000; Compensation Member $7,500; Nominating Chair $10,000; Nominating Member $5,000; Lead Independent Director $10,000; payable quarterly and pro-rated for partial service .
- Annual RSU grant valued at $175,000, vesting on the earlier of one year or the next annual meeting .
- FY2025 Director Compensation (McCollam):
| Component | Amount ($) |
|---|---|
| Fees Earned or Paid in Cash | 122,500 |
| Stock Awards (grant date fair value) | 194,677 |
| Total | 317,177 |
Performance Compensation
- Director equity awards are time-based RSUs; no performance metrics disclosed for non-employee director equity .
| Performance Metric | Weighting | Measurement | FY2025 Use |
|---|---|---|---|
| None (time-based RSUs) | N/A | Vests at next annual meeting or first anniversary | RSUs granted per policy |
Other Directorships & Interlocks
- Current public company directorship: Signet Jewelers (since March 2018) .
- No interlocks with SFIX competitors/suppliers/customers disclosed; no related-party transactions involving Ms. McCollam disclosed in FY2025 .
Expertise & Qualifications
- Financial expertise: Audit committee financial expert; CPA; extensive CFO experience (Albertsons, Best Buy, Williams-Sonoma) .
- Governance/risk oversight: Leads independent director sessions; Audit Committee oversees ERM and cybersecurity; Board and committees receive periodic risk reports .
Equity Ownership
- Beneficial Ownership (as of Oct 17, 2025):
| Class | Shares | % of Class | Notes |
|---|---|---|---|
| Class A | 241,862 | <1% (*) | Includes 133,353 options exercisable within 60 days and 41,866 RSUs vesting within 60 days |
| Class B | 49,200 | <1% (*) | Includes 49,200 options exercisable within 60 days |
| Total Voting Power | N/A | <1% (*) | Class A 1 vote/share; Class B 10 votes/share |
(*) Less than one percent .
- Outstanding Director Equity (as of Aug 2, 2025):
| Instrument | Quantity |
|---|---|
| RSUs | 41,866 |
| Stock Options | 182,553 |
- Ownership guidelines: Non-employee directors must hold the lesser of 4x annual retainer or 80,000 shares; compliance evaluated annually; all covered individuals are compliant or within the five-year window .
- Hedging/pledging: Prohibited under SFIX Insider Trading Policy .
Governance Assessment
- Strengths: Independent status; Lead Independent Director role; Audit Chair and financial expert designation; robust stock ownership guidelines; prohibition on hedging/pledging; committee structure and meeting cadence; director compensation balanced between cash retainer and time-based RSUs; strong say-on-pay support in 2024 (>98% approval), indicating shareholder alignment on compensation practices .
- Potential considerations: Multiple significant external commitments (Albertsons President & CFO; Signet director) could present time-commitment risk; however, the Board reported adequate meeting attendance, and independence was affirmed .
- Conflicts/related-party: No related-party transactions involving Ms. McCollam disclosed; Audit Committee (chaired by McCollam) reviews related-party transactions, supporting conflict oversight .
- Compliance: No delinquent Section 16(a) filings indicated for Ms. McCollam; late filings noted for certain other insiders in FY2025 .