Childrens Place CFO Michael Scarpa's 2018 pay falls 68% to $1.8M
Childrens Place reports 2018 executive compensation
By ExecPay News
Published: April 2, 2019
Childrens Place reported fiscal year 2018 executive compensation information on April 2, 2019.
In 2018, five executives at Childrens Place received on average a compensation package of $1M, a 83% decrease compared to previous year.
Average pay of disclosed executives at Childrens Place
Michael Scarpa, Chief Financial Officer, received $1.8M in total, which decreased by 68% compared to 2017. 56% of Scarpa's compensation, or $1M, was in stock awards. Scarpa also received $775K in salary and $12K in other compensation.
For fiscal year 2018, the median employee pay was $8,620 at Childrens Place. Therefore, the ratio of Michael Scarpa's pay to the median employee pay was 207 to one.
Jane Elfers, Chief Executive Officer, received a compensation package of $1.2M, which decreased by 92% compared to previous year. 89% of the compensation package, or $1.1M, was in salary.
Bradley Cost, General Counsel, earned $1M in 2018, a 48% decrease compared to previous year.
Pamela Wallack, Former President, Global Product, received $601K in 2018, which decreases by 88% compared to 2017.
Anurup Pruthi, Chief Financial Officer, earned $438K in 2018, a 79% decrease compared to previous year.
Childrens Place's fiscal year ends on February 1.
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Source: SEC filing on April 2, 2019.