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Taking stock: Retail execs feel economic pinch
Staff -- Home Textiles Today, 5/14/2001 12:00:00 AM
Retailers
(dollar amounts in thousands)
| Name, Title | Company | Total cash stock options exercised | Year-over-year % CHG in total comp. | Salary 2000 | Bonus 2000 | Long-term incentive plan | Total cash compensation | Total cash 3-yr. % CHG. 1998-20001998-2000 | Value of stock options exercised |
| NA: Not included in last year's ranking 1. Incentive payment. 2. Chairman of BJ's as well as chairman. president and ceo of BJ's sister company, HomeBase. 3. Promoted to president in March 2001. 4. Since May 1, 1998. 5. Joined company Aug. 1, 1999. 6. Joined the company Sept. 13, 2000. 7. Resigned Dec. 5, 2000. 8. Retired from the company Sept. 30, 2000. 9. Resigned Jan. 5, 2001. 10. Resigned April 6, 2001. 11. Joined company Dec. 1, 1998. 12. Named president and ceo Dec. 5, 2000. 13. Resigned Mar. 2, 2000. 14. Excludes $544,875 in salary continuation connected with his resignation. |
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| William S. Kellogg, chairman | Kohl's | $34,906 | -9.7% | $1,291 | $432 | $0 | $1,723 | 16.2% | $33,183 |
| Leonard Feinstein, co-chairman and co-ceo | Bed Bath Beyond | 19,969 | 2,562.5 | 750 | 0 | 0 | 750 | 0 | 19,219 |
| Warren Eisenberg, co-chairman and co-ceo | Bed Bath Beyond | 19,858 | 2,547.7 | 750 | 0 | 0 | 750 | 0 | 19,108 |
| Bernard Cammarata, chairman | TJX | 18,546 | 93.3 | 569 | 0 | 1,071 | 1,641 | -51.4 | 16,905 |
| Arthur Stark, senior vp, chief merchandising officer | Bed Bath Beyond | 11,670 | 3,234.3 | 392 | 0 | 0 | 392 | 28.9 | 11,278 |
| David D. Glass, chairman of the boards executive committee | Wal-Mart | 10,483 | 9.2 | 1,122 | 1,778(1) | 0 | 2,900 | -18.8 | 7,583 |
| John Nugent, president and ceo | BJ's | 9,948 | NA | 663 | 404 | 455 | 1,521 | 15.3 | 8,428 |
| Charles Conaway, chairman and ceo | Kmart | 9,031 | NA | 943 | 8,088 | 0 | 9,031 | 0 | |
| Steven H. Temares, president and coo | Bed Bath & Beyond | 8,084 | 230.8 | 633 | 0 | 0 | 633 | 65.3 | 7,451 |
| Norman Axelrod, chairman and ceo | Linens 'N Things | 7,981 | 12.0 | 716 | 360 | 741 | 1,817 | 44.6 | 6,164 |
| Herbert Zarkin,(2) chairman | BJ's | 6,249 | NA | 357 | 217 | 0 | 574 | -30.7 | 5,675 |
| Robert J. Ulrich, chairman and ceo | Target | 5,950 | -55.4 | 1,243 | 2,500 | 0 | 3,743 | -24.8 | 2,207 |
| Richard G. Lesser, executive vp, chairman, Marmaxx Group | TJX | 3,953 | -22.6 | 1,000 | 482 | 631 | 2,113 | -26.2 | 1,839 |
| Arthur C. Martinez, former chairman, president and ceo | Sears, Roebuck and Co. | 3,550 | -7.9 | 1,200 | 2,350 | 0 | 3,550 | 66.7 | 0 |
| R. Lawrence Montgomery, ceo | Kohl's | 3,142 | 27.6 | 846 | 285 | 0 | 1,131 | 61.8 | 2,011 |
| Gregg W. Steinhafel, president, Target Stores | Target | 2,985 | -17.7 | 831 | 543 | 0 | 1,374 | -18.7 | 1,612 |
| Richard Leto, executive vp and gmm | Kohl's | 2,956 | NA | 493 | 165 | 0 | 658 | 22 | 2,297 |
| H. Lee Scott Jr., president and ceo | Wal-Mart | 2,742 | -49.5 | 992 | 1,750(1) | 0 | 2,742 | 52.8 | 0 |
