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    Cabell H. Lolmaugh

    Chief Executive Officer and President at Tile Shop Holdings Inc
    Board
    Since January 1, 2019
    Age
    45 years
    Tenure
    Joined TTSH in 2001 and advanced through various roles—including store-level responsibilities, Director of Pro Services, Director-Talent Development, Vice President of Retail Stores, and Senior Vice President and COO—before becoming CEO and President on January 1, 2019.

    Also at Tile Shop Holdings Inc

    JK
    Joseph Kinder
    Senior Vice President, Chief Merchant Officer
    MBD
    Mark B. Davis
    Senior Vice President, Chief Financial Officer, and Secretary

    About

    Cabell H. Lolmaugh is the Chief Executive Officer and President of TTSH, bringing a disciplined approach to leadership, which is further underscored by his service in the United States Marine Corps.

    He began his career at TTSH in 2001, steadily rising from hands-on, store-level roles to assume key leadership positions that have shaped the company’s operational and strategic direction.

    His progression through roles such as Director of Pro Services, Director-Talent Development, Vice President of Retail Stores, and Senior Vice President and COO culminated in his appointment as CEO and President on January 1, 2019. As of April 22, 2024, he is 45 years old.

    $TTSH Performance Under Cabell H. Lolmaugh

    Past Roles

    OrganizationRoleDate RangeDetails
    Tile Shop Holdings, Inc. (TTSH)Senior Vice President and Chief Operating OfficerFeb 2018 - Dec 2018Held position prior to promotion to CEO
    Tile Shop Holdings, Inc. (TTSH)Vice President, Retail StoresOct 2017 - Feb 2018Served in retail leadership role
    Tile Shop Holdings, Inc. (TTSH)Director-Talent DevelopmentJan 2016 - Oct 2017Led store training programs and strategy
    Tile Shop Holdings, Inc. (TTSH)Director of Pro ServicesJul 2014 - Jan 2016Led professional customer strategy
    Tile Shop Holdings, Inc. (TTSH)Various Store-Level Roles2001 - Jul 2014Held numerous key store-level roles
    United States Marine CorpsService MemberPre-TTSHServed before joining TTSH

    Fixed Compensation

    Data from  FY 2024
    Component NameAmountPayment ScheduleAdditional Details
    Salary $424,360 Annual Base salary for fiscal year 2024
    Bonus $0 Annual No bonus was awarded
    Stock Awards $301,737 As granted during fiscal year 2024 Fair value computed following FASB ASC Topic 718
    Option Awards $0 Annual No option awards granted
    All Other Compensation $7,022 Annual Represents employer 401(k) contributions

    Performance Compensation

    Data from  FY 2024

    Performance Compensation Components

    ComponentDetailsCitation
    Performance MetricAdjusted EBITDA
    Threshold for Partial Payment90% of the Adjusted EBITDA performance target
    Maximum Incentive Payment115% of target, enabling up to 175% of the incentive amount
    Cash Incentive Target75% of year-end base salary
    Grant DateMarch 4, 2024
    Stock Awards Grant15,125 shares of time-based RS and 30,249 shares of performance-based RS
    Vesting Schedule (Time-Based)Vests in three equal annual installments based on continued service
    Vesting Schedule (Performance-Based)30% vests on filing the 2024 annual report, 30% on filing the 2025 report, and 40% on filing the 2026 report, contingent on adjusted ROCE targets of 12%, 14%, and 15% respectively