Carter's CEO Michael Casey's 2018 pay slips 5% to $7.3M
Carter's reports 2018 executive compensation
By ExecPay News
Published: April 4, 2019
Carter's reported fiscal year 2018 executive compensation information on April 4, 2019.
In 2018, seven Carter's executives received on average a compensation package of $2.4M, a 17% decrease compared to previous year.
Average pay of disclosed executives at Carter's
Michael D. Casey, Chief Executive Officer, received $7.3M in total, which decreased by 5% compared to 2017. 57% of Casey's compensation, or $4.1M, was in stock awards. Casey also received $498K in non-equity incentive plan, $1.4M in option awards, $1M in salary, as well as $223K in other compensation.
For fiscal year 2018, the median employee pay was $10,096 at Carter's. Therefore, the ratio of Michael D. Casey's pay to the median employee pay was 719 to one.
Brian J. Lynch, President, received a compensation package of $2.2M, which decreased by 10% compared to previous year. 38% of the compensation package, or $825K, was in stock awards.
Richard F. Westenberger, Chief Financial Officer, earned $1.9M in 2018, a 25% increase compared to previous year.
William G. Foglesong, Executive Vice President, Retail and Marketing, received $1.6M in 2018, which increases by 11% compared to 2017.
Kevin D. Corning, Executive Vice President, International, earned $1.3M in 2018, a 9% decrease compared to previous year.
Peter R. Smith, Executive Vice President, Supply Chain, received $1.3M in 2018.
Patrick Q. Moore, Executive Vice President, North America Retail, earned $1.2M in 2018.
Carter's' fiscal year ends on December 28.
Related executives
Michael Casey
Carter's
Chief Executive Officer
Richard Westenberger
Carter's
Chief Financial Officer
Brian Lynch
Carter's
President
William Foglesong
Carter's
Executive Vice President, Retail and Marketing
Kevin Corning
Carter's
Executive Vice President, International
Patrick Moore
Carter's
Executive Vice President, North America Retail
Peter Smith
Carter's
Executive Vice President, Supply Chain
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Source: SEC filing on April 4, 2019.