Abercrombie & Fitch CEO Michael Jeffries' 2009 pay jumps 57% to $36M
Abercrombie & Fitch reports 2009 executive compensation
By ExecPay News
Published: May 10, 2010
Abercrombie & Fitch reported fiscal year 2009 executive compensation information on May 10, 2010.
In 2009, six executives at Abercrombie & Fitch received on average a compensation package of $7.6M, a 21% increase compared to previous year.
Average pay of disclosed executives at Abercrombie & Fitch
Michael S. Jeffries, Chief Executive Officer, received $36M in total, which increased by 57% compared to 2008. 92% of Jeffries' compensation, or $33M, was in option awards. Jeffries also received $16K of change in pension value and nonqualified deferred compensation earnings, $1.5M in salary, as well as $1.5M in other compensation.
Sourcing Leslee K. Herro, Executive Vice President Planning and Allocation, received a compensation package of $2.5M, which decreased by 46% compared to previous year. 56% of the compensation package, or $1.4M, was in option awards.
Diane Chang, Executive Vice President, earned $2.5M in 2009, a 45% decrease compared to previous year.
Charles F. Kessler, Executive Vice President Female Merchandising, received $2.4M in 2009, which increases by 1% compared to 2008.
David S. Cupps, General Counsel, earned $876K in 2009, a 23% decrease compared to previous year.
Jonathan E. Ramsden, Chief Financial Officer, received $744K in 2009, which decreases by 48% compared to 2008.
Abercrombie & Fitch's fiscal year ends on February 1.
Related executives
Michael Jeffries
Abercrombie & Fitch
Chief Executive Officer
Jonathan Ramsden
Abercrombie & Fitch
Chief Operating Officer
Diane Chang
Abercrombie & Fitch
Executive Vice President
Sourcing Herro
Abercrombie & Fitch
Executive Vice President Planning and Allocation
Charles Kessler
Abercrombie & Fitch
Executive Vice President Female Merchandising
David Cupps
Abercrombie & Fitch
General Counsel
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Source: SEC filing on May 10, 2010.