Hibbett Sports Chairman Michael Newsome's 2009 pay jumps 55% to $1.8M
Hibbett Sports reports 2009 executive compensation
By ExecPay News
Published: April 27, 2009
Hibbett Sports reported fiscal year 2009 executive compensation information on April 27, 2009.
In 2009, five executives at Hibbett Sports received on average a compensation package of $824K, a 57% increase compared to previous year.
Michael J. Newsome, Chairman, received $1.8M in total, which increased by 55% compared to 2008. 33% of Newsome's compensation, or $591K, was in non-equity incentive plan. Newsome also received $200K in option awards, $525K in salary, $448K in stock awards, as well as $6.3K in other compensation.
Gary A. Smith, Chief Financial Officer, received a compensation package of $710K, which increased by 42% compared to previous year. 39% of the compensation package, or $278K, was in salary.
Jeffry O. Rosenthal, Chief Executive Officer, earned $692K in 2009, a 35% increase compared to previous year.
Cathy E. Pryor, Senior Vice President of Operations, received $647K in 2009, which increases by 38% compared to 2008.
Nissan Joseph, Chief Operating Officer, earned $302K in 2009, a 5308% increase compared to previous year.
Hibbett Sports' fiscal year ends on January 30.