PETSMART Chairman Philip Francis' 2007 pay slips 9% to $3.7M
PETSMART reports 2007 executive compensation
By ExecPay News
Published: May 5, 2008
PETSMART reported fiscal year 2007 executive compensation information on May 5, 2008.
In 2007, eight PETSMART executives received on average a compensation package of $1.4M, a 19% decrease compared to previous year.
Average pay of disclosed executives at PETSMART
Philip L. Francis, Chairman, received $3.7M in total, which decreased by 9% compared to 2006. 33% of Francis' compensation, or $1.2M, was in option awards. Francis also received $156K of change in pension value and nonqualified deferred compensation earnings, $398K in non-equity incentive plan, $960K in salary, $840K in stock awards, as well as $125K in other compensation.
Robert F. Moran, Chief Executive Officer, received a compensation package of $2.8M, which increased by 4% compared to previous year. 36% of the compensation package, or $991K, was in option awards.
David K. Lenhardt, Senior Vice President, Store Operations, earned $1.2M in 2007, a 10% decrease compared to previous year.
Joseph D. O'Leary, Senior Vice President, Merchandising, received $1.2M in 2007, which increases by 143% compared to 2006.
Mary L. Miller, Chief Marketing Officer, earned $1M in 2007.
Lawrence P. Molloy, Chief Financial Officer, received $879K in 2007.
Raymond L. Storck, Jr, Chief Accounting Officer, earned $589K in 2007, a 15% increase compared to previous year.
Timothy E. Kullman, Chief Financial Officer, received $200K in 2007, which decreases by 89% compared to 2006.
PETSMART's fiscal year ends on February 2.
Related executives
Philip Francis
PETSMART
Chairman
Lawrence Molloy
PETSMART
Chief Financial Officer
Robert Moran
PETSMART
Chief Executive Officer
David Lenhardt
PETSMART
Chief Executive Officer
Joseph O'Leary
PETSMART
Chief Operating Officer
Mary Miller
PETSMART
Chief Marketing Officer
Raymond Storck
PETSMART
Chief Accounting Officer
Timothy Kullman
PETSMART
Chief Financial Officer
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Source: SEC filing on May 5, 2008.