Williams-Sonoma CEO Laura Alber's 2020 pay jumps 42% to $24M
Williams-Sonoma reports 2020 executive compensation
By ExecPay News
Published: April 16, 2021
Williams-Sonoma reported fiscal year 2020 executive compensation information on April 16, 2021.
In 2020, five executives at Williams-Sonoma received on average a compensation package of $9.9M, a 36% increase compared to previous year.
Average pay of disclosed executives at Williams-Sonoma
Laura J. Alber, Chief Executive Officer, received $24M in total, which increased by 42% compared to 2019. 72% of Alber's compensation, or $17M, was in stock awards. Alber also received $5.3M in non-equity incentive plan, $1.5M in salary, as well as $32K in other compensation.
For fiscal year 2020, the median employee pay was $19,476 at Williams-Sonoma. Therefore, the ratio of Laura J. Alber's pay to the median employee pay was 1,239 to one.
Alex Bellos, President, West Elm Brand, received a compensation package of $6.7M, which increased by 23% compared to previous year. 57% of the compensation package, or $3.8M, was in stock awards.
Marta Benson, President, Pottery Barn Brand, earned $6.7M in 2020, a 45% increase compared to previous year.
Julie P. Whalen, Chief Financial Officer, received $6.2M in 2020, which increases by 50% compared to 2019.
Ryan Ross, President, Williams Sonoma Brand, earned $5.7M in 2020, a 12% increase compared to previous year.
Williams-Sonoma's fiscal year ends on January 29.
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Source: SEC filing on April 16, 2021.