Michael Balmuth
2007
In 2007, Michael Balmuth earned a total compensation of $15M as Vice Chairman Chief Executive Officer at Ross Stores, a 84% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $906,416 |
|---|---|
| Option Awards | $4,847,697 |
| Salary | $1,017,614 |
| Stock Awards | $8,000,030 |
| Other | $237,790 |
| Total | $15,009,547 |
Balmuth received $8M in stock awards, accounting for 53% of the total pay in 2007.
Balmuth also received $906.4K in non-equity incentive plan, $4.8M in option awards, $1M in salary and $237.8K in other compensation.
Rankings
In 2007, Michael Balmuth's compensation ranked 124th out of 8,700 executives tracked by ExecPay. In other words, Balmuth earned more than 98.6% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 124 out of 8,700 | 99th |
Division Retail Trade | 5 out of 556 | 99th |
Major group Apparel And Accessory Stores | 2 out of 107 | 98th |
Industry group Family Clothing Stores | 2 out of 49 | 96th |
Industry Family Clothing Stores | 2 out of 49 | 96th |
Source: SEC filing on April 12, 2010.
Balmuth's colleagues
We found four more compensation records of executives who worked with Michael Balmuth at Ross Stores in 2007.