Best Buy Co. CEO Brian Dunn's 2012 pay jumps 63% to $8.2M
Best Buy Co. reports 2012 executive compensation
By ExecPay News
Published: May 9, 2012
Best Buy Co. reported fiscal year 2012 executive compensation information on May 9, 2012.
In 2012, six executives at Best Buy Co. received on average a compensation package of $3.9M, a 57% increase compared to previous year.
Average pay of disclosed executives at Best Buy Co.
Brian J. Dunn, Chief Executive Officer, received $8.2M in total, which increased by 63% compared to 2011. 44% of Dunn's compensation, or $3.6M, was in stock awards. Dunn also received $1.1M in non-equity incentive plan, $2.3M in option awards, $1.1M in salary, as well as $56K in other compensation.
James L. Muehlbauer, Chief Financial Officer, received a compensation package of $4M, which increased by 87% compared to previous year. 52% of the compensation package, or $2.1M, was in stock awards.
Shari L. Ballard, Chief Human Resources Officer, earned $3.8M in 2012, a 104% increase compared to previous year.
Michael A. Vitelli, Former Executive Vice President and President, U.S, received $3.8M in 2012, which increases by 105% compared to 2011.
Carol A. Surface, Chief Human Resources Officer, earned $2.2M in 2012, a 32% decrease compared to previous year.
Keith J. Nelsen, General Counsel, received $1.3M in 2012, which increases by 92% compared to 2011.
Best Buy Co.'s fiscal year ends on February 1.
Related executives
Michael Vitelli
Best Buy Co.
Former Executive Vice President and President, U.S
Shari Ballard
Best Buy Co.
President, Multi-Channel Retail Former
Keith Nelsen
Best Buy Co.
General Counsel
Brian Dunn
Best Buy Co.
Chief Executive Officer
James Muehlbauer
Best Buy Co.
Chief Financial Officer
Carol Surface
Best Buy Co.
Chief Human Resources Officer
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Source: SEC filing on May 9, 2012.