Terry J. Lundgren
2016
In 2016, Terry J. Lundgren earned a total compensation of $13.5M as Chairman and Chief Executive Officer at Macy's, a 15% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $1,355,655 |
|---|---|
| Non-Equity Incentive Plan | $370,700 |
| Option Awards | $3,999,996 |
| Salary | $1,600,000 |
| Stock Awards | $6,040,895 |
| Other | $116,360 |
| Total | $13,483,606 |
Lundgren received $6M in stock awards, accounting for 45% of the total pay in 2016.
Lundgren also received $1.4M of change in pension value and nonqualified deferred compensation earnings, $370.7K in non-equity incentive plan, $4M in option awards, $1.6M in salary and $116.4K in other compensation.
Rankings
In 2016, Terry J. Lundgren's compensation ranked 287th out of 14,075 executives tracked by ExecPay. In other words, Lundgren earned more than 98.0% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 287 out of 14,075 | 98th |
Division Retail Trade | 26 out of 874 | 97th |
Major group General Merchandise Stores | 3 out of 112 | 97th |
Industry group Department Stores | 2 out of 48 | 96th |
Industry Department Stores | 2 out of 48 | 96th |
Source: SEC filing on March 31, 2017.
Lundgren's colleagues
We found six more compensation records of executives who worked with Terry J. Lundgren at Macy's in 2016.
2016
Peter Sachse
Macy's
Former Chief Growth Officer
2016
Jeff Gennette
Macy's
President
2016
Elisa Garcia
Macy's
Chief Legal Officer
2016
Jeffrey Kantor
Macy's
Chief Merchandising Officer
2016
Tim Baxter
Macy's
Former Chief Merchandising Officer
2016
Karen Hoguet
Macy's