Dollar Tree Chairman Bob Sasser's 2018 pay slips 14% to $11M
Dollar Tree reports 2018 executive compensation
By ExecPay News
Published: April 22, 2019
Dollar Tree reported fiscal year 2018 executive compensation information on April 22, 2019.
In 2018, five executives at Dollar Tree received on average a compensation package of $6.1M, a 7% increase compared to previous year.
Bob Sasser, Chairman, received $11M in total, which decreased by 14% compared to 2017. 71% of Sasser's compensation, or $7.7M, was in stock awards. Sasser also received $1.4M in non-equity incentive plan, $1.7M in salary, as well as $143K in other compensation.
For fiscal year 2018, the median employee pay was $11,250 at Dollar Tree. Therefore, the ratio of Bob Sasser's pay to the median employee pay was 977 to one.
Gary Philbin, Chief Executive Officer, received a compensation package of $9.4M, which increased by 22% compared to previous year. 72% of the compensation package, or $6.7M, was in stock awards.
Duncan Mac Naughton, President Family Dollar Stores, earned $3.8M in 2018, a 11% decrease compared to previous year.
Kevin Wampler, Chief Financial Officer, received $3.1M in 2018, which decreases by 9% compared to 2017.
Michael Witynski, Chief Operating Officer, earned $3.1M in 2018, a 13% increase compared to previous year.
Dollar Tree's fiscal year ends on February 1.