Buckle CEO Dennis Nelson's 2021 pay jumps 112% to $12M
Buckle reports 2021 executive compensation
By ExecPay News
Published: April 22, 2022
Buckle reported fiscal year 2021 executive compensation information on April 22, 2022.
In 2021, five Buckle executives received on average a compensation package of $4.6M, a 104% increase compared to previous year.
Average pay of disclosed executives at Buckle
Dennis H. Nelson, Chief Executive Officer, received $12M in total, which increased by 112% compared to 2020. 50% of Nelson's compensation, or $6M, was in bonus. Nelson also received $1.2M in salary, $4.7M in stock awards, as well as $156K in other compensation.
For fiscal year 2021, the median employee pay was $7,200 at Buckle. Therefore, the ratio of Dennis H. Nelson's pay to the median employee pay was 1,666 to one.
Kari G. Smith, Executive Vice President of Stores, received a compensation package of $2.9M, which increased by 95% compared to previous year. 53% of the compensation package, or $1.5M, was in bonus.
Brett P. Milkie, Senior Vice President of Leasing, earned $2.7M in 2021, a 94% increase compared to previous year.
Robert M. Carlberg, Senior Vice President of Men's Merchandising, received $2.7M in 2021, which increases by 94% compared to 2020.
Thomas B. Heacock, Chief Financial Officer, earned $2.7M in 2021, a 98% increase compared to previous year.
Buckle's fiscal year ends on January 29.
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Source: SEC filing on April 22, 2022.