Foot Locker Chairman Richard Johnson's 2018 pay jumps 110% to $13M
Foot Locker reports 2018 executive compensation
By ExecPay News
Published: April 12, 2019
Foot Locker reported fiscal year 2018 executive compensation information on April 12, 2019.
In 2018, nine executives at Foot Locker received on average a compensation package of $4.9M, a 85% increase compared to previous year.
Richard A. Johnson, Chairman, received $13M in total, which increased by 110% compared to 2017. 66% of Johnson's compensation, or $8.9M, was in stock awards. Johnson also received $380K of change in pension value and nonqualified deferred compensation earnings, $1.9M in non-equity incentive plan, $1.1M in option awards, $1.1M in salary, as well as $63K in other compensation.
Stephen D."Jake" Jacobs Ex ecutive, Vice President and Chief Officer, North America, received a compensation package of $5.3M, which increased by 141% compared to previous year. 49% of the compensation package, or $2.6M, was in stock awards.
Stephen D. Jacobs, Chief Executive Officer, earned $5.3M in 2018, a 141% increase compared to previous year.
L ewis P Kimble Ex ecutive, Vice President and Chief Officer, Asia, received $4.2M in 2018, which increases by 96% compared to 2017.
Lewis P. Kimble, Chief Executive Officer, earned $4.2M in 2018, a 96% increase compared to previous year.
Lauren B. Peters Ex ecutive, Chief Financial Officer, received $3.5M in 2018, which increases by 86% compared to 2017.
Lauren B. Peters, Chief Financial Officer, earned $3.5M in 2018, a 86% increase compared to previous year.
P awan Verma, Executive Vice President and Chief Information and Customer Connectivity Officer, received $2.5M in 2018, which decreases by 4% compared to 2017.
Pawan Verma, Executive Vice President and Chief Information and Customer Connectivity Officer, earned $2.5M in 2018, a 4% decrease compared to previous year.
Foot Locker's fiscal year ends on January 29.
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