Buckle CEO Dennis Nelson's 2018 pay stays at $3M
Buckle reports 2018 executive compensation
By ExecPay News
Published: April 24, 2019
Buckle reported fiscal year 2018 executive compensation information on April 24, 2019.
In 2018, five Buckle executives received on average a compensation package of $1.3M, a 12% increase compared to previous year.
Dennis H. Nelson, Chief Executive Officer, received $3M in total, which is about the same as previous year. 42% of Nelson's compensation, or $1.3M, was in stock awards. Nelson also received $621K in bonus, $1M in salary, as well as $137K in other compensation.
For fiscal year 2018, the median employee pay was $6,332 at Buckle. Therefore, the ratio of Dennis H. Nelson's pay to the median employee pay was 479 to one.
Kari G. Smith, Executive Vice President of Stores, received a compensation package of $875K, which is about the same as previous year. 56% of the compensation package, or $490K, was in salary.
Brett P. Milkie, Senior Vice President of Leasing, earned $823K in 2018, which is about the same as previous year.
Robert M. Carlberg, Senior Vice President of Men's Merchandising, received $823K in 2018, which increases by 1% compared to 2017.
Thomas B. Heacock, Chief Financial Officer, earned $740K in 2018, a 18% increase compared to previous year.
Buckle's fiscal year ends on January 29.