Lands' End CEO Jerome Griffith's 2019 pay jumps 32% to $5.4M
Lands' End reports 2019 executive compensation
By ExecPay News
Published: March 31, 2020
Lands' End reported fiscal year 2019 executive compensation information on March 31, 2020.
In 2019, five Lands' End executives received on average a compensation package of $2.5M, a 30% increase compared to previous year.
Average pay of disclosed executives at Lands' End
Jerome Griffith, Chief Executive Officer, received $5.4M in total, which increased by 32% compared to 2018. 43% of Griffith's compensation, or $2.3M, was in stock awards. Griffith also received $2.1M in non-equity incentive plan, $1M in salary, as well as $8.6K in other compensation.
For fiscal year 2019, the median employee pay was $28,680 at Lands' End. Therefore, the ratio of Jerome Griffith's pay to the median employee pay was 189 to one.
James Gooch, Chief Financial Officer, received a compensation package of $2.3M, which increased by 21% compared to previous year. 39% of the compensation package, or $888K, was in non-equity incentive plan.
Peter L. Gray, Chief Administrative Officer, earned $1.8M in 2019, a 21% increase compared to previous year.
Chieh Tsai, Chief Product Officer, received $1.5M in 2019, which increases by 66% compared to 2018.
Kelly Ritchie, Senior Vice President, Employee Services, earned $1.3M in 2019, a 22% increase compared to previous year.
Lands' End's fiscal year ends on January 28.
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Source: SEC filing on March 31, 2020.