| Arlene Meier, coo | Kohl's | $2,571 | NA | $473 | $198 | $0 | $671 | 60.1% | $1,900 |
| John W. Irvin, president and ceo | Spiegel | 2,544 | 128.4% | 550 | 1,169 | 825 | 2,544 | 124.9 | 0 |
| Steven B. Silverstein,(3) president | Linens 'N Things | 2,474 | 61.1 | 366 | 131 | 324 | 821 | 52.4 | 1,653 |
| Kenneth B. Woodrow, retired vice chairman | Target | 2,463 | -46.4 | 685 | 301 | 0 | 986 | -45.2 | 1,477 |
| Kevin B. Mansell, president | Kohl's | 2,238 | 200.4 | 643 | 218 | 0 | 861 | 57.2 | 1,376 |
| Eugene S. Kahn,(4) president and ceo | May Dept. Stores | 2,092 | -15.3 | 1,288 | 312 | 493 | 2,092 | -14.9 | 0 |
| Thomas M. Coughlin, executive vp, president and ceo, Wal-Mart stores division | Wal-Mart | 2,087 | -27.3 | 797 | 1,120(1) | 0 | 1,917 | 15.2 | 170 |
| Richard T. Fersch, president and ceo, Eddie Bauer | Spiegel | 1,875 | -1.8 | 1,000 | 500 | 375 | 1,875 | 150 | 0 |
| Jerome T. Loeb, chairman | May Dept. Stores | 1,783 | -21.8 | 1,076 | 212 | 335 | 1,623 | -20.2 | 161 |
| Linda Ahlers, president, Marshall Fields | Target | 1,782 | NA | 704 | 173 | 905 | 1,782 | 46.2 | 0 |
| V.J. Castagna,(5) executive vp and coo, JCPenney stores, merchandising and catalog | J.C.Penney | 1,762 | 35.2 | 625 | 1,137 | 0 | 1,762 | 0 | |
| Alan Questrom,(6) chairman and ceo | J.C.Penney | 1,731 | NA | 481 | 1,250 | 0 | 1,731 | 0 | |
| George D. Ittner, president and ceo, Newport News | Spiegel | 1,730 | 103.1 | 448 | 606 | 675 | 1,730 | 50.8 | 0 |
| James M. Zimmerman, chairman and ceo | Federated Dept. Stores | 1,425 | -83.4 | 1,250 | 0 | 175 | 1,425 | -52.9 | 0 |
| Melissa Payner, president and ceo, Spiegel catalog | Spiegel | 1,421 | NA | 400 | 421 | 600 | 1,421 | 152.6 | 0 |
| Edmond J. English, president and ceo | TJX | 1,343 | 21.6 | 768 | 370 | 204 | 1,343 | 110.3 | 0 |
| Rakesh K. Kaul,(7) president and ceo | Hanover Direct | 1,307 | -11.9 | 563 | 745 | 0 | 1,307 | 81.1 | 0 |
| Mark A. Cohen, president, softlines chief marketing officer | Sears, Roebuck and Co. | 1,282 | -6.5 | 550 | 732 | 0 | 1,282 | 0 | |
| James E. Oesterreicher,(8) chairman and ceo | J.C.Penney | 1,201 | 6.0 | 704 | 497 | 0 | 1,201 | 13.1 | 0 |
| Thomas R. Grimm, executive vp and president and ceo, Sam's Clubs | Wal-Mart | 1,199 | 35.5 | 590 | 608(1) | 0 | 1,199 | 322.6 | 0 |
| Terry J. Lundgren, president and chief merchandising officer | Federated Dept. Stores | 1,180 | -56.3 | 1,083 | 0 | 97 | 1,180 | -44.5 | 0 |
| Judith Hofer, ceo, May Merchandising Company | May Dept. Stores | 1,014 | NA | 725 | 109 | 180 | 1,014 | 0 | |
| Floyd Hall, former chairman, president and ceo | Kmart | 1,005 | -62.5 | 519 | 487 | 0 | 1,005 | -62.5 | 0 |
| Carol Meyrowitz, executive vp, president, Marmaxx group | TJX | 913 | NA | 525 | 179 | 209 | 913 | 0 | |
| A.A. Giancamilli, former president and coo | Kmart | 756 | -36.4 | 756 | 0 | 0 | 756 | -35.6 | 0 |
| William Dillard II, ceo | Dillard's | 710 | -64.8 | 710 | 0 | 0 | 710 | -45.4 | 0 |
| Laura Sen, executive vp, merchandising | BJ's | 686 | NA | 280 | 102 | 303 | 686 | 27.4 | 0 |
| Alex Dillard, president | Dillard