PETSMART Chairman Philip Francis' 2010 pay rises 13% to $6.2M
PETSMART reports 2010 executive compensation
By ExecPay News
Published: May 2, 2011
PETSMART reported fiscal year 2010 executive compensation information on May 2, 2011.
In 2010, five PETSMART executives received on average a compensation package of $3.7M, a 12% increase compared to previous year.
Average pay of disclosed executives at PETSMART
Philip L. Francis, Chairman, received $6.2M in total, which increased by 13% compared to 2009. 36% of Francis' compensation, or $2.3M, was in non-equity incentive plan. Francis also received $514K of change in pension value and nonqualified deferred compensation earnings, $1.3M in option awards, $999K in salary, $1.1M in stock awards, as well as $119K in other compensation.
Robert F. Moran, Chief Executive Officer, received a compensation package of $5.9M, which increased by 11% compared to previous year. 40% of the compensation package, or $2.4M, was in non-equity incentive plan.
Joseph D. O'Leary, EVP Merchandising, Marketing and Supply Chain, earned $2.1M in 2010, a 9% decrease compared to previous year.
David K. Lenhardt, Chief Operating Officer, received $2.1M in 2010, which decreases by 17% compared to 2009.
Lawrence P. Molloy, Chief Financial Officer, earned $2M in 2010, a 9% decrease compared to previous year.
PETSMART's fiscal year ends on February 2.
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Source: SEC filing on May 2, 2011.