Ross Stores CEO Michael Balmuth's 2011 pay rises 3% to $12M
Ross Stores reports 2011 executive compensation
By ExecPay News
Published: April 8, 2014
Ross Stores reported fiscal year 2011 executive compensation information on April 8, 2014.
In 2011, five executives at Ross Stores received on average a compensation package of $5.1M, a 14% increase compared to previous year.
Average pay of disclosed executives at Ross Stores
Michael Balmuth, Chief Executive Officer, received $12M in total, which increased by 3% compared to 2010. 71% of Balmuth's compensation, or $8.5M, was in stock awards. Balmuth also received $2.2M in non-equity incentive plan, $1.2M in salary, as well as $100K in other compensation.
Barbara Rentler, President Chief Merchandising Officer, received a compensation package of $4.4M, which increased by 30% compared to previous year. 41% of the compensation package, or $1.8M, was in stock awards.
Michael O'Sullivan, Chief Operating Officer, earned $3.9M in 2011, a 29% increase compared to previous year.
James S. Fassio, President Chief Development Officer, received $3.6M in 2011, which increases by 27% compared to 2010.
John G. Call, Chief Financial Officer, earned $1.5M in 2011, a 7% increase compared to previous year.
Ross Stores' fiscal year ends on January 29.
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Source: SEC filing on April 8, 2014.