Columbia Sportswear CEO Timothy Boyle's 2021 pay jumps 284% to $4.8M
Columbia Sportswear reports 2021 executive compensation
By ExecPay News
Published: April 19, 2022
Columbia Sportswear reported fiscal year 2021 executive compensation information on April 19, 2022.
In 2021, three executives at Columbia Sportswear received on average a compensation package of $2.8M, a 114% increase compared to previous year.
Timothy P. Boyle, Chief Executive Officer, received $4.8M in total, which increased by 284% compared to 2020. 46% of Boyle's compensation, or $2.2M, was in non-equity incentive plan. Boyle also received $1.5M in option awards, $1M in salary, as well as $15K in other compensation.
For fiscal year 2021, the median employee pay was $31,397 at Columbia Sportswear. Therefore, the ratio of Timothy P. Boyle's pay to the median employee pay was 151 to one.
Jim A. Swanson, Chief Financial Officer, received a compensation package of $1.9M, which increased by 40% compared to previous year. 37% of the compensation package, or $693K, was in non-equity incentive plan.
Joseph P. Boyle, Executive Vice President, Columbia Brand President, earned $1.7M in 2021.