Ascena Retail Group CEO Gary Muto's 2019 pay falls 46% to $3.2M
Ascena Retail Group reports 2019 executive compensation
By ExecPay News
Published: October 30, 2019
Ascena Retail Group reported fiscal year 2019 executive compensation information on October 30, 2019.
In 2019, seven executives at Ascena Retail Group received on average a compensation package of $1.5M, a 60% decrease compared to previous year.
Average pay of disclosed executives at Ascena Retail Group
Gary Muto, Chief Executive Officer, received $3.2M in total, which decreased by 46% compared to 2018. 32% of Muto's compensation, or $1M, was in salary. Muto also received $193K in non-equity incentive plan, $909K in option awards, $998K in stock awards, as well as $61K in other compensation.
For fiscal year 2019, the median employee pay was $6,828 at Ascena Retail Group. Therefore, the ratio of Gary Muto's pay to the median employee pay was 469 to one.
David Jaffe, Chief Executive Officer, received a compensation package of $2M, which decreased by 50% compared to previous year. 43% of the compensation package, or $838K, was in salary.
Brian Lynch, Chief Operating Officer, earned $2M in 2019, a 67% decrease compared to previous year.
Carrie W. Teffner, Interim Executive Chair of the Board, received $890K in 2019.
Dan Lamadrid, Chief Financial Officer, earned $841K in 2019.
Wendy Hufford, General Counsel, received $788K in 2019.
Robb Giammatteo, Chief Financial Officer, earned $761K in 2019, a 40% decrease compared to previous year.
Ascena Retail Group's fiscal year ends on August 3.
Related executives
Gary Muto
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Carrie Teffner
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Dan Lamadrid
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Wendy Hufford
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David Jaffe
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Robb Giammatteo
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Source: SEC filing on October 30, 2019.