Michael Balmuth

2020

In 2020, Michael Balmuth earned a total compensation of $13.5M as Chairman of the Board and Senior Advisor at Ross Stores, a 51% increase compared to previous year.

Compensation breakdown

Non-Equity Incentive Plan$1,680,551
Salary$1,185,353
Stock Awards$9,994,945
Other$669,755
Total$13,530,604

Balmuth received $10M in stock awards, accounting for 74% of the total pay in 2020.

Balmuth also received $1.7M in non-equity incentive plan, $1.2M in salary and $669.8K in other compensation.

Rankings

In 2020, Michael Balmuth's compensation ranked 505th out of 13,090 executives tracked by ExecPay. In other words, Balmuth earned more than 96.1% of executives.

ClassificationRankingPercentile
All
505
out of 13,090
96th
Division
Retail Trade
40
out of 713
94th
Major group
Apparel And Accessory Stores
6
out of 116
95th
Industry group
Family Clothing Stores
5
out of 47
89th
Industry
Family Clothing Stores
5
out of 47
89th

Pay ratio

Michael Balmuth's Pay$13,530,604
Median Employee's Pay$8,672
Pay Ratio

1,560

to 1

In 2020, the annual total compensation of Michael Balmuth was $13,530,604.

The annual total compensation of the median employee at Ross Stores was $8,672.

The ratio of Michael Balmuth's pay to the pay of median employee was therefore 1,560 to one.

Source: SEC filing on April 5, 2021.

Balmuth's colleagues

We found five more compensation records of executives who worked with Michael Balmuth at Ross Stores in 2020.

2020

Barbara Rentler

Ross Stores

Chief Executive Officer

2020

Michael Hartshorn

Ross Stores

Chief Operating Officer

2020

Brian Morrow

Ross Stores

President and Chief Merchandising Officer – dd’s DISCOUNTS

2020

Michael Kobayashi

Ross Stores

President, Operations and Technology

2020

Travis Marquette

Ross Stores

Chief Financial Officer

News

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