Dillard's CEO William Dillard's 2018 pay falls 31% to $3.3M
Dillard's reports 2018 executive compensation
By ExecPay News
Published: April 5, 2019
Dillard's reported fiscal year 2018 executive compensation information on April 5, 2019.
In 2018, six Dillard's executives received on average a compensation package of $1.7M, a 37% decrease compared to previous year.
William Dillard, II, Chief Executive Officer, received $3.3M in total, which decreased by 31% compared to 2017. 31% of Dillard's compensation, or $1M, was in salary. Dillard also received $1M of change in pension value and nonqualified deferred compensation earnings, $905K in non-equity incentive plan, $117K in stock awards, as well as $213K in other compensation.
For fiscal year 2018, the median employee pay was $23,352 at Dillard's. Therefore, the ratio of William Dillard, II's pay to the median employee pay was 141 to one.
Alex Dillard, President, received a compensation package of $2.5M, which decreased by 41% compared to previous year. 41% of the compensation package, or $1M, was in salary.
Drue Matheny, Executive Vice President, earned $1.5M in 2018, a 41% decrease compared to previous year.
Mike Dillard, Executive Vice President, received $1.3M in 2018, which decreases by 42% compared to 2017.
Phillip R. Watts, Senior Vice President, Co, Principal Financial Officer and Principal Accounting Officer, earned $786K in 2018, a 41% decrease compared to previous year.
Chris B. Johnson, Senior Vice President and Co, Principal Financial Officer, received $773K in 2018, which decreases by 20% compared to 2017.
Dillard's' fiscal year ends on February 1.
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