Express CEO David Kornberg's 2018 pay jumps 39% to $9M

Express reports 2018 executive compensation

By ExecPay News

Published: May 2, 2019

Express reported fiscal year 2018 executive compensation information on May 2, 2019.
In 2018, six Express executives received on average a compensation package of $2.7M, a 13% increase compared to previous year.
Average pay of disclosed executives at Express
David Kornberg, Chief Executive Officer, received $9M in total, which increased by 39% compared to 2017. 42% of Kornberg's compensation, or $3.8M, was in stock awards. Kornberg also received $4.8K of change in pension value and nonqualified deferred compensation earnings, $536K in non-equity incentive plan, $1M in salary, as well as $3.7M in other compensation.
Matthew Moellering, Chief Executive Officer, received a compensation package of $2.2M, which decreased by 8% compared to previous year. 45% of the compensation package, or $975K, was in stock awards.
James Hilt, Former Executive Vice President, Chief Customer Experience Officer, earned $1.5M in 2018, a 6% decrease compared to previous year.
John J. Rafferty, Executive Vice President, Planning and Allocation, received $1.3M in 2018, which decreases by 11% compared to 2017.
Colin Campbell, Executive Vice President, Sourcing and Production, earned $1.3M in 2018, a 10% decrease compared to previous year.
Periclis Pericleous, Chief Financial Officer, received $1.1M in 2018, which decreases by 4% compared to 2017.
Express' fiscal year ends on January 28.

Related executives

David Kornberg

Express

Chief Executive Officer

Matthew Moellering

Express

Chief Financial Officer

James Hilt

Express

Former Executive Vice President, Chief Customer Experience Officer

John Rafferty

Express

Former Executive Vice President, Planning and Allocation

Colin Campbell

Express

Executive Vice President, Sourcing and Production

Periclis Pericleous

Express

Chief Financial Officer

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Source: SEC filing on May 2, 2019.