Trans World Entertainment CEO Robert Higgins' 2009 pay stays at $1.4M
Trans World Entertainment reports 2009 executive compensation
By ExecPay News
Published: May 19, 2010
Trans World Entertainment reported fiscal year 2009 executive compensation information on May 19, 2010.
In 2009, four executives at Trans World Entertainment received on average a compensation package of $805K, a 5% increase compared to previous year.
Average pay of disclosed executives at Trans World Entertainment
Robert J. Higgins, Chief Executive Officer, received $1.4M in total, which is about the same as previous year. 71% of Higgins' compensation, or $1M, was in salary. Higgins also received $232K in stock awards and $178K in other compensation.
Bruce J. Eisenberg, Executive Vice President Real Estate and Stores, received a compensation package of $605K, which increased by 20% compared to previous year. 59% of the compensation package, or $355K, was in salary.
John J. Sullivan, Chief Financial Officer, earned $605K in 2009, a 18% increase compared to previous year.
James A. Litwak, Chief Operating Officer, received $600K in 2009, which decreases by 7% compared to 2008.
Trans World Entertainment's fiscal year ends on January 28.
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Source: SEC filing on May 19, 2010.