Conns COO Lee Wright's 2020 pay falls 80% to $1.3M
Conns reports 2020 executive compensation
By ExecPay News
Published: April 14, 2020
Conns reported fiscal year 2020 executive compensation information on April 14, 2020.
In 2020, five Conns executives received on average a compensation package of $988K, a 80% decrease compared to previous year.
Average pay of disclosed executives at Conns
Lee A. Wright, Chief Operating Officer, received $1.3M in total, which decreased by 80% compared to 2019. 50% of Wright's compensation, or $674K, was in stock awards. Wright also received $633K in salary and $38K in other compensation.
For fiscal year 2020, the median employee pay was $30,027 at Conns. Therefore, the ratio of Lee A. Wright's pay to the median employee pay was 45 to one.
Norman L. Miller, Chief Executive Officer, received a compensation package of $1M, which decreased by 93% compared to previous year. 96% of the compensation package, or $1M, was in salary.
John C. Davis, President, Credit and Collections, earned $977K in 2020, a 15% decrease compared to previous year.
Rodney D. Lastinger, President, Retail, received $876K in 2020.
George L. Bchara, Chief Financial Officer, earned $697K in 2020.
Conns' fiscal year ends on January 31.
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Source: SEC filing on April 14, 2020.