| CEO Name | Bruce K. Thorn |
| Nationality | United States |
| Net Worth Estimation | $25 million |
Bruce K. Thorn's estimated net worth of around $25 million largely stems from his compensation as CEO of Big Lots, Inc., including salary, bonuses, stock awards, and options. His wealth is also influenced by previous executive roles at Tailored Brands, PetSmart, and significant holdings in Big Lots stock.
Bruce K. Thorn, CEO of Big Lots, Inc. in the retail sector, has an estimated net worth of $25,000,000. This places him at 21.4% of the maximum and 150% of the minimum CEO net worth within the given range.
Business Category: Retail
Minimum Net Worth (estimation): 10000000 USD
Maximum Net Worth (estimation): 80000000 USD
Bruce K. Thorn Performance in Big Lots, Inc.
Bruce K. Thorn, CEO of Big Lots, Inc., demonstrates strategic leadership by driving data-informed decision-making and emphasizing operational efficiency. His performance focuses on revenue growth, enhancing customer experience, and optimizing supply chain management to strengthen the company's market position. Thorn's impact includes improved financial results, shareholder value growth, and successful adaptation to retail industry challenges.
Latest News
Big Lots Faces Bankruptcy, CEO Layoff, and Store Reopenings Amid Restructuring
Big Lots, Inc. filed for Chapter 11 bankruptcy in September 2024, leading to layoffs including CEO Bruce Thorn and others, while assets were acquired by Gordon Brothers Retail Partners and Variety Wholesalers who are reopening over 130 stores to revive the brand. The new strategy under Variety Wholesalers' CEO Lisa Seigies focuses on scaling back furniture and expanding low-priced branded apparel to attract a higher-income demographic.
Source: http://www.cbsnews.com/news/big-lots-store-reopenings-may-2025/