Tile Shop Holdings CEO Cabell Lolmaugh's 2021 pay jumps 111% to $1.2M
Tile Shop Holdings reports 2021 executive compensation
By ExecPay News
Published: April 26, 2022
Tile Shop Holdings reported fiscal year 2021 executive compensation information on April 26, 2022.
In 2021, four executives at Tile Shop Holdings received on average a compensation package of $759K, a 97% increase compared to previous year.
Average pay of disclosed executives at Tile Shop Holdings
Cabell Lolmaugh, Chief Executive Officer, received $1.2M in total, which increased by 111% compared to 2020. 40% of Lolmaugh's compensation, or $491K, was in non-equity incentive plan. Lolmaugh also received $401K in salary, $317K in stock awards, as well as $14K in other compensation.
For fiscal year 2021, the median employee pay was $51,408 at Tile Shop Holdings. Therefore, the ratio of Cabell Lolmaugh's pay to the median employee pay was 24 to one.
Nancy DiMattia, Chief Financial Officer, received a compensation package of $726K, which increased by 94% compared to previous year. 39% of the compensation package, or $280K, was in salary.
Joseph Kinder, Senior Vice President, Supply Chain and Distribution, earned $551K in 2021, a 65% increase compared to previous year.
Mark Davis, Chief Accounting Officer, received $534K in 2021, which increases by 110% compared to 2020.
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Source: SEC filing on April 26, 2022.