Torrid Holdings CEO Elizabeth Muñoz's 2021 pay jumps 1,376% to $34M
Torrid Holdings reports 2021 executive compensation
By ExecPay News
Published: April 21, 2022
Torrid Holdings reported fiscal year 2021 executive compensation information on April 21, 2022.
In 2021, five executives at Torrid Holdings received on average a compensation package of $14M, a 919% increase compared to previous year.
Average pay of disclosed executives at Torrid Holdings
Elizabeth Muñoz, Chief Executive Officer, received $34M in total, which increased by 1,376% compared to 2020. 88% of Muñoz's compensation, or $30M, was in non-equity incentive plan. Muñoz also received $253K of change in pension value and nonqualified deferred compensation earnings, $900K in salary, $2.9M in stock awards, as well as $21K in other compensation.
George Wehlitz, Chief Financial Officer, received a compensation package of $25M. 94% of the compensation package, or $24M, was in non-equity incentive plan.
Michael Salmon, Chief Operating Officer, earned $4.9M in 2021, a 434% increase compared to previous year.
Anne Stephenson, Chief Merchandising and Product Officer, received $4.3M in 2021, which increases by 332% compared to 2020.
Kelly McGuire Diehl, Executive Vice President, People and Culture, earned $3.7M in 2021.
Torrid Holdings' fiscal year ends on January 31.
Related executives
Elizabeth Muñoz
Torrid Holdings
Chief Executive Officer
George Wehlitz
Torrid Holdings
Chief Financial Officer
Michael Salmon
Torrid Holdings
Chief Operating Officer
Anne Stephenson
Torrid Holdings
Chief Merchandising and Product Officer
Kelly Diehl
Torrid Holdings
Executive Vice President, People and Culture
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Source: SEC filing on April 21, 2022.