Burlington Stores CEO Michael O'Sullivan receives $31M in 2019
Burlington Stores reports 2019 executive compensation
By ExecPay News
Published: April 3, 2020
Burlington Stores reported fiscal year 2019 executive compensation information on April 3, 2020.
In 2019, seven executives at Burlington Stores received on average a compensation package of $7.4M, a 74% increase compared to previous year.
Average pay of disclosed executives at Burlington Stores
Michael O'Sullivan, Chief Executive Officer, received $31M in total. 53% of O'Sullivan's compensation, or $16M, was in stock awards. O'Sullivan also received $14M in option awards, $475K in salary, as well as $294K in other compensation.
Thomas A. Kingsbury, Chairman, received a compensation package of $9.6M, which increased by 2% compared to previous year. 47% of the compensation package, or $4.5M, was in stock awards.
Jennifer Vecchio, President and Chief Merchandising Officer, earned $3.6M in 2019, a 4% increase compared to previous year.
Fred Hand, Chief Customer Officer/Principal, received $2.5M in 2019, which decreases by 24% compared to 2018.
Marc Katz, Chief Financial Officer, earned $2.3M in 2019, a 32% decrease compared to previous year.
John Crimmins, Chief Financial Officer, received $1.2M in 2019.
Joyce Manning Magrini, Executive Vice President - Human Resources, earned $1.2M in 2019, a 25% decrease compared to previous year.
Burlington Stores' fiscal year ends on February 1.
Related executives
Michael O'Sullivan
Burlington Stores
Chief Executive Officer
Thomas Kingsbury
Burlington Stores
Chairman
John Crimmins
Burlington Stores
Chief Financial Officer
Marc Katz
Burlington Stores
Chief Financial Officer
Jennifer Vecchio
Burlington Stores
President and Chief Merchandising Officer
Fred Hand
Burlington Stores
Chief Operating Officer
Joyce Magrini
Burlington Stores
Executive Vice President - Human Resources
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Source: SEC filing on April 3, 2020.