Weight Watchers International CEO Mindy Grossman's 2021 pay slips 19% to $5.1M

Weight Watchers International reports 2021 executive compensation

By ExecPay News

Published: April 5, 2022

Weight Watchers International reported fiscal year 2021 executive compensation information on April 5, 2022.
In 2021, six executives at Weight Watchers International received on average a compensation package of $2.4M, a 6% decrease compared to previous year.
Average pay of disclosed executives at Weight Watchers International
Mindy Grossman, Chief Executive Officer, received $5.1M in total, which decreased by 19% compared to 2020. 31% of Grossman's compensation, or $1.6M, was in stock awards. Grossman also received $38K of change in pension value and nonqualified deferred compensation earnings, $545K in non-equity incentive plan, $1.6M in option awards, $1.2M in salary, as well as $196K in other compensation.
For fiscal year 2021, the median employee pay was $8,741 at Weight Watchers International. Therefore, the ratio of Mindy Grossman's pay to the median employee pay was 588 to one.
Nicholas P. Hotchkin, Chief Operating Officer, received a compensation package of $2.4M, which decreased by 15% compared to previous year. 39% of the compensation package, or $928K, was in stock awards.
Gail B. Tifford, Former Chief Brand Officer, earned $2.3M in 2021, a 41% increase compared to previous year.
Michael Lysaght, Chief Digital Officer, received $1.8M in 2021.
Amy O'Keefe, Chief Financial Officer, earned $1.6M in 2021, a 43% increase compared to previous year.
Michael F. Colosi, General Counsel, received $1.4M in 2021, which increases by 5% compared to 2020.

Related executives

Mindy Grossman

Weight Watchers International

Chief Executive Officer

Amy O'Keefe

Weight Watchers International

Chief Financial Officer

Nicholas Hotchkin

Weight Watchers International

Chief Operating Officer

Michael Colosi

Weight Watchers International

General Counsel

Michael Lysaght

Weight Watchers International

Chief Digital Officer

Gail Tifford

Weight Watchers International

Former Chief Brand Officer

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Source: SEC filing on April 5, 2022.