Harry A. Lawton III
Also at Tractor Supply Co
About
At 50 years old, the executive has played an influential role in transforming Tractor Supply Company, having assumed the role of President and Chief Executive Officer in January 2020. His leadership has been pivotal in driving strategic initiatives and operational expansions that have reshaped the company’s market presence.
With an impressive career spanning several high-profile organizations, the individual has held key leadership positions including serving as President at Macy's, Inc. from September 2017 to December 2019, Senior Vice President, North America at eBay, Inc. from May 2015 to September 2017, and multiple senior roles at Home Depot, Inc. from 2005 to 2015. His experience is further underscored by board roles at Sealed Air Corporation since January 2019 and a former directorship at Buffalo Wild Wings, Inc..
Under his guidance at TSCO, the company has achieved significant milestones including robust revenue growth and strategic investments that have fueled expansion in both physical retail and digital platforms. His visionary leadership continues to drive the company’s progress and reflects a deep commitment to operational excellence and sustained financial performance.
$TSCO Performance Under Harry A. Lawton III
Past Roles
| Organization | Role | Date Range | Details |
|---|---|---|---|
| Macy's, Inc. | President | September 2017 – December 2019 | Responsible for all aspects of the Macy's brand |
| Buffalo Wild Wings, Inc. | Director | October 2016 – February 2018 | N/A |
| eBay, Inc. | Senior Vice President, North America | May 2015 – September 2017 | Oversaw merchandising, marketing, and operations |
| Home Depot, Inc. | Senior Vice President of Merchandising & Head of Online Business | 2005 – 2015 | Held various leadership roles including overseeing merchandising and online business operations |
External Roles
| Organization | Role | Date Range | Details |
|---|---|---|---|
| Sealed Air Corporation | Director | Since January 2019 | Member of the Compensation Committee |
Fixed Compensation
| Component Name | Amount | Payment Schedule | Additional Details |
|---|---|---|---|
| Base Salary | $1,298,077 | N/A | Fixed yearly salary for 2023 |
| 401(k) Plan Contribution | $12,600 | N/A | Company contribution as part of All Other Compensation for 2023 |
| Deferred Compensation Plan Contribution | $4,500 | N/A | Company contribution as part of All Other Compensation for 2023 |
| Group Term Life Insurance & Disability Premiums | $9,924 | N/A | Premiums paid on behalf of the executive for 2023 |
| Employer Paid Healthcare | $12,972 | N/A | Healthcare benefits provided for 2023 |
| Other (Mobile Stipends & Gift Cards) | $1,438 | N/A | Additional compensation items for 2023 |
Performance Compensation
Non-Equity Incentive Plan Compensation
| Metric | Value | Unit | Citation |
|---|---|---|---|
| Threshold Payout | $468,750 | USD | |
| Target Payout | $1,875,000 | USD | |
| Maximum Payout | $3,750,000 | USD | |
| Grant Date | February 8, 2023 | N/A | |
| Grant Date Fair Value | $4,249,795 | USD | |
| Grant Date Stock Price (Exercise) | $232.73 | USD | |
| Grant Date Stock Price (Closing) | $231.24 | USD | |
| Performance Metrics | Net Sales Growth (50%), EPS Growth (50%), TSR Modifier ±25% | N/A | |
| Vesting Schedule | 3-year period (2023-2025), subject to continued employment and performance | N/A |
Equity Incentive Plan Awards
| Metric | Value | Unit | Citation |
|---|---|---|---|
| Threshold Shares | 6,701 | Shares | |
| Target Shares | 17,871 | Shares | |
| Maximum Shares | 44,678 | Shares | |
| Grant Date | February 8, 2023 | N/A | |
| Grant Date Fair Value (Probable) | $4,249,795 | USD | |
| Grant Date Fair Value (Maximum) | $8,499,591 | USD | |
| Grant Date Stock Price (Exercise) | $232.73 | USD | |
| Grant Date Stock Price (Closing) | $231.24 | USD | |
| Performance Metrics | Net Sales Growth (50%), EPS Growth (50%), TSR Modifier ±25% | N/A | |
| Vesting Schedule | 3-year period (2023-2025), subject to continued employment and performance conditions | N/A |