Kohl's CEO Michelle Gass' 2018 pay slips 2% to $12M
Kohl's reports 2018 executive compensation
By ExecPay News
Published: March 22, 2019
Kohl's reported fiscal year 2018 executive compensation information on March 22, 2019.
In 2018, six Kohl's executives received on average a compensation package of $8M, a 7% decrease compared to previous year.
Average pay of disclosed executives at Kohl's
Michelle Gass, Chief Executive Officer, received $12M in total, which decreased by 2% compared to 2017. 59% of Gass' compensation, or $7.2M, was in stock awards. Gass also received $3.5M in non-equity incentive plan, $1.4M in salary, as well as $190K in other compensation.
For fiscal year 2018, the median employee pay was $11,070 at Kohl's. Therefore, the ratio of Michelle Gass' pay to the median employee pay was 1,115 to one.
Kevin Mansell, Chief Executive Officer, received a compensation package of $8.9M, which decreased by 21% compared to previous year. 81% of the compensation package, or $7.2M, was in stock awards.
Doug Howe, Chief Merchandising Officer, earned $8.7M in 2018.
Sona Chawla, President, received $7M in 2018, which decreases by 20% compared to 2017.
Greg Revelle, Chief Marketing Officer, earned $6.3M in 2018.
Bruce Besanko, Chief Financial Officer, received $4.6M in 2018, which decreases by 45% compared to 2017.
Kohl's' fiscal year ends on February 1.
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Source: SEC filing on March 22, 2019.