Kohl's CEO Michelle Gass' 2019 pay falls 27% to $9M
Kohl's reports 2019 executive compensation
By ExecPay News
Published: March 26, 2020
Kohl's reported fiscal year 2019 executive compensation information on March 26, 2020.
In 2019, seven Kohl's executives received on average a compensation package of $5.3M, a 34% decrease compared to previous year.
Average pay of disclosed executives at Kohl's
Michelle Gass, Chief Executive Officer, received $9M in total, which decreased by 27% compared to 2018. 81% of Gass' compensation, or $7.3M, was in stock awards. Gass also received $1.4M in salary and $307K in other compensation.
For fiscal year 2019, the median employee pay was $9,738 at Kohl's. Therefore, the ratio of Michelle Gass' pay to the median employee pay was 923 to one.
Bruce Besanko, Chief Financial Officer, received a compensation package of $7.1M, which increased by 55% compared to previous year. 62% of the compensation package, or $4.5M, was in other compensation.
Paul Gaffney, Chief Technology Officer, earned $5.6M in 2019.
Sona Chawla, Former President, received $5.2M in 2019, which decreases by 26% compared to 2018.
Jill Timm, Chief Financial Officer, earned $4.4M in 2019.
Doug Howe, Chief Merchandising Officer, received $3.1M in 2019, which decreases by 65% compared to 2018.
Marc Chini, Chief People Officer, earned $2.6M in 2019.
Kohl's' fiscal year ends on February 1.
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Source: SEC filing on March 26, 2020.