Abercrombie & Fitch CEO Michael Jeffries' 2007 pay falls 57% to $11M
Abercrombie & Fitch reports 2007 executive compensation
By ExecPay News
Published: May 9, 2008
Abercrombie & Fitch reported fiscal year 2007 executive compensation information on May 9, 2008.
In 2007, six executives at Abercrombie & Fitch received on average a compensation package of $5.1M, a 25% decrease compared to previous year.
Average pay of disclosed executives at Abercrombie & Fitch
Michael S. Jeffries, Chief Executive Officer, received $11M in total, which decreased by 57% compared to 2006. 43% of Jeffries' compensation, or $4.8M, was in stock awards. Jeffries also received $1.5M of change in pension value and nonqualified deferred compensation earnings, $1.9M in non-equity incentive plan, $1.5M in salary, as well as $1.4M in other compensation.
Sourcing Leslee K. Herro, Executive Vice President Planning and Allocation, received a compensation package of $5.1M. 42% of the compensation package, or $2.1M, was in stock awards.
Diane Chang, Executive Vice President, earned $5.1M in 2007, a 20% increase compared to previous year.
Leslee K. Herro, Executive Vice President — Planning and Allocation, received $4.6M in 2007, which increases by 8% compared to 2006.
Michael W. Kramer, Chief Financial Officer, earned $3.3M in 2007, a 38% increase compared to previous year.
David S. Cupps, General Counsel, received $1.2M in 2007.
Abercrombie & Fitch's fiscal year ends on February 1.
Related executives
Michael Kramer
Abercrombie & Fitch
Chief Financial Officer
Leslee Herro
Abercrombie & Fitch
Executive Vice President Merchandise Planning, Inventory Management and Brand Senses
Michael Jeffries
Abercrombie & Fitch
Chief Executive Officer
Diane Chang
Abercrombie & Fitch
Executive Vice President
Sourcing Herro
Abercrombie & Fitch
Executive Vice President Planning and Allocation
David Cupps
Abercrombie & Fitch
General Counsel
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Source: SEC filing on May 9, 2008.