Sharon McCollam
SIGNET JEWELERSAbout Sharon L. McCollam
Sharon L. McCollam is an independent director of Signet Jewelers (SIG), serving since March 2018 and currently chairs the Audit Committee; she also sits on the Governance & Technology Committee . She is President and Chief Financial Officer of Albertsons Companies, Inc. (since September 2021), and previously was CFO/CAO of Best Buy (Dec 2012–Jun 2016; senior advisor through Jan 2017) and EVP/COO/CFO at Williams‑Sonoma (2000–2012) . McCollam holds a B.S. in Accounting from the University of Central Oklahoma and is a Certified Public Accountant; the Board has affirmatively determined she is independent under NYSE standards . Age: 63 .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Albertsons Companies, Inc. | President & Chief Financial Officer | Sep 2021–present | Oversees finance and operations at large U.S. retailer |
| Best Buy Co., Inc. | Chief Financial Officer & Chief Administrative Officer; Senior Advisor | Dec 2012–Jun 2016; advisor through Jan 2017 | Recognized co‑pilot of major omnichannel turnaround |
| Williams‑Sonoma, Inc. | EVP, Chief Operating & Chief Financial Officer | 2000–2012 | Enterprise shared services, store development, supply chain |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| Stitch Fix, Inc. | Director | Since Nov 2016 | Current public company board |
| GetYourGuide AG (private) | Director | Since Oct 2019 | Private company board |
| Advance Auto Parts, Inc. | Director (former) | Feb 2019–Aug 2021 | Former public board |
| Chewy, Inc. | Director (former) | Jun 2019–Sep 2021 | Former public board |
| Whole Foods Market | Director (former) | May 2017–Aug 2017 | Board tenure ended upon Amazon acquisition |
Board Governance
- Committee assignments: Audit Committee (Chair); Governance & Technology Committee (member) . All Audit Committee members are financially literate and audit committee financial experts per SEC rules .
- Independence: The Board determined McCollam and all directors except the CEO are independent under NYSE standards .
- Attendance and engagement: In Fiscal 2025, the Board met seven times; average attendance exceeded 92%. No director attended under 75% except Mr. Seiffer; executive sessions of independent directors were held at each regularly scheduled meeting .
- Committee activity (Fiscal 2025 meetings): Audit 6; Governance & Technology 4 .
- Overboarding and engagement: The proxy states no directors are over‑boarded; shareholders may engage directors via Corporate Secretary procedures .
Fixed Compensation
| Component | Amount | Structure | Vesting/Timing |
|---|---|---|---|
| Annual Board Retainer (independent director) | $265,000 | $105,000 cash (quarterly) + $160,000 RSUs (granted at AGM) | RSUs one‑year cliff from grant date |
| Audit Committee Chair Retainer | $30,000 | Cash (quarterly) | N/A |
| Governance & Technology Committee Chair Retainer | $20,000 | Cash (quarterly) | N/A (not applicable to McCollam) |
| Sharon L. McCollam – Fiscal 2025 Director Compensation | Cash Fees | Stock Awards (grant‑date fair value) | Total |
|---|---|---|---|
| Actuals (per Summary Table) | $135,000 | $147,001 | $282,001 |
Notes:
- Annual equity award RSUs (one‑year cliff) were granted June 28, 2024; grant‑date fair value per RSU was $89.13 (Cochran’s February 27, 2024 pro‑rated grant was $106.55; standard grants were $89.13) .
- Director compensation is set by the Board with HCMC and Governance & Technology input and independent compensation consultant benchmarking .
Performance Compensation
Directors do not receive performance‑based equity or bonuses; director equity awards are time‑based RSUs with one‑year cliff vesting .
| Metric | Structure | Weight | Period | Notes |
|---|---|---|---|---|
| Director RSUs | Time‑based RSUs | 100% | One‑year cliff | No performance metrics tied to director equity |
Other Directorships & Interlocks
| Category | Detail |
|---|---|
| Current public boards | Stitch Fix, Inc. |
| Private boards | GetYourGuide AG |
| Former public boards | Advance Auto Parts; Chewy; Whole Foods Market |
| Interlocks/conflicts | Proxy discloses no material related party transactions involving any directors or the CEO; related party reviews are overseen by the Audit Committee . No directors are considered over‑boarded . |
Expertise & Qualifications
- CPA with deep retail finance, operations, supply chain, technology, customer care, real estate, shared services, and store development experience; recognized co‑pilot of a leading retail omnichannel turnaround at Best Buy .
- Audit Committee financial expert (committee comprised fully of SEC‑defined financial experts) .
- Education: B.S., Accounting, University of Central Oklahoma; Certified Public Accountant .
Equity Ownership
| Holder | Common Shares | Shares Acquirable Within 60 Days | Total | % of Class |
|---|---|---|---|---|
| Sharon L. McCollam | 27,034 | 1,641 | 28,675 | * (<1%) |
- No Common Shares are pledged; all Common Shares are owned directly .
- Director Share Ownership Policy requires the Chair and independent directors to reach minimum holdings equal to 3× the value of their annual share award within five years; as of May 19, 2025, all independent directors had met the requirement except Sandra Cochran (recently appointed). McCollam is in compliance .
- Company policy prohibits hedging and pledging of Company shares by directors and employees .
Insider compliance
| Item | Status |
|---|---|
| Section 16 filings | No late filings reported for McCollam in Fiscal 2025; late reports disclosed for other individuals (not including McCollam) |
Governance Assessment
- Strengths: Independent Audit Chair and SEC‑defined financial expert; Board‑determined independent; robust attendance culture and routine executive sessions; strong ownership alignment with compliance to director ownership policy; company prohibits hedging/pledging and reports no material related‑party transactions involving directors or the CEO .
- Compensation alignment: Director pay mix emphasizes equity with one‑year RSU vesting; McCollam’s FY2025 compensation reflects role‑based cash (Audit Chair) and standard RSU grant; no performance‑based director pay, reducing discretionary risk .
- Potential watch‑items: Concurrent senior operating role (Albertsons CFO/President) plus public board seat (Stitch Fix) can increase time commitments; however, the proxy states no directors are over‑boarded, and attendance thresholds were met broadly across the Board .
- Conflicts: No related‑party transactions identified involving McCollam; Audit Committee oversight of related‑party reviews and enterprise risks supports board effectiveness .