Michael Balmuth
2011
In 2011, Michael Balmuth earned a total compensation of $12M as Vice Chairman Chief Executive Officer at Ross Stores, a 3% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $2,224,032 |
|---|---|
| Salary | $1,203,114 |
| Stock Awards | $8,500,014 |
| Other | $99,580 |
| Total | $12,026,740 |
Balmuth received $8.5M in stock awards, accounting for 71% of the total pay in 2011.
Balmuth also received $2.2M in non-equity incentive plan, $1.2M in salary and $99.6K in other compensation.
Rankings
In 2011, Michael Balmuth's compensation ranked 241st out of 10,747 executives tracked by ExecPay. In other words, Balmuth earned more than 97.8% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 241 out of 10,747 | 98th |
Division Retail Trade | 25 out of 718 | 97th |
Major group Apparel And Accessory Stores | 7 out of 160 | 96th |
Industry group Family Clothing Stores | 4 out of 57 | 93rd |
Industry Family Clothing Stores | 4 out of 57 | 93rd |
Source: SEC filing on April 8, 2014.
Balmuth's colleagues
We found four more compensation records of executives who worked with Michael Balmuth at Ross Stores in 2011.