1-800-Flowers.com Chairman James McCann's 2021 pay jumps 185% to $7.7M
1-800-Flowers.com reports 2021 executive compensation
By ExecPay News
Published: October 25, 2021
1-800-Flowers.com reported fiscal year 2021 executive compensation information on October 25, 2021.
In 2021, five executives at 1-800-Flowers.com received on average a compensation package of $3.3M, a 63% increase compared to previous year.
Average pay of disclosed executives at 1-800-Flowers.com
James F. McCann, Chairman, received $7.7M in total, which increased by 185% compared to 2020. 74% of McCann's compensation, or $5.7M, was in stock awards. McCann also received $975K in salary and $1M in other compensation.
For fiscal year 2021, the median employee pay was $35,077 at 1-800-Flowers.com. Therefore, the ratio of James F. McCann's pay to the median employee pay was 220 to one.
Christopher G. McCann, Chief Executive Officer, received a compensation package of $3.2M, which decreased by 2% compared to previous year. 44% of the compensation package, or $1.4M, was in non-equity incentive plan.
Thomas Hartnett, President, Consumer Floral & Gifts, earned $2M in 2021, a 9% increase compared to previous year.
William E. Shea, Chief Financial Officer, received $2M in 2021, which increases by 5% compared to 2020.
Steven A. Lightman, President, Gourmet Foods & Gift Baskets, earned $1.5M in 2021, a 17% increase compared to previous year.
1-800-Flowers.com's fiscal year ends on July 3.
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Source: SEC filing on October 25, 2021.