Caleres CEO Diane Sullivan's 2018 pay rises 17% to $8.3M
Caleres reports 2018 executive compensation
By ExecPay News
Published: April 18, 2019
Caleres reported fiscal year 2018 executive compensation information on April 18, 2019.
In 2018, six Caleres executives received on average a compensation package of $2.9M, a 5% decrease compared to previous year.
Average pay of disclosed executives at Caleres
Diane M. Sullivan, Chief Executive Officer, received $8.3M in total, which increased by 17% compared to 2017. 69% of Sullivan's compensation, or $5.7M, was in stock awards. Sullivan also received $183K of change in pension value and nonqualified deferred compensation earnings, $1.2M in non-equity incentive plan, $1.2M in salary, as well as $82K in other compensation.
For fiscal year 2018, the median employee pay was $21,839 at Caleres. Therefore, the ratio of Diane M. Sullivan's pay to the median employee pay was 381 to one.
Molly P. Adams, Division President - Famous Footwear , received a compensation package of $2.2M. 55% of the compensation package, or $1.2M, was in stock awards.
John W. Schmidt, Division President - Brand Portfolio, earned $2.1M in 2018, a 2% increase compared to previous year.
Kenneth H. Hannah, Chief Financial Officer, received $2M in 2018, which decreases by 4% compared to 2017.
Daniel R. Friedman, Division President, Global Supply Chain, earned $1.5M in 2018.
Douglas W. Koch, Senior Vice President, Strategic Projects, received $1.4M in 2018, which decreases by 1% compared to 2017.
Caleres' fiscal year ends on January 29.
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Source: SEC filing on April 18, 2019.