MICHAEL J. HARRISON - Corporate Board Profile

Sleep Number Corp

Filing Date	Source Excerpt
2014-04-04	Michael J. Harrison was appointed to our Board of Directors effective December 21, 2011. ... The following table summarizes the total compensation paid or earned by each of the non-employee members of our Board of Directors for the 2013 fiscal year ended December 28, 2013. ... Michael J. Harrison $160,226.
2016-04-01	Michael J. Harrison Age 55 Occupation: Board Director since January 2016, and previously interim CEO from March 2014 to May 2015, of OOFOS, LLC... The Audit Committee is comprised entirely of independent directors, currently including Stephen L. Gulis, Jr. (Chair), Michael J. Harrison... The Management Development and Compensation Committee is comprised entirely of independent directors, currently including Brenda J. Lauderback (Chair), Daniel I. Alegre, David T. Kollat and Michael A. Peel. The principal function of the Committee is to discharge the responsibilities of the Board relating to executive compensation and development of current and future leadership resources. The current members of each of the Board committees are identified in the table below... Michael J. Harrison X X... The following table summarizes the total compensation paid or earned by each of the non-employee members of our Board of Directors for the 2015 fiscal year ended January 2, 2016... Michael J. Harrison 72,250 72,438 22,470 0 167,158
2017-04-04	Michael J. Harrison Age 56 Occupation: Board Director since January 2016, and previously interim CEO from March 2014 to May 2015, of OOFOS, LLC, a leader in the emerging global category of recovery footwear for athletes; President & Chief Operating Officer of Grand Circle Corporation, a leading overseas travel company serving U.S. travelers age 50+, from August 2016 through January 2017; Board Director of Totes Isotoner Corporation, a leading global marketer of umbrellas, gloves, rainwear, slippers and other weather-related accessories from December 2014 to August 2016; Previously Chief Brand Officer for The Timberland Company, a leading brand of outdoor footwear, apparel and gear from July 2009 through November 2012; Prior to 2009, Mr. Harrison held various senior leadership roles at Timberland and Procter & Gamble Co., including positions with significant responsibility for international marketing, global operations and business development. Qualifications: Mr. Harrison brings 30 years of business acumen to our Board from his senior executive experience in marketing, product design and development, retailing and international management with leading consumer brands. Director Since 2011 Committees: Audit, Management Development and Compensation Director Compensation Table: Michael J. Harrison $174,400 total compensation in 2016.
2018-04-06	Michael J. Harrison Age 57 Occupation: Board Director since January 2016, and previously interim CEO from March 2014 to May 2015, of OOFOS, LLC, a leader in the emerging global category of recovery footwear for athletes; President & Chief Operating Officer of Grand Circle Corporation, a leading overseas travel company serving U.S. travelers age 50+, from August 2016 through January 2017; Board Director of Totes Isotoner Corporation, a leading global marketer of umbrellas, gloves, rainwear, slippers and other weather-related accessories from December 2014 to August 2016; Previously Chief Brand Officer for The Timberland Company, a leading brand of outdoor footwear, apparel and gear from July 2009 through November 2012; Prior to 2009, Mr. Harrison held various senior leadership roles at Timberland and Procter & Gamble Co., including positions with significant responsibility for international marketing, global operations and business development. The Board maintains three standing committees, including an Audit Committee, a Management Development and Compensation Committee and a Corporate Governance and Nominating Committee. The current members of each of the Board committees are identified in the table below. Michael J. Harrison Audit Committee: X Management Development and Compensation Committee: X Director Compensation The following table summarizes the total compensation paid or earned by each of the non-employee members of our Board of Directors for the 2017 fiscal year ended December 30, 2017. Michael J. Harrison Fees Earned or Paid in Cash: $81,250 Stock Awards: $71,075 Option Awards: $23,278 Total: $175,603
2019-04-02	Michael J. Harrison Age 58 Occupation: Board Director since January 2016, and previously interim CEO from March 2014 to May 2015, of OOFOS, Inc., the pioneer in the emerging global category of recovery footwear for athletes; President & Chief Operating Officer of Grand Circle Corporation, a leading overseas travel company serving U.S. travelers age 50+, from August 2016 through January 2017; Board Director of Totes Isotoner Corporation, a leading global marketer of umbrellas, gloves, rainwear, slippers and other weather-related accessories from December 2014 to August 2016; Previously Chief Brand Officer for The Timberland Company, a leading brand of outdoor footwear, apparel and gear from July 2009 through November 2012; Prior to 2009, Mr. Harrison held various senior leadership roles at Timberland and Procter & Gamble Co., including positions with significant responsibility for international marketing, global operations and business development. Director Since 2011 Qualifications: Mr. Harrison brings 30 years of business acumen to our Board from his senior executive experience in marketing, product design and development, retailing and international management with leading consumer brands. Other Company Boards (privately held): Current: OOFOS, Inc. Prior: Totes/Isotoner Corporation Board committees: Audit Committee, Management Development and Compensation Committee Director Compensation: $188,884 in total for 2018 fiscal year.
