Urban Outfitters COO Francis Conforti's 2022 pay jumps 253% to $7.2M
Urban Outfitters reports 2022 executive compensation
By ExecPay News
Published: April 1, 2022
Urban Outfitters reported fiscal year 2022 executive compensation information on April 1, 2022.
In 2022, five executives at Urban Outfitters received on average a compensation package of $4.1M, a 173% increase compared to previous year.
Francis J. Conforti, Chief Operating Officer, received $7.2M in total, which increased by 253% compared to 2021. 69% of Conforti's compensation, or $5M, was in stock awards. Conforti also received $5K in bonus, $1.4M in non-equity incentive plan, $903K in salary, as well as $8.8K in other compensation.
For fiscal year 2022, the median employee pay was $14,907 at Urban Outfitters. Therefore, the ratio of Francis J. Conforti's pay to the median employee pay was 485 to one.
Sheila B. Harrington, Chief Executive Officer, received a compensation package of $5.9M, which increased by 147% compared to previous year. 49% of the compensation package, or $2.9M, was in stock awards.
Margaret A. Hayne, Co, President & Chief Creative Officer Urban Outfitters, Inc, earned $4.2M in 2022, a 144% increase compared to previous year.
Melanie Marein-Efron, Chief Financial Officer, received $2.2M in 2022, which increases by 187% compared to 2021.
Richard A. Hayne, Chief Executive Officer, earned $1M in 2022, a 2768% increase compared to previous year.
Urban Outfitters' fiscal year ends on January 31.
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