PETSMART Chairman Philip Francis' 2009 pay jumps 48% to $5.5M
PETSMART reports 2009 executive compensation
By ExecPay News
Published: May 3, 2010
PETSMART reported fiscal year 2009 executive compensation information on May 3, 2010.
In 2009, six PETSMART executives received on average a compensation package of $3.3M, a 77% increase compared to previous year.
Average pay of disclosed executives at PETSMART
Philip L. Francis, Chairman, received $5.5M in total, which increased by 48% compared to 2008. 29% of Francis' compensation, or $1.6M, was in non-equity incentive plan. Francis also received $614K of change in pension value and nonqualified deferred compensation earnings, $1.2M in option awards, $991K in salary, $1M in stock awards, as well as $132K in other compensation.
Robert F. Moran, Chief Executive Officer, received a compensation package of $5.3M, which increased by 93% compared to previous year. 25% of the compensation package, or $1.3M, was in non-equity incentive plan.
David K. Lenhardt, Chief Operating Officer, earned $2.6M in 2009, a 116% increase compared to previous year.
Joseph D. O'Leary, Executive Vice President, Merchandising, Marketing and Supply Chain, received $2.3M in 2009, which increases by 93% compared to 2008.
Lawrence P. Molloy, Chief Financial Officer, earned $2.2M in 2009, a 70% increase compared to previous year.
Mary L. Miller, Chief Marketing Officer, received $1.7M in 2009, which increases by 89% compared to 2008.
PETSMART's fiscal year ends on February 2.
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Source: SEC filing on May 3, 2010.