Deckers Outdoor CEO Dave Powers' 2022 pay jumps 38% to $11M
Deckers Outdoor reports 2022 executive compensation
By ExecPay News
Published: July 25, 2022
Deckers Outdoor reported fiscal year 2022 executive compensation information on July 25, 2022.
In 2022, five executives at Deckers Outdoor received on average a compensation package of $5.3M, a 37% increase compared to previous year.
Average pay of disclosed executives at Deckers Outdoor
Dave Powers, Chief Executive Officer, received $11M in total, which increased by 38% compared to 2021. 74% of Powers' compensation, or $8M, was in stock awards. Powers also received $1.7M in non-equity incentive plan, $1.1M in salary, as well as $54K in other compensation.
For fiscal year 2022, the median employee pay was $43,501 at Deckers Outdoor. Therefore, the ratio of Dave Powers' pay to the median employee pay was 250 to one.
David Lafitte, Chief Operating Officer, received a compensation package of $4.3M, which increased by 54% compared to previous year. 66% of the compensation package, or $2.8M, was in stock awards.
Steven J. Fasching, Chief Financial Officer, earned $3.9M in 2022, a 72% increase compared to previous year.
Stefano Caroti, President of Omni, Channel, received $3.8M in 2022, which increases by 51% compared to 2021.
Wendy Yang, Former President of Performance Lifestyle, earned $3.6M in 2022.
Deckers Outdoor's fiscal year ends on March 31.
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Source: SEC filing on July 25, 2022.