Crocs CEO Andrew Rees' 2018 pay jumps 132% to $9.1M
Crocs reports 2018 executive compensation
By ExecPay News
Published: April 24, 2019
Crocs reported fiscal year 2018 executive compensation information on April 24, 2019.
In 2018, four Crocs executives received on average a compensation package of $3.6M, a 42% increase compared to previous year.
Average pay of disclosed executives at Crocs
Andrew Rees, Chief Executive Officer, received $9.1M in total, which increased by 132% compared to 2017. 67% of Rees' compensation, or $6.1M, was in stock awards. Rees also received $2M in non-equity incentive plan, $950K in salary, as well as $23K in other compensation.
For fiscal year 2018, the median employee pay was $14,344 at Crocs. Therefore, the ratio of Andrew Rees' pay to the median employee pay was 634 to one.
Carrie W. Teffner, Chief Financial Officer, received a compensation package of $2.7M, which increased by 19% compared to previous year. 37% of the compensation package, or $1M, was in non-equity incentive plan.
Daniel P. Hart, Executive Vice President, Chief Legal and Risk Officer, earned $1.7M in 2018, a 20% increase compared to previous year.
Anne Mehlman, Chief Financial Officer, received $877K in 2018.
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Source: SEC filing on April 24, 2019.