Conns CEO Norman Miller's 2019 pay jumps 41% to $14M
Conns reports 2019 executive compensation
By ExecPay News
Published: April 12, 2019
Conns reported fiscal year 2019 executive compensation information on April 12, 2019.
In 2019, five Conns executives received on average a compensation package of $4.8M, a 44% increase compared to previous year.
Average pay of disclosed executives at Conns
Norman L. Miller, Chief Executive Officer, received $14M in total, which increased by 41% compared to 2018. 72% of Miller's compensation, or $10M, was in option awards. Miller also received $3M in non-equity incentive plan, $988K in salary, as well as $38K in other compensation.
For fiscal year 2019, the median employee pay was $35,814 at Conns. Therefore, the ratio of Norman L. Miller's pay to the median employee pay was 403 to one.
Lee A. Wright, Chief Financial Officer, received a compensation package of $6.8M, which increased by 167% compared to previous year. 37% of the compensation package, or $2.5M, was in option awards.
John C. Davis, President, Credit and Collections, earned $1.2M in 2019.
Eddie D. Combs, Chief Marketing Officer, received $897K in 2019.
Brian A. Daly, Chief Human Resources Officer, earned $814K in 2019.
Conns' fiscal year ends on January 31.
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Source: SEC filing on April 12, 2019.