Vera Bradley CEO Robert Wallstrom's 2021 pay rises 1% to $2.7M
Vera Bradley reports 2021 executive compensation
By ExecPay News
Published: May 7, 2021
Vera Bradley reported fiscal year 2021 executive compensation information on May 7, 2021.
In 2021, five executives at Vera Bradley received on average a compensation package of $1.2M, a 4% 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 1% compared to 2020. 52% of Wallstrom's compensation, or $1.4M, was in stock awards. Wallstrom also received $655K in non-equity incentive plan, $647K in salary, as well as $7.8K in other compensation.
For fiscal year 2021, the median employee pay was $8,622 at Vera Bradley. Therefore, the ratio of Robert Wallstrom's pay to the median employee pay was 314 to one.
Daren Hull, Brand President, Vera Bradley, received a compensation package of $1M, which decreased by 4% compared to previous year. 43% of the compensation package, or $446K, was in salary.
Beatrice Mac Cabe, Chief Creative Officer, Vera Bradley, earned $794K in 2021, a 6% decrease compared to previous year.
John Enwright, Chief Financial Officer, received $747K in 2021, which decreases by 13% compared to 2020.
Mary Beth Trypus, Chief Revenue Officer, Vera Bradley, earned $721K in 2021.
Vera Bradley's fiscal year ends on January 29.
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Source: SEC filing on May 7, 2021.