Geoff E. Tanner

President and Chief Executive Officer at Simply Good Foods Co

Board

Since July 7, 2023

Age

51 years

Education

Holds a Bachelor of Commerce and a Bachelor of Arts in Political Science and Government from Victoria University of Wellington in New Zealand and an MBA from Duke University Fuqua School of Business.

Tenure

Joined SMPL as President, Chief Operating Officer, and CEO-Elect on 04-03-2023 and promoted to President and Chief Executive Officer on 07-07-2023.

Also at Simply Good Foods Co

ACH

Amy C. Held

Senior Vice President and Chief Human Resources Officer

MAO

Mark A. Olivieri

Senior Vice President and General Manager of OWYN

RAT

Ryan A. Thomas

Senior Vice President, General Manager Atkins Marketing

About

Geoff E. Tanner is 51 years old and holds a Bachelor of Commerce and a Bachelor of Arts in Political Science and Government from Victoria University of Wellington in New Zealand, as well as an MBA from Duke University Fuqua School of Business.

He began his career as a senior strategy consultant and later played key leadership roles at Big Heart Pet Brands, Del Monte Foods, and The J.M. Smucker Company before joining SMPL. Initially appointed as President, Chief Operating Officer, and CEO-Elect on 04-03-2023, he was promoted to his current role as President and Chief Executive Officer on 07-07-2023.

In addition to his executive duties at SMPL, he contributes his expertise as a member of the Johnsonville Meat LLC Board of Directors, reflecting a broad and established track record in the consumer and food industries.

$SMPL Performance Under Geoff E. Tanner

Past Roles

Organization	Role	Date Range	Details
The Simply Good Foods Company (SMPL)	President, Chief Operating Officer, and CEO-Elect	April 3, 2023 - July 7, 2023	Held prior to current role
The Simply Good Foods Company (SMPL)	Member of the Board of Directors	Since April 2023	Previous board role held before transition
The J.M. Smucker Company	Chief Commercial and Marketing Officer	October 2019 - February 2023	Reported directly to the CEO
The J.M. Smucker Company	Senior Vice President, Growth	2016 - 2019	Reported directly to the CEO
Big Heart Pet Brands	Vice President, Marketing and General Manager	2003 - 2016	Held various leadership roles
Big Heart Pet Brands	Vice President, Innovation	2003 - 2016	Held various leadership roles
Cap Gemini Ernst & Young	Senior Strategy Consultant	N/A	Earlier career role

External Roles

Organization	Role	Date Range	Details
Johnsonville Meat LLC	Board of Directors	N/A	Active board membership outside SMPL

Fixed Compensation

Data from FY 2024

Component Name	Amount	Payment Schedule	Additional Details
Salary	$803,205	Annual	Base Salary for fiscal 2024
Stock Awards - RSUs	29,883 units; Fair Value: $1,139,738	As per RSU vesting terms	Grant Date: November 8, 2023
All Other Compensation	$26,350	Annual	Includes supplemental life and disability insurance

Performance Compensation

Data from FY 2024

PSUs - Performance Stock Awards

Metric	Details
Grant Date	November 8, 2023
Grant Date Fair Value	$1,320,201
Grant Date Stock Price	$31.59 (Closing price on August 30, 2024)
Threshold PSUs	5,747 units
Target PSUs	22,988 units
Maximum PSUs	45,976 units
Performance Metric	Relative TSR vs. Russell 3000 Food & Beverage Index
Payout Range	0% to 200% of target
Vesting Schedule	Vesting occurs on November 8, 2026 subject to performance

Non-Equity Incentive Plan Compensation

Metric	Details
Performance Metrics	Net Sales (50%) and Adjusted EBITDA (50%)
Payment Levels (Net Sales)	<95%: 0%; 95%: 50%; 100%: 100%; 105%: 150%; 109%: 200%
Payment Levels (Adjusted EBITDA)	<96%: 0%; 96%: 50%; 100%: 100%; 104%: 150%; 107%: 200%
Threshold Amount	$400,000
Target Amount	$800,000
Maximum Amount	$1,600,000
Final Payout	Achieved at 100% of target ($800,000)
Vesting Schedule	None; cash-based annual incentive
Evaluation Period	Fiscal Year 2024