Duluth Holdings CEO Samuel Sato receives $3.4M in 2021
Duluth Holdings reports 2021 executive compensation
By ExecPay News
Published: April 8, 2022
Duluth Holdings reported fiscal year 2021 executive compensation information on April 8, 2022.
In 2021, four executives at Duluth Holdings received on average a compensation package of $1.4M, a 197% increase compared to previous year.
Average pay of disclosed executives at Duluth Holdings
Samuel M. Sato, Chief Executive Officer, received $3.4M in total. 50% of Sato's compensation, or $1.7M, was in stock awards. Sato also received $822K in bonus, $800K in salary, as well as $90K in other compensation.
David Loretta, Chief Financial Officer, received a compensation package of $780K, which increased by 40% compared to previous year. 51% of the compensation package, or $400K, was in salary.
David S. Homolka, Senior Vice President of Talent, DE&I, and Retail Operations, earned $688K in 2021, a 33% increase compared to previous year.
Stephen L. Schlecht, Chief Executive Officer, received $630K in 2021, which increases by 143% compared to 2020.
Duluth Holdings' fiscal year ends on January 29.
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Source: SEC filing on April 8, 2022.