Rent A Center Inc DE CEO Mitchell Fadel receives $4.9M in 2018
Rent A Center Inc DE reports 2018 executive compensation
By ExecPay News
Published: April 25, 2019
Rent A Center Inc DE reported fiscal year 2018 executive compensation information on April 25, 2019.
In 2018, five executives at Rent A Center Inc DE received on average a compensation package of $1.9M, a 117% increase compared to previous year.
Average pay of disclosed executives at Rent A Center Inc DE
Mitchell E. Fadel, Chief Executive Officer, received $4.9M in total. 44% of Fadel's compensation, or $2.2M, was in stock awards. Fadel also received $1.5M in non-equity incentive plan, $388K in option awards, $800K in salary, as well as $30K in other compensation.
For fiscal year 2018, the median employee pay was $36,828 at Rent A Center Inc DE. Therefore, the ratio of Mitchell E. Fadel's pay to the median employee pay was 132 to one.
Christopher A. Korst, General Counsel, received a compensation package of $1.4M, which increased by 42% compared to previous year. 31% of the compensation package, or $449K, was in non-equity incentive plan.
Fred E. Herman, Executive Vice President -Chief Information Officer, earned $1.1M in 2018, a 50% increase compared to previous year.
Catherine M. Skula, Chief Operating Officer, received $1.1M in 2018.
Maureen B. Short, Chief Financial Officer, earned $1M in 2018, a 37% increase compared to previous year.
Related executives
Mitchell Fadel
Rent A Center Inc DE
Chief Executive Officer
Maureen Short
Rent A Center Inc DE
Chief Financial Officer
Fred Herman
Rent A Center Inc DE
Executive Vice President -Chief Information Officer
Christopher Korst
Rent A Center Inc DE
General Counsel
Catherine Skula
Rent A Center Inc DE
Chief Operating Officer
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Source: SEC filing on April 25, 2019.