The Michaels Companies Claimed Company
Weāre here for the Makers ā and you can be too! Come be a part of a beloved, fifty-year-old brand thatās transforming to be more genuine and human for our customers. We work each day to be here for Makers no matter when, where or how they shop.
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Charles M. Sonsteby ā Former Vice Chairman at The Michaels Companies
Executive Bio
Mr. Charles M. Sonsteby, also known as Chuck, has been the Chairman of the Board of Directors at Darden Restaurants, Inc. since April 4, 2016. Mr. Sonsteby has been a Director of Michaels Stores, Inc. since August 2016. He served as the Chief Financial Officer of The Michaels Companies, Inc. from October 2010 to August 29, 2016 and its Chief Administrative Officer from October 2010 to June 7, 2016. Mr. Sonsteby served as the Chief Financial Officer and Chief Administrative Officer of Michaels Stores, Inc. since October 4, 2010 until August 2016. He was an Interim Chief Executive Officer of Michaels Stores, Inc. from May 16, 2012 to March 18, 2013. He served as the Chief Financial Officer and Executive Vice President at Brinker International Inc. from May 2001 to October 1, 2010 and also served as its Principal Accounting Officer until October 1, 2010. He joined Brinker International Inc. in March 1990 as Director of Tax, Treasury and Risk Management departments and has held roles in accounting, tax, treasury and investor relations. He served as Senior Vice President for Finance of Brinker International Inc., from March 1997 to May 2001 and served as its Vice President and Treasurer from 1994 to 1997. He serves as a Member of Portfolio Advisory Board at Texas Women Ventures. He has been a Director of Valvoline Inc. since September 28, 2016 and Darden Restaurants, Inc. since 2014. Mr. Sonsteby served as Vice Chairman of The Michaels Companies, Inc. since August 2016 to October 1, 2017. He served as a Director of Zale Corporation from November 15, 2006 to February 22, 2011. Mr. Sonsteby holds a Bachelor of Accounting degree from the University of Kentucky.
Key Executives
Name
Title
Salary
Total Comp Total Compensation includes both short-term and long-term benefits, option grants, salary, bonuses, company perks, etc. that can be used to determine financial benefits. An executive may or may not realize all of the Total Co mpensation during their tenure at the Company. Values of the benefits may change over time.
Executive Team Culture Ratings from The Michaels Companies Employees
BOTTOM
25%
The Michaels Companies' Executive Team scores in the Bottom 25%
of similar sized companies on Comparably
of similar sized companies on Comparably
The Michaels Companies' Executive Team at a Glance
Based on 267 ratings, The Michaels Companies' employees are less satisfied with their Executive Team and give them a āD+ā or 56/100. On average, Women provided higher ratings for their Executive Team compared to Men. Also, the Customer Support department thinks more highly of the Executive Team relative to the All Industries department.
The Michaels Companies' Executive Team ranks in the Bottom 25% of other companies in Dallas and Bottom 25% of other companies on Comparably that also have 10,000+ Employees.
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