Victoria's Secret & Co. CEO Martin Waters' 2021 pay jumps 170% to $13M
Victoria's Secret & Co. reports 2021 executive compensation
By ExecPay News
Published: April 14, 2022
Victoria's Secret & Co. reported fiscal year 2021 executive compensation information on April 14, 2022.
In 2021, five executives at Victoria's Secret & Co. received on average a compensation package of $6.3M, a 79% increase compared to previous year.
Average pay of disclosed executives at Victoria's Secret & Co.
Martin Waters, Chief Executive Officer, received $13M in total, which increased by 170% compared to 2020. 50% of Waters' compensation, or $6.5M, was in stock awards. Waters also received $1.6M in bonus, $34K of change in pension value and nonqualified deferred compensation earnings, $3.4M in non-equity incentive plan, $1.3M in salary, as well as $126K in other compensation.
Amy Hauk, Chief Executive Officer, received a compensation package of $6.1M, which increased by 106% compared to previous year. 41% of the compensation package, or $2.5M, was in non-equity incentive plan.
Gregory Unis, Chief Executive Officer, earned $5.6M in 2021, a 101% increase compared to previous year.
Dein Boyle, Chief Operating Officer, received $4.1M in 2021.
Timothy Johnson, Chief Financial Officer, earned $2.7M in 2021.
Victoria's Secret & Co.'s fiscal year ends on January 28.
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Source: SEC filing on April 14, 2022.