Citi Trends CEO David Makuen's 2021 pay slips 1% to $3M
Citi Trends reports 2021 executive compensation
By ExecPay News
Published: April 22, 2022
Citi Trends reported fiscal year 2021 executive compensation information on April 22, 2022.
In 2021, five executives at Citi Trends received on average a compensation package of $1.5M, a 59% increase compared to previous year.
Average pay of disclosed executives at Citi Trends
David N. Makuen, Chief Executive Officer, received $3M in total, which decreased by 1% compared to 2020. 46% of Makuen's compensation, or $1.4M, was in non-equity incentive plan. Makuen also received $683K in salary, $925K in stock awards, as well as $1.4K in other compensation.
For fiscal year 2021, the median employee pay was $23,400 at Citi Trends. Therefore, the ratio of David N. Makuen's pay to the median employee pay was 127 to one.
Pamela J. Edwards, Chief Financial Officer, received a compensation package of $1.4M, which increased by 95% compared to previous year. 44% of the compensation package, or $631K, was in non-equity incentive plan.
Lisa A. Powell, Executive Vice President and Chief Merchandising Officer, earned $1.4M in 2021, a 2% decrease compared to previous year.
Ivy D. Council, Executive Vice President of Human Resources and Chief Compliance Officer, received $983K in 2021, which increases by 12% compared to 2020.
James A. Dunn, Senior Vice President of Store Operations, earned $787K in 2021, a 12% increase compared to previous year.
Citi Trends' fiscal year ends on January 29.
Related executives
David Makuen
Citi Trends
Chief Executive Officer
Pamela Edwards
Citi Trends
Chief Financial Officer
Lisa Powell
Citi Trends
Executive Vice President and Chief Merchandising Officer
Ivy Council
Citi Trends
Executive Vice President of Human Resources and Chief Compliance Officer
James Dunn
Citi Trends
Senior Vice President of Store Operations
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Source: SEC filing on April 22, 2022.