Vera Bradley CEO Robert Wallstrom's 2022 pay rises 13% to $3.1M
Vera Bradley reports 2022 executive compensation
By ExecPay News
Published: April 22, 2022
Vera Bradley reported fiscal year 2022 executive compensation information on April 22, 2022.
In 2022, five executives at Vera Bradley received on average a compensation package of $1.4M, a 18% increase compared to previous year.
Average pay of disclosed executives at Vera Bradley
Robert Wallstrom, Chief Executive Officer, received $3.1M in total, which increased by 13% compared to 2021. 54% of Wallstrom's compensation, or $1.6M, was in stock awards. Wallstrom also received $541K in non-equity incentive plan, $870K in salary, as well as $12K in other compensation.
For fiscal year 2022, the median employee pay was $14,629 at Vera Bradley. Therefore, the ratio of Robert Wallstrom's pay to the median employee pay was 210 to one.
Daren Hull, Brand President, Vera Bradley, received a compensation package of $1.4M, which increased by 35% compared to previous year. 41% of the compensation package, or $565K, was in salary.
John Enwright, Chief Financial Officer, earned $892K in 2022, a 19% increase compared to previous year.
Beatrice Mac Cabe, Chief Creative Officer, Vera Bradley, received $880K in 2022, which increases by 11% compared to 2021.
Mary Beth Trypus, Chief Revenue Officer, Vera Bradley, earned $859K in 2022, a 19% increase compared to previous year.
Vera Bradley's fiscal year ends on January 29.
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Source: SEC filing on April 22, 2022.