Kurt L. Darrow
2021
In 2021, Kurt L. Darrow earned a total compensation of $6.7M as Chairman, President and Chief Executive Officer at La-Z-Boy, a 28% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $1,821,569 |
|---|---|
| Option Awards | $1,320,003 |
| Salary | $923,982 |
| Stock Awards | $1,535,438 |
| Other | $1,109,433 |
| Total | $6,710,425 |
Darrow received $1.8M in non-equity incentive plan, accounting for 27% of the total pay in 2021.
Darrow also received $1.3M in option awards, $924K in salary, $1.5M in stock awards and $1.1M in other compensation.
Rankings
In 2021, Kurt L. Darrow's compensation ranked 1,852nd out of 12,415 executives tracked by ExecPay. In other words, Darrow earned more than 85.1% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1,852 out of 12,415 | 85th |
Division Manufacturing | 690 out of 5,505 | 88th |
Major group Furniture And Fixtures | 4 out of 46 | 91st |
Industry group Household Furniture | 3 out of 38 | 92nd |
Pay ratio
| Kurt L. Darrow's Pay | $6,710,425 |
|---|---|
| Median Employee's Pay | $28,040 |
| Pay Ratio | 239to 1 |
In 2021, the annual total compensation of Kurt L. Darrow was $6,710,425.
The annual total compensation of the median employee at La-Z-Boy was $28,040.
The ratio of Kurt L. Darrow's pay to the pay of median employee was therefore 239 to one.
Source: SEC filing on July 8, 2021.
Darrow's colleagues
We found four more compensation records of executives who worked with Kurt L. Darrow at La-Z-Boy in 2021.