Aaron's CEO John Robinson's 2018 pay rises 2% to $7.2M
Aaron's reports 2018 executive compensation
By ExecPay News
Published: March 28, 2019
Aaron's reported fiscal year 2018 executive compensation information on March 28, 2019.
In 2018, five Aaron's executives received on average a compensation package of $3.7M, a 15% increase compared to previous year.
Average pay of disclosed executives at Aaron's
John W. Robinson III, Chief Executive Officer, received $7.2M in total, which increased by 2% compared to 2017. 55% of Robinson's compensation, or $3.9M, was in stock awards. Robinson also received $1M in non-equity incentive plan, $1.4M in option awards, $785K in salary, as well as $6.3K in other compensation.
For fiscal year 2018, the median employee pay was $30,904 at Aaron's. Therefore, the ratio of John W. Robinson III's pay to the median employee pay was 231 to one.
Ryan K. Woodley, Chief Executive Officer, received a compensation package of $3.7M, which increased by 32% compared to previous year. 49% of the compensation package, or $1.8M, was in stock awards.
Steven A. Michaels, Chief Financial Officer, earned $2.7M in 2018, a 11% increase compared to previous year.
Douglas A. Lindsay, President, Aaron's Business, received $2.6M in 2018, which increases by 48% compared to 2017.
Curtis L. Doman, Chief Product Officer Progressive, earned $2.4M in 2018, a 13% increase compared to previous year.
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Source: SEC filing on March 28, 2019.