Williams-Sonoma CEO Laura Alber's 2019 pay falls 38% to $17M
Williams-Sonoma reports 2019 executive compensation
By ExecPay News
Published: April 17, 2020
Williams-Sonoma reported fiscal year 2019 executive compensation information on April 17, 2020.
In 2019, five executives at Williams-Sonoma received on average a compensation package of $7.2M, a 20% decrease compared to previous year.
Average pay of disclosed executives at Williams-Sonoma
Laura J. Alber, Chief Executive Officer, received $17M in total, which decreased by 38% compared to 2018. 70% of Alber's compensation, or $12M, was in stock awards. Alber also received $3.5M in non-equity incentive plan, $1.5M in salary, as well as $29K in other compensation.
For fiscal year 2019, the median employee pay was $11,493 at Williams-Sonoma. Therefore, the ratio of Laura J. Alber's pay to the median employee pay was 1,482 to one.
Alex Bellos, President, West Elm Brand, received a compensation package of $5.4M, which increased by 28% compared to previous year. 55% of the compensation package, or $3M, was in stock awards.
Ryan Ross, President, Williams Sonoma Brand, earned $5.1M in 2019.
Marta Benson, President, Pottery Barn Brand, received $4.6M in 2019, which decreases by 2% compared to 2018.
Julie P. Whalen, Chief Financial Officer, earned $4.1M in 2019, a 1% increase compared to previous year.
Williams-Sonoma's fiscal year ends on January 29.
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Source: SEC filing on April 17, 2020.