Buckle CEO Dennis Nelson's 2020 pay jumps 89% to $5.7M
Buckle reports 2020 executive compensation
By ExecPay News
Published: April 23, 2021
Buckle reported fiscal year 2020 executive compensation information on April 23, 2021.
In 2020, five Buckle executives received on average a compensation package of $2.3M, a 78% increase compared to previous year.
Average pay of disclosed executives at Buckle
Dennis H. Nelson, Chief Executive Officer, received $5.7M in total, which increased by 89% compared to 2019. 52% of Nelson's compensation, or $2.9M, was in stock awards. Nelson also received $1.8M in bonus, $822K in salary, as well as $89K in other compensation.
For fiscal year 2020, the median employee pay was $5,782 at Buckle. Therefore, the ratio of Dennis H. Nelson's pay to the median employee pay was 978 to one.
Kari G. Smith, Executive Vice President of Stores, received a compensation package of $1.5M, which increased by 66% compared to previous year. 34% of the compensation package, or $511K, was in salary.
Brett P. Milkie, Senior Vice President of Leasing, earned $1.4M in 2020, a 66% increase compared to previous year.
Robert M. Carlberg, Senior Vice President of Men's Merchandising, received $1.4M in 2020, which increases by 66% compared to 2019.
Thomas B. Heacock, Chief Financial Officer, earned $1.3M in 2020, a 74% increase compared to previous year.
Buckle's fiscal year ends on January 29.
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Source: SEC filing on April 23, 2021.