Trans World Entertainment CEO Robert Higgins' 2007 pay falls 35% to $1.8M
Trans World Entertainment reports 2007 executive compensation
By ExecPay News
Published: June 3, 2008
Trans World Entertainment reported fiscal year 2007 executive compensation information on June 3, 2008.
In 2007, four executives at Trans World Entertainment received on average a compensation package of $960K, a 18% decrease compared to previous year.
Average pay of disclosed executives at Trans World Entertainment
Robert J. Higgins, Chief Executive Officer, received $1.8M in total, which decreased by 35% compared to 2006. 68% of Higgins' compensation, or $1.3M, was in salary. Higgins also received $314K of change in pension value and nonqualified deferred compensation earnings, $50K in stock awards, as well as $212K in other compensation.
James A. Litwak, Chief Operating Officer, received a compensation package of $776K, which decreased by 1% compared to previous year. 58% of the compensation package, or $450K, was in salary.
John J. Sullivan, Chief Financial Officer, earned $650K in 2007, a 16% increase compared to previous year.
Bruce J. Eisenberg, Executive Vice President Real Estate, received $587K in 2007, which increases by 14% compared to 2006.
Trans World Entertainment's fiscal year ends on January 28.
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Source: SEC filing on June 3, 2008.