Michael Balmuth

2021

In 2021, Michael Balmuth earned a total compensation of $11.1M as Strategic Advisor Former Chairman of the Board and Senior Advisor at Ross Stores, a 18% decrease compared to previous year.

Compensation breakdown

Bonus$2,140,000
Non-Equity Incentive Plan$3,417,236
Salary$1,372,196
Stock Awards$4,100,097
Other$111,176
Total$11,140,705

Balmuth received $4.1M in stock awards, accounting for 37% of the total pay in 2021.

Balmuth also received $2.1M in bonus, $3.4M in non-equity incentive plan, $1.4M in salary and $111.2K in other compensation.

Rankings

In 2021, Michael Balmuth's compensation ranked 871st out of 12,397 executives tracked by ExecPay. In other words, Balmuth earned more than 93.0% of executives.

ClassificationRankingPercentile
All
871
out of 12,397
93rd
Division
Retail Trade
48
out of 680
93rd
Major group
Apparel And Accessory Stores
10
out of 105
91st
Industry group
Family Clothing Stores
5
out of 39
87th
Industry
Family Clothing Stores
5
out of 39
87th

Pay ratio

Michael Balmuth's Pay$11,140,705
Median Employee's Pay$10,806
Pay Ratio

1,031

to 1

In 2021, the annual total compensation of Michael Balmuth was $11,140,705.

The annual total compensation of the median employee at Ross Stores was $10,806.

The ratio of Michael Balmuth's pay to the pay of median employee was therefore 1,031 to one.

Source: SEC filing on April 4, 2022.

Balmuth's colleagues

We found six more compensation records of executives who worked with Michael Balmuth at Ross Stores in 2021.

2021

Barbara Rentler

Ross Stores

Chief Executive Officer

2021

Michael Hartshorn

Ross Stores

Chief Operating Officer

2021

Adam Orvos

Ross Stores

Chief Financial Officer

2021

Michael Kobayashi

Ross Stores

President, Operations and Technology

2021

Brian Morrow

Ross Stores

President and Chief Merchandising Officer – dd’s DISCOUNTS

2021

Travis Marquette

Ross Stores

Chief Financial Officer

News

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