Gerry P. Smith
2020
In 2020, Gerry P. Smith earned a total compensation of $9.9M as Chief Executive Officer at Office Depot, a 3% increase compared to previous year.
Compensation breakdown
| Option Awards | $1,227,600 |
|---|---|
| Salary | $1,100,000 |
| Stock Awards | $7,500,000 |
| Other | $33,054 |
| Total | $9,860,654 |
Smith received $7.5M in stock awards, accounting for 76% of the total pay in 2020.
Smith also received $1.2M in option awards, $1.1M in salary and $33.1K in other compensation.
Rankings
In 2020, Gerry P. Smith's compensation ranked 850th out of 13,090 executives tracked by ExecPay. In other words, Smith earned more than 93.5% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 850 out of 13,090 | 94th |
Division Retail Trade | 63 out of 713 | 91st |
Major group Miscellaneous Retail | 18 out of 159 | 89th |
Industry group Miscellaneous Shopping Goods Stores | 1 out of 24 | 96th |
Pay ratio
| Gerry P. Smith's Pay | $9,860,654 |
|---|---|
| Median Employee's Pay | $31,085 |
| Pay Ratio | 317to 1 |
In 2020, the annual total compensation of Gerry P. Smith was $9,860,654.
The annual total compensation of the median employee at Office Depot was $31,085.
The ratio of Gerry P. Smith's pay to the pay of median employee was therefore 317 to one.
Source: SEC filing on March 12, 2021.
Smith's colleagues
We found five more compensation records of executives who worked with Gerry P. Smith at Office Depot in 2020.
2020
D Scaglione
Office Depot
Chief Financial Officer
2020
N Bleisch
Office Depot
Executive Vice President, Chief Legal & Administrative Officer
2020
Terry Leeper
Office Depot
Chief Technology Officer
2020
John Gannfors
Office Depot
Executive Vice President, Chief Merchandising and Supply Chain Officer
2020
Joseph Lower
Office Depot