Williams-Sonoma CEO Laura Alber's 2018 pay jumps 89% to $27M
Williams-Sonoma reports 2018 executive compensation
By ExecPay News
Published: April 19, 2019
Williams-Sonoma reported fiscal year 2018 executive compensation information on April 19, 2019.
In 2018, five executives at Williams-Sonoma received on average a compensation package of $9.1M, a 35% increase compared to previous year.
Laura J. Alber, Chief Executive Officer, received $27M in total, which increased by 89% compared to 2017. 81% of Alber's compensation, or $22M, was in stock awards. Alber also received $3.8M in non-equity incentive plan, $1.5M in salary, as well as $31K in other compensation.
For fiscal year 2018, the median employee pay was $11,137 at Williams-Sonoma. Therefore, the ratio of Laura J. Alber's pay to the median employee pay was 2,447 to one.
Janet M. Hayes, President, Williams Sonoma Brand, received a compensation package of $5M, which decreased by 32% compared to previous year. 60% of the compensation package, or $3M, was in stock awards.
Marta Benson, President, Pottery Barn Brand, earned $4.7M in 2018, a 58% increase compared to previous year.
Alex Bellos, President, West Elm Brand, received $4.3M in 2018, which increases by 5% compared to 2017.
Julie P. Whalen, Chief Financial Officer, earned $4.1M in 2018, a 11% decrease compared to previous year.
Williams-Sonoma's fiscal year ends on January 29.