Big Lots CEO Bruce Thorn's 2021 pay rises 17% to $9M
Big Lots reports 2021 executive compensation
By ExecPay News
Published: April 13, 2022
Big Lots reported fiscal year 2021 executive compensation information on April 13, 2022.
In 2021, five Big Lots executives received on average a compensation package of $3.8M, a 13% increase compared to previous year.
Average pay of disclosed executives at Big Lots
Bruce K. Thorn, Chief Executive Officer, received $9M in total, which increased by 17% compared to 2020. 61% of Thorn's compensation, or $5.5M, was in stock awards. Thorn also received $2M in non-equity incentive plan, $1.2M in salary, as well as $371K in other compensation.
Jonathan E. Ramsden, Executive Vice President, Chief Financial and Administrative Officer, received a compensation package of $3M, which increased by 3% compared to previous year. 52% of the compensation package, or $1.6M, was in stock awards.
Jack A. Pestello, Executive Vice President, Chief Merchandising Officer, earned $2.6M in 2021, a 37% increase compared to previous year.
Michael A. Schlonsky, Chief Human Resources Officer, received $2.2M in 2021, which increases by 1% compared to 2020.
Ronald A. Robins Jr, General Counsel, earned $2.2M in 2021, a 1% increase compared to previous year.
Big Lots' fiscal year ends on January 31.
Related executives
Bruce Thorn
Big Lots
Chief Executive Officer
Jonathan Ramsden
Big Lots
Executive Vice President, Chief Financial and Administrative Officer
Jack Pestello
Big Lots
Executive Vice President, Chief Merchandising Officer
Michael Schlonsky
Big Lots
Chief Human Resources Officer
Ronald Robins
Big Lots
General Counsel
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Source: SEC filing on April 13, 2022.