Gerry P. Smith
2019
In 2019, Gerry P. Smith earned a total compensation of $9.6M as Chief Executive Officer at Office Depot, a 7% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $1,435,500 |
|---|---|
| Salary | $1,100,000 |
| Stock Awards | $7,000,000 |
| Other | $52,619 |
| Total | $9,588,119 |
Smith received $7M in stock awards, accounting for 73% of the total pay in 2019.
Smith also received $1.4M in non-equity incentive plan, $1.1M in salary and $52.6K in other compensation.
Rankings
In 2019, Gerry P. Smith's compensation ranked 804th out of 13,971 executives tracked by ExecPay. In other words, Smith earned more than 94.2% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 804 out of 13,971 | 94th |
Division Retail Trade | 52 out of 828 | 94th |
Major group Miscellaneous Retail | 13 out of 150 | 91st |
Industry group Miscellaneous Shopping Goods Stores | 3 out of 33 | 91st |
Pay ratio
| Gerry P. Smith's Pay | $9,588,119 |
|---|---|
| Median Employee's Pay | $30,745 |
| Pay Ratio | 312to 1 |
In 2019, the annual total compensation of Gerry P. Smith was $9,588,119.
The annual total compensation of the median employee at Office Depot was $30,745.
The ratio of Gerry P. Smith's pay to the pay of median employee was therefore 312 to one.
Source: SEC filing on March 26, 2020.
Smith's colleagues
We found four more compensation records of executives who worked with Gerry P. Smith at Office Depot in 2019.