Burlington Stores CEO Michael O'Sullivan's 2020 pay falls 69% to $9.6M
Burlington Stores reports 2020 executive compensation
By ExecPay News
Published: April 1, 2021
Burlington Stores reported fiscal year 2020 executive compensation information on April 1, 2021.
In 2020, five executives at Burlington Stores received on average a compensation package of $4.9M, a 34% decrease compared to previous year.
Average pay of disclosed executives at Burlington Stores
Michael O'Sullivan, Chief Executive Officer, received $9.6M in total, which decreased by 69% compared to 2019. 67% of O'Sullivan's compensation, or $6.4M, was in stock awards. O'Sullivan also received $2.1M in option awards, $1M in salary, as well as $48K in other compensation.
Jennifer Vecchio, President and Chief Merchandising Officer, received a compensation package of $5.8M, which increased by 63% compared to previous year. 50% of the compensation package, or $2.9M, was in stock awards.
Fred Hand, Chief Operating Officer, earned $4.3M in 2020, a 69% increase compared to previous year.
John Crimmins, Chief Financial Officer, received $3M in 2020, which increases by 148% compared to 2019.
Joyce Manning Magrini, Executive Vice President - Human Resources, earned $1.7M in 2020, a 39% increase compared to previous year.
Burlington Stores' fiscal year ends on February 1.
Related executives
Michael O'Sullivan
Burlington Stores
Chief Executive Officer
John Crimmins
Burlington Stores
Chief Financial Officer
Jennifer Vecchio
Burlington Stores
President and Chief Merchandising Officer
Fred Hand
Burlington Stores
Chief Operating Officer
Joyce Magrini
Burlington Stores
Executive Vice President - Human Resources
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Source: SEC filing on April 1, 2021.