Ascena Retail Group reports 2018 executive compensation

CEO Gary Muto receives $5.9M

Ascena Retail Group reported fiscal year 2018 executive compensation information on November 1, 2018.

In 2018, five executives at Ascena Retail Group received on average a compensation package of $3,696,935, a 46% increase compared to previous year.

Average pay of disclosed executives at Ascena Retail Group

Gary Muto, Chief Executive Officer, received $5,948,301 in total. 57.92% of Muto's compensation, or $3,445,000, was in stock awards. Muto also received $1,104,000 in non-equity incentive plan, $350,000 in option awards, $1,016,026 in salary, as well as $33,275 in other compensation.

Brian Lynch, President, received a compensation package of $5,907,484, which increased by 144% compared to previous year. 58.32% of the compensation package, or $3,445,000, was in stock awards.

David Jaffe, Chief Executive Officer, earned $3,956,351 in 2018, a 41% decrease compared to previous year.

John Pershing, Chief Human Resources Officer, received $1,414,488 in 2018, which decreases by 7% compared to 2017.

Robb Giammatteo, Chief Financial Officer, earned $1,258,050 in 2018, a 10% increase compared to previous year.

Ascena Retail Group's fiscal year ends on August 3.