Ross Stores CEO Barbara Rentler's 2021 pay slips 9% to $16M
Ross Stores reports 2021 executive compensation
By ExecPay News
Published: April 4, 2022
Ross Stores reported fiscal year 2021 executive compensation information on April 4, 2022.
In 2021, seven executives at Ross Stores received on average a compensation package of $7.7M, a 9% decrease compared to previous year.
Average pay of disclosed executives at Ross Stores
Barbara Rentler, Chief Executive Officer, received $16M in total, which decreased by 9% compared to 2020. 61% of Rentler's compensation, or $9.8M, was in stock awards. Rentler also received $4.7M in non-equity incentive plan, $1.4M in salary, as well as $117K in other compensation.
For fiscal year 2021, the median employee pay was $10,806 at Ross Stores. Therefore, the ratio of Barbara Rentler's pay to the median employee pay was 1,480 to one.
Michael Balmuth, Chairman, received a compensation package of $11M, which decreased by 18% compared to previous year. 37% of the compensation package, or $4.1M, was in stock awards.
Michael Hartshorn, Chief Operating Officer, earned $7.3M in 2021, a 1% decrease compared to previous year.
Adam Orvos, Chief Financial Officer, received $7M in 2021.
Michael Kobayashi, President, Operations and Technology, earned $5.1M in 2021, a 8% increase compared to previous year.
Brian Morrow, President and Chief Merchandising Officer – dd’s DISCOUNTS, received $5M in 2021, which decreases by 6% compared to 2020.
Travis Marquette, Chief Financial Officer, earned $2.2M in 2021, a 9% increase compared to previous year.
Ross Stores' fiscal year ends on January 29.
Related executives
Barbara Rentler
Ross Stores
Chief Executive Officer
Adam Orvos
Ross Stores
Chief Financial Officer
Michael Hartshorn
Ross Stores
Chief Operating Officer
Michael Balmuth
Ross Stores
Chairman
Michael Kobayashi
Ross Stores
President, Operations and Technology
Brian Morrow
Ross Stores
President and Chief Merchandising Officer – dd’s DISCOUNTS
Travis Marquette
Ross Stores
Chief Financial Officer
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Source: SEC filing on April 4, 2022.