Ollie's Bargain Outlet Holdings CEO John Swygert's 2021 pay jumps 88% to $4.3M

Ollie's Bargain Outlet Holdings reports 2021 executive compensation

By ExecPay News

Published: May 5, 2022

Ollie's Bargain Outlet Holdings reported fiscal year 2021 executive compensation information on May 5, 2022.

In 2021, five executives at Ollie's Bargain Outlet Holdings received on average a compensation package of $1.5M, a 21% increase compared to previous year.

Average pay of disclosed executives at Ollie's Bargain Outlet Holdings

John Swygert, Chief Executive Officer, received $4.3M in total, which increased by 88% compared to 2020. 38% of Swygert's compensation, or $1.6M, was in option awards. Swygert also received $173K in non-equity incentive plan, $865K in salary, $1.6M in stock awards, as well as $14K in other compensation.

For fiscal year 2021, the median employee pay was $19,315 at Ollie's Bargain Outlet Holdings. Therefore, the ratio of John Swygert's pay to the median employee pay was 220 to one.

Eric van der Valk, Chief Operating Officer, received a compensation package of $999K. 30% of the compensation package, or $300K, was in option awards.

Jay Stasz, Chief Financial Officer, earned $909K in 2021, a 22% decrease compared to previous year.

Kevin McLain, Senior Vice President, General Merchandise Manager, received $765K in 2021, which decreases by 15% compared to 2020.

Larry Kraus, Vice President, Chief Information Officer, earned $585K in 2021, a 9% decrease compared to previous year.

Ollie's Bargain Outlet Holdings' fiscal year ends on January 29.