Trans World Entertainment CEO Robert Higgins' 2008 pay falls 22% to $1.4M
Trans World Entertainment reports 2008 executive compensation
By ExecPay News
Published: May 20, 2009
Trans World Entertainment reported fiscal year 2008 executive compensation information on May 20, 2009.
In 2008, four executives at Trans World Entertainment received on average a compensation package of $770K, a 20% decrease compared to previous year.
Average pay of disclosed executives at Trans World Entertainment
Robert J. Higgins, Chief Executive Officer, received $1.4M in total, which decreased by 22% compared to 2007. 87% of Higgins' compensation, or $1.2M, was in salary. Higgins also received $185K in other compensation.
James A. Litwak, Chief Operating Officer, received a compensation package of $645K, which decreased by 17% compared to previous year. 70% of the compensation package, or $450K, was in salary.
John J. Sullivan, Chief Financial Officer, earned $515K in 2008, a 21% decrease compared to previous year.
Bruce J. Eisenberg, Executive Vice President Real Estate, received $505K in 2008, which decreases by 14% compared to 2007.
Trans World Entertainment's fiscal year ends on January 28.
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Source: SEC filing on May 20, 2009.