Martin Waters
2021
In 2021, Martin Waters earned a total compensation of $12.9M as Chief Executive Officer, VS&Co at Victoria's Secret & Co., a 170% increase compared to previous year.
Compensation breakdown
| Bonus | $1,600,000 |
|---|---|
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $33,546 |
| Non-Equity Incentive Plan | $3,395,700 |
| Salary | $1,250,000 |
| Stock Awards | $6,500,029 |
| Other | $125,956 |
| Total | $12,905,231 |
Waters received $6.5M in stock awards, accounting for 50% of the total pay in 2021.
Waters also received $1.6M in bonus, $33.5K of change in pension value and nonqualified deferred compensation earnings, $3.4M in non-equity incentive plan, $1.3M in salary and $126K in other compensation.
Rankings
In 2021, Martin Waters' compensation ranked 691st out of 12,415 executives tracked by ExecPay. In other words, Waters earned more than 94.4% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 691 out of 12,415 | 94th |
Division Retail Trade | 40 out of 680 | 94th |
Major group Apparel And Accessory Stores | 7 out of 105 | 93rd |
Industry group Women's Clothing Stores | 2 out of 15 | 87th |
Industry Women's Clothing Stores | 2 out of 15 | 87th |
Source: SEC filing on April 14, 2022.
Waters' colleagues
We found four more compensation records of executives who worked with Martin Waters at Victoria's Secret & Co. in 2021.