Trans World Entertainment Chairman Robert Higgins' 2012 pay jumps 78% to $4.8M
Trans World Entertainment reports 2012 executive compensation
By ExecPay News
Published: May 31, 2013
Trans World Entertainment reported fiscal year 2012 executive compensation information on May 31, 2013.
In 2012, four executives at Trans World Entertainment received on average a compensation package of $2.3M, a 56% increase compared to previous year.
Average pay of disclosed executives at Trans World Entertainment
Robert J. Higgins, Chairman, received $4.8M in total, which increased by 78% compared to 2011. 58% of Higgins' compensation, or $2.8M, was in non-equity incentive plan. Higgins also received $1M of change in pension value and nonqualified deferred compensation earnings, $800K in salary, as well as $183K in other compensation.
Bruce J. Eisenberg, Executive Vice President Real Estate and Stores, received a compensation package of $2.5M, which increased by 209% compared to previous year. 43% of the compensation package, or $1.1M, was of change in pension value and nonqualified deferred compensation earnings.
Michael J. Honeyman, Chief Operating Officer, earned $1.9M in 2012, a 79% increase compared to previous year.
John N. Anderson, Chief Financial Officer, received $300K in 2012.
Trans World Entertainment's fiscal year ends on January 28.
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Source: SEC filing on May 31, 2013.