2020-03-31	Michael J. Harrison Age 59 Occupation: Independent advisor to consumer brand companies. Committees: Audit Committee, Corporate Governance and Nominating Committee (Chair). Director Compensation: $200,998.
2021-03-30	Michael J. Harrison Age 60 Director since 2011 The current members of each of the Board committees are identified in the table below. Director Audit Committee Management Development and Compensation Committee Corporate Governance and Nominating Committee Michael J. Harrison X Chair The following table summarizes the total compensation paid or earned by each of the non-employee members of our Board of Directors for the 2020 fiscal year ended January 2, 2021. Michael J. Harrison $99,294 $54,142 $18,154 $190 $171,780
2022-03-31	Michael J. Harrison Age 61 Director since 2011 Nominees for election this year for three-year terms expiring in 2025: The Board maintains three standing committees, including an Audit Committee, a Management Development and Compensation Committee and a Corporate Governance and Nominating Committee. The current members of each of the Board committees are identified in the table below. Michael J. Harrison director since 2011 The Board of Directors has determined that each of the following Directors who served as a member of our Board during any part of fiscal 2021 is an “independent Director” as defined by applicable rules of the Nasdaq Stock Market and the rules and regulations of the Securities and Exchange Commission (SEC): Michael J. Harrison The Board has determined that each Director serving on a committee meets the independence and other requirements applicable to such committee prescribed by applicable rules and regulations of the Nasdaq Stock Market, the SEC and the Internal Revenue Service. The Board of Directors has further determined that three current members of the Audit Committee, Stephen L. Gulis, Jr., Julie M. Howard and Barbara R. Matas, meet the definition of “audit committee financial expert” under rules and regulations of the SEC and meet the qualifications of “financial sophistication” under the Marketplace Rules of the Nasdaq Stock Market. The Audit Committee is comprised entirely of independent Directors, currently including Barbara R. Matas (Chair), Phillip M. Eyler, Stephen L. Gulis, Jr., Julie M. Howard, Deborah L. Kilpatrick, Ph.D. and Angel L. Mendez. The Management Development and Compensation Committee (the Compensation Committee) is comprised entirely of independent Directors, currently including Brenda J. Lauderback (Chair), Daniel I. Alegre, Michael J. Harrison and Kathleen L. Nedorostek. The Corporate Governance and Nominating Committee (the CGNC) is comprised entirely of independent Directors, currently including Michael J. Harrison (Chair), Stephen L. Gulis, Jr., Deborah L. Kilpatrick, Ph.D. and Kathleen L. Nedorostek. On March 14, 2022, we announced the Board’s decision to combine the roles of Board Chair and Chief Executive Officer and appoint an independent Lead Director. Effective immediately after the 2022 Annual Meeting of Shareholders on May 12, 2022, Shelly R. Ibach will assume the role of Chair and Michael J. Harrison will assume the role of Lead Director. The compensation payable to non-employee directors of Sleep Number Corporation is reviewed and determined annually by the Management Development and Compensation Committee, typically at the quarterly meeting in May of each year. The following table summarizes the total compensation paid or earned by each of the non-employee members of our Board of Directors for the 2021 fiscal year ended January 1, 2022. Michael J. Harrison $103,250 $87,363 $29,216 — $219,829
2023-03-30	Michael J. Harrison Age 62 Director since 2011 Shelly Ibach, in her capacity as Board Chair, and Michael J. Harrison, in his capacity as independent Lead Director, have generally attended all committee meetings.
2024-04-02	Michael J. Harrison, Age 63, Sleep Number setting 40. Independent Lead Director. Member of the Audit Committee and Management Development and Compensation Committee. Total compensation $262,192.