Conns CEO Norman Miller's 2021 pay jumps 234% to $3.5M
Conns reports 2021 executive compensation
By ExecPay News
Published: April 13, 2021
Conns reported fiscal year 2021 executive compensation information on April 13, 2021.
In 2021, five Conns executives received on average a compensation package of $1.6M, a 65% increase compared to previous year.
Average pay of disclosed executives at Conns
Norman L. Miller, Chief Executive Officer, received $3.5M in total, which increased by 234% compared to 2020. 40% of Miller's compensation, or $1.4M, was in stock awards. Miller also received $1.1M in non-equity incentive plan, $942K in salary, as well as $12K in other compensation.
For fiscal year 2021, the median employee pay was $26,264 at Conns. Therefore, the ratio of Norman L. Miller's pay to the median employee pay was 133 to one.
Lee A. Wright, Chief Operating Officer, received a compensation package of $1.6M, which increased by 21% compared to previous year. 38% of the compensation package, or $620K, was in salary.
Rodney D. Lastinger, President, Retail, earned $1.2M in 2021, a 37% increase compared to previous year.
George L. Bchara, Chief Financial Officer, received $1.1M in 2021, which increases by 51% compared to 2020.
Mark L. Prior, General Counsel, earned $770K in 2021.
Conns' fiscal year ends on January 31.
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Source: SEC filing on April 13, 2021.