Kurt L. Darrow
2020
In 2020, Kurt L. Darrow earned a total compensation of $5.3M as Chairman, President and Chief Executive Officer at La-Z-Boy, a 20% decrease compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $868,377 |
|---|---|
| Option Awards | $659,917 |
| Salary | $1,006,814 |
| Stock Awards | $1,999,820 |
| Other | $721,194 |
| Total | $5,256,122 |
Darrow received $2M in stock awards, accounting for 38% of the total pay in 2020.
Darrow also received $868.4K in non-equity incentive plan, $659.9K in option awards, $1M in salary and $721.2K in other compensation.
Rankings
In 2020, Kurt L. Darrow's compensation ranked 2,080th out of 13,090 executives tracked by ExecPay. In other words, Darrow earned more than 84.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 2,080 out of 13,090 | 84th |
Division Manufacturing | 800 out of 5,621 | 86th |
Major group Furniture And Fixtures | 4 out of 66 | 94th |
Industry group Household Furniture | 3 out of 50 | 94th |
Pay ratio
| Kurt L. Darrow's Pay | $5,256,122 |
|---|---|
| Median Employee's Pay | $38,115 |
| Pay Ratio | 138to 1 |
In 2020, the annual total compensation of Kurt L. Darrow was $5,256,122.
The annual total compensation of the median employee at La-Z-Boy was $38,115.
The ratio of Kurt L. Darrow's pay to the pay of median employee was therefore 138 to one.
Source: SEC filing on July 21, 2020.
Darrow's colleagues
We found four more compensation records of executives who worked with Kurt L. Darrow at La-Z-Boy in 2020.