V.F. CEO Steven Rendle's 2021 pay slips 5% to $16M

V.F. reports 2021 executive compensation

By ExecPay News

Published: June 11, 2021

V.F. reported fiscal year 2021 executive compensation information on June 11, 2021.
In 2021, five V.F. executives received on average a compensation package of $6.6M, a 1% decrease compared to previous year.
Average pay of disclosed executives at V.F.
Steven E. Rendle, Chief Executive Officer, received $16M in total, which decreased by 5% compared to 2020. 37% of Rendle's compensation, or $5.9M, was in stock awards. Rendle also received $900K of change in pension value and nonqualified deferred compensation earnings, $2.9M in non-equity incentive plan, $4.6M in option awards, $1.1M in salary, as well as $343K in other compensation.
Scott A. Roe, Chief Financial Officer, received a compensation package of $5.4M, which decreased by 11% compared to previous year. 30% of the compensation package, or $1.6M, was in stock awards.
Kevin D. Bailey, Executive Vice President and Group President, APAC & Emerging Brands, earned $4.2M in 2021, a 5% increase compared to previous year.
Martino Scabbia Guerrini, Executive Vice President and Group President, EMEA, received $3.9M in 2021, which increases by 17% compared to 2020.
Stephen M. Murray, Global Brand President, The North Face, earned $3.5M in 2021, a 12% increase compared to previous year.
V.F.'s fiscal year ends on April 3.

Related executives

Steven Rendle

V.F.

Chief Executive Officer

Scott Roe

V.F.

Chief Financial Officer

Kevin Bailey

V.F.

Executive Vice President and Group President, APAC & Emerging Brands

Martino Guerrini

V.F.

Executive Vice President and Group President, EMEA

Stephen Murray

V.F.

Global Brand President, The North Face

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Source: SEC filing on June 11, 2021.