Vera Bradley CEO Robert Wallstrom's 2020 pay rises 3% to $2.7M
Vera Bradley reports 2020 executive compensation
By ExecPay News
Published: April 30, 2020
Vera Bradley reported fiscal year 2020 executive compensation information on April 30, 2020.
In 2020, five executives at Vera Bradley received on average a compensation package of $1.2M, a 5% decrease compared to previous year.
Average pay of disclosed executives at Vera Bradley
Robert Wallstrom, Chief Executive Officer, received $2.7M in total, which increased by 3% compared to 2019. 41% of Wallstrom's compensation, or $1.1M, was in stock awards. Wallstrom also received $200K in bonus, $584K in non-equity incentive plan, $796K in salary, as well as $11K in other compensation.
For fiscal year 2020, the median employee pay was $15,734 at Vera Bradley. Therefore, the ratio of Robert Wallstrom's pay to the median employee pay was 171 to one.
Daren Hull, Chief Customer Officer, received a compensation package of $1.1M, which decreased by 17% compared to previous year. 46% of the compensation package, or $489K, was in salary.
John Enwright, Chief Financial Officer, earned $857K in 2020, a 7% decrease compared to previous year.
Beatrice Mac Cabe, Chief Creative Officer, received $848K in 2020, which decreases by 8% compared to 2019.
Mark C. Dely, Chief Legal & Administrative Officer, earned $781K in 2020.
Vera Bradley's fiscal year ends on January 29.
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Source: SEC filing on April 30, 2020.