Ollie's Bargain Outlet Holdings CEO Mark Butler's 2018 pay rises 8% to $4.1M

Ollie's Bargain Outlet Holdings reports 2018 executive compensation

By ExecPay News

Published: May 14, 2019

Ollie's Bargain Outlet Holdings reported fiscal year 2018 executive compensation information on May 14, 2019.

In 2018, five executives at Ollie's Bargain Outlet Holdings received on average a compensation package of $1.7M, a 12% increase compared to previous year.

Average pay of disclosed executives at Ollie's Bargain Outlet Holdings

Mark Butler, Chief Executive Officer, received $4.1M in total, which increased by 8% compared to 2017. 29% of Butler's compensation, or $1.2M, was in non-equity incentive plan. Butler also received $1M in option awards, $795K in salary, $1M in stock awards, as well as $20K in other compensation.

For fiscal year 2018, the median employee pay was $13,538 at Ollie's Bargain Outlet Holdings. Therefore, the ratio of Mark Butler's pay to the median employee pay was 301 to one.

John Swygert, Chief Operating Officer, received a compensation package of $2.1M, which increased by 16% compared to previous year. 27% of the compensation package, or $550K, was in non-equity incentive plan.

Jay Stasz, Chief Financial Officer, earned $910K in 2018, a 21% increase compared to previous year.

Omar Segura, Senior Vice President of Store Operations, received $901K in 2018, which increases by 13% compared to 2017.

Kevin McLain, Senior Vice President of Merchandising, earned $726K in 2018, a 12% increase compared to previous year.

Ollie's Bargain Outlet Holdings' fiscal year ends on January 29.