Duluth Holdings CEO Samuel Sato's 2022 pay slips 15% to $2.9M
Duluth Holdings reports 2022 executive compensation
By ExecPay News
Published: April 7, 2023
Duluth Holdings reported fiscal year 2022 executive compensation information on April 7, 2023.
In 2022, three executives at Duluth Holdings received on average a compensation package of $1.4M, a 2% decrease compared to previous year.
Average pay of disclosed executives at Duluth Holdings
Samuel M. Sato, Chief Executive Officer, received $2.9M in total, which decreased by 15% compared to 2021. 71% of Sato's compensation, or $2.1M, was in stock awards. Sato also received $832K in salary.
David Loretta, Chief Financial Officer, received a compensation package of $645K, which decreased by 17% compared to previous year. 67% of the compensation package, or $433K, was in salary.
David S. Homolka, Senior Vice President of Talent, DE&I, and Retail Operations, earned $529K in 2022, a 23% decrease compared to previous year.
Duluth Holdings' fiscal year ends on January 29.
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Source: SEC filing on April 7, 2023.