Caleres CEO Diane Sullivan's 2019 pay slips 18% to $6.9M
Caleres reports 2019 executive compensation
By ExecPay News
Published: April 14, 2022
Caleres reported fiscal year 2019 executive compensation information on April 14, 2022.
In 2019, six Caleres executives received on average a compensation package of $2.5M, a 16% decrease compared to previous year.
Average pay of disclosed executives at Caleres
Diane M. Sullivan, Chief Executive Officer, received $6.9M in total, which decreased by 18% compared to 2018. 61% of Sullivan's compensation, or $4.2M, was in stock awards. Sullivan also received $1.4M of change in pension value and nonqualified deferred compensation earnings, $1.2M in salary, as well as $74K in other compensation.
For fiscal year 2019, the median employee pay was $23,767 at Caleres. Therefore, the ratio of Diane M. Sullivan's pay to the median employee pay was 288 to one.
John W. Schmidt, Division President - Brand Portfolio, received a compensation package of $2.1M, which decreased by 1% compared to previous year. 45% of the compensation package, or $937K, was in stock awards.
Molly P. Adams, Division President - Famous Footwear , earned $2M in 2019, a 12% decrease compared to previous year.
Kenneth H. Hannah, Chief Financial Officer, received $1.5M in 2019, which decreases by 27% compared to 2018.
Douglas W. Koch, Senior Vice President, Strategic Projects, earned $1.4M in 2019, which is about the same as previous year.
Daniel R. Friedman, Chief Sourcing Officer, received $989K in 2019, which decreases by 36% compared to 2018.
Caleres' fiscal year ends on January 29.
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Source: SEC filing on April 14, 2022.