Ross Stores CEO Michael Balmuth's 2009 pay jumps 251% to $11M
Ross Stores reports 2009 executive compensation
By ExecPay News
Published: April 12, 2010
Ross Stores reported fiscal year 2009 executive compensation information on April 12, 2010.
In 2009, six executives at Ross Stores received on average a compensation package of $6.2M, a 128% increase compared to previous year.
Average pay of disclosed executives at Ross Stores
Michael Balmuth, Chief Executive Officer, received $11M in total, which increased by 251% compared to 2008. 67% of Balmuth's compensation, or $7.2M, was in stock awards. Balmuth also received $2.1M in non-equity incentive plan, $1.1M in salary, as well as $280K in other compensation.
Barbara Rentler, President & Chief Merchandising Officer, received a compensation package of $7.5M, which increased by 119% compared to previous year. 72% of the compensation package, or $5.4M, was in stock awards.
Michael O'Sullivan, Chief Operating Officer, earned $6.7M in 2009, a 129% increase compared to previous year.
Lisa Panattoni, Group Executive Vice President, Merchandising, received $5.8M in 2009, which increases by 77% compared to 2008.
James S. Fassio, President & Chief Development Officer, earned $5M in 2009, a 116% increase compared to previous year.
John G. Call, Chief Financial Officer, received $1.4M in 2009, which increases by 10% compared to 2008.
Ross Stores' fiscal year ends on January 29.
Related executives
Lisa Panattoni
Ross Stores
Group Executive Vice President, Merchandising
Michael Balmuth
Ross Stores
Chairman
John Call
Ross Stores
Chief Financial Officer
Barbara Rentler
Ross Stores
Chief Executive Officer
Michael O'Sullivan
Ross Stores
Chief Operating Officer
James Fassio
Ross Stores
President Chief Development Officer
You may also like
Source: SEC filing on April 12, 2010.