Christopher & Banks CEO Keri Jones receives $1.9M in 2018
Christopher & Banks reports 2018 executive compensation
By ExecPay News
Published: May 14, 2019
Christopher & Banks reported fiscal year 2018 executive compensation information on May 14, 2019.
In 2018, nine executives at Christopher & Banks received on average a compensation package of $590K, a 21% increase compared to previous year.
Average pay of disclosed executives at Christopher & Banks
Keri Jones, Chief Executive Officer, received $1.9M in total. 34% of Jones' compensation, or $658K, was in option awards. Jones also received $300K in bonus, $619K in salary, $258K in stock awards, as well as $89K in other compensation.
For fiscal year 2018, the median employee pay was $8,057 at Christopher & Banks. Therefore, the ratio of Keri Jones' pay to the median employee pay was 239 to one.
Michelle Rice, Former Senior Vice President, Chief Stores Officer, received a compensation package of $591K, which increased by 39% compared to previous year. 56% of the compensation package, or $328K, was in other compensation.
Richard Bundy, Chief Financial Officer, earned $524K in 2018.
Patricia Perket, Former Senior Vice President, Merchandising, received $510K in 2018.
Andrea Kellick, Senior Vice President, Chief Merchandising Officer, earned $461K in 2018.
Monica Dahl, Chief Marketing Officer, received $401K in 2018, which decreases by 17% compared to 2017.
Luke Komarek, General Counsel, earned $355K in 2018, a 16% decrease compared to previous year.
Joel Waller, Chief Executive Officer, received $334K in 2018, which decreases by 62% compared to 2017.
Marc Ungerman, Chief Financial Officer, earned $208K in 2018, a 26% decrease compared to previous year.
Christopher & Banks' fiscal year ends on February 1.
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Joel Waller
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Richard Bundy
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Marc Ungerman
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Monica Dahl
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Andrea Kellick
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Source: SEC filing on May 14, 2019.