Michaels Companies CEO Ashley Buchanan receives $12M in 2019
Michaels Companies reports 2019 executive compensation
By ExecPay News
Published: April 30, 2020
Michaels Companies reported fiscal year 2019 executive compensation information on April 30, 2020.
In 2019, seven executives at Michaels Companies received on average a compensation package of $4.3M, a 3% decrease compared to previous year.
Average pay of disclosed executives at Michaels Companies
Ashley Buchanan, Chief Executive Officer, received $12M in total. 57% of Buchanan's compensation, or $6.9M, was in stock awards. Buchanan also received $3.7M in bonus, $1.5M in option awards, $69K in salary, as well as $7.6K in other compensation.
Mark S. Cosby, Chief Executive Officer, received a compensation package of $6.5M. 46% of the compensation package, or $3M, was in option awards.
Vidya Jwala, Chief Customer Officer, earned $3.4M in 2019.
Carl S. Rubin, Chief Executive Officer, received $3M in 2019, which decreases by 71% compared to 2018.
Denise A. Paulonis, Chief Financial Officer, earned $2.2M in 2019, a 34% decrease compared to previous year.
J. Robert Koch, Executive Vice President Stores and Development, received $1.4M in 2019, which decreases by 29% compared to 2018.
Philo T. Pappas, Former President Merchandising and Supply Chain, earned $1.3M in 2019.
Michaels Companies' fiscal year ends on February 1.
Related executives
Ashley Buchanan
Michaels Companies
Chief Executive Officer
Mark Cosby
Michaels Companies
Chief Executive Officer
Carl Rubin
Michaels Companies
Chief Executive Officer
Denise Paulonis
Michaels Companies
Chief Financial Officer
Vidya Jwala
Michaels Companies
Chief Customer Officer
J Koch
Michaels Companies
Executive Vice President Stores and Development
Philo Pappas
Michaels Companies
Former President Merchandising and Supply Chain
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Source: SEC filing on April 30, 2020.