Trans World Entertainment CEO Robert Higgins' 2011 pay jumps 57% to $2.7M
Trans World Entertainment reports 2011 executive compensation
By ExecPay News
Published: June 8, 2012
Trans World Entertainment reported fiscal year 2011 executive compensation information on June 8, 2012.
In 2011, three executives at Trans World Entertainment received on average a compensation package of $1.5M, a 36% increase compared to previous year.
Average pay of disclosed executives at Trans World Entertainment
Robert J. Higgins, Chief Executive Officer, received $2.7M in total, which increased by 57% compared to 2010. 42% of Higgins' compensation, or $1.1M, was in non-equity incentive plan. Higgins also received $900K in salary, $456K in stock awards, as well as $181K in other compensation.
Michael J. Honeyman, Chief Operating Officer, received a compensation package of $1M, which decreased by 31% compared to previous year. 48% of the compensation package, or $495K, was in non-equity incentive plan.
Bruce J. Eisenberg, Executive Vice President - Real Estate and Stores, earned $795K in 2011, a 7% increase compared to previous year.
Trans World Entertainment's fiscal year ends on January 28.
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Source: SEC filing on June 8, 2012.