PETSMART Chairman Philip Francis' 2008 pay rises 2% to $3.7M
PETSMART reports 2008 executive compensation
By ExecPay News
Published: May 4, 2009
PETSMART reported fiscal year 2008 executive compensation information on May 4, 2009.
In 2008, six PETSMART executives received on average a compensation package of $1.8M, a 28% increase compared to previous year.
Average pay of disclosed executives at PETSMART
Philip L. Francis, Chairman, received $3.7M in total, which increased by 2% compared to 2007. 50% of Francis' compensation, or $1.9M, was in option awards. Francis also received $361K in non-equity incentive plan, $970K in salary, $435K in stock awards, as well as $125K in other compensation.
Robert F. Moran, Chief Executive Officer, received a compensation package of $2.8M, which decreased by 1% compared to previous year. 50% of the compensation package, or $1.4M, was in option awards.
Lawrence P. Molloy, Chief Financial Officer, earned $1.3M in 2008, a 46% increase compared to previous year.
Joseph D. O'Leary, Executive Vice President, Merchandising, Marketing and Supply Chain, received $1.2M in 2008, which increases by 1% compared to 2007.
David K. Lenhardt, Executive Vice President Store Operations, Human Resources and Information Systems, earned $1.2M in 2008, a 4% decrease compared to previous year.
Mary L. Miller, Chief Marketing Officer, received $896K in 2008, which decreases by 13% compared to 2007.
PETSMART's fiscal year ends on February 2.
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Source: SEC filing on May 4, 2009.