Joseph T. Lower
2019
In 2019, Joseph T. Lower earned a total compensation of $2.2M as Former Executive Vice President and Chief Financial Officer at Office Depot, a 50% decrease compared to previous year.
Compensation breakdown
| Salary | $660,577 |
|---|---|
| Stock Awards | $1,500,000 |
| Other | $37,970 |
| Total | $2,198,547 |
Lower received $1.5M in stock awards, accounting for 68% of the total pay in 2019.
Lower also received $660.6K in salary and $38K in other compensation.
Rankings
In 2019, Joseph T. Lower's compensation ranked 5,445th out of 13,971 executives tracked by ExecPay. In other words, Lower earned more than 61.0% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 5,445 out of 13,971 | 61st |
Division Retail Trade | 335 out of 828 | 60th |
Major group Miscellaneous Retail | 58 out of 150 | 61st |
Industry group Miscellaneous Shopping Goods Stores | 14 out of 33 | 58th |
Pay ratio
| Joseph T. Lower's Pay | $2,198,547 |
|---|---|
| Median Employee's Pay | $30,745 |
| Pay Ratio | 72to 1 |
In 2019, the annual total compensation of Joseph T. Lower was $2,198,547.
The annual total compensation of the median employee at Office Depot was $30,745.
The ratio of Joseph T. Lower's pay to the pay of median employee was therefore 72 to one.
Source: SEC filing on March 26, 2020.
Lower's colleagues
We found four more compensation records of executives who worked with Joseph T. Lower at Office Depot in 2019.