Nordstrom Chief Digital Officer and President, Nordstrom.com Kenneth Worzel's 2018 pay jumps 93% to $6M

Nordstrom reports 2018 executive compensation

By ExecPay News

Published: April 12, 2019

Nordstrom reported fiscal year 2018 executive compensation information on April 12, 2019.
In 2018, six Nordstrom executives received on average a compensation package of $4.7M, a 9% increase compared to previous year.
Average pay of disclosed executives at Nordstrom
Kenneth J. Worzel, Chief Digital Officer and President, Nordstrom.com, received $6M in total, which increased by 93% compared to 2017. 60% of Worzel's compensation, or $3.6M, was in stock awards. Worzel also received $754K of change in pension value and nonqualified deferred compensation earnings, $835K in non-equity incentive plan, $787K in salary, as well as $46K in other compensation.
Anne L. Bramman, Chief Financial Officer, received a compensation package of $5.2M, which increased by 158% compared to previous year. 69% of the compensation package, or $3.6M, was in stock awards.
Blake W. Nordstrom, Former Co, President, earned $4.5M in 2018, a 21% decrease compared to previous year.
Erik B. Nordstrom, Co, President, received $4.5M in 2018, which decreases by 21% compared to 2017.
Peter E. Nordstrom, Co, President, earned $4.4M in 2018, a 22% decrease compared to previous year.
Christine F. Deputy, Chief Human Resources Officer, received $3.7M in 2018.
Nordstrom's fiscal year ends on January 30.

Related executives

Erik Nordstrom

Nordstrom

Chief Executive Officer

Anne Bramman

Nordstrom

Chief Financial Officer

Peter Nordstrom

Nordstrom

President and Chief Brand Officer

Kenneth Worzel

Nordstrom

Chief Operating Officer

Christine Deputy

Nordstrom

Chief Human Resources Officer

Blake Nordstrom

Nordstrom

Former Co, President

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Source: SEC filing on April 12, 2019.