Best Buy Co. CEO Brian Dunn's 2011 pay falls 51% to $5M
Best Buy Co. reports 2011 executive compensation
By ExecPay News
Published: May 26, 2011
Best Buy Co. reported fiscal year 2011 executive compensation information on May 26, 2011.
In 2011, six executives at Best Buy Co. received on average a compensation package of $2.5M, a 31% decrease compared to previous year.
Average pay of disclosed executives at Best Buy Co.
Brian J. Dunn, Chief Executive Officer, received $5M in total, which decreased by 51% compared to 2010. 64% of Dunn's compensation, or $3.2M, was in option awards. Dunn also received $747K in non-equity incentive plan, $1.1M in salary, as well as $15K in other compensation.
Carol A. Surface, Chief Human Resources Officer, received a compensation package of $3.3M. 37% of the compensation package, or $1.2M, was in stock awards.
James L. Muehlbauer, Chief Financial Officer, earned $2.1M in 2011, a 28% decrease compared to previous year.
Shari L. Ballard, Chief Human Resources Officer, received $1.9M in 2011, which decreases by 36% compared to 2010.
Michael A. Vitelli, Former Executive Vice President and President, U.S, earned $1.8M in 2011, a 24% decrease compared to previous year.
Keith J. Nelsen, General Counsel, received $686K in 2011, which decreases by 23% compared to 2010.
Best Buy Co.'s fiscal year ends on February 1.
Related executives
Carol Surface
Best Buy Co.
Chief Human Resources Officer
Michael Vitelli
Best Buy Co.
Former Executive Vice President and President, U.S
Shari Ballard
Best Buy Co.
President, Multi-Channel Retail Former
Brian Dunn
Best Buy Co.
Chief Executive Officer
James Muehlbauer
Best Buy Co.
Chief Financial Officer
Keith Nelsen
Best Buy Co.
General Counsel
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Source: SEC filing on May 26, 2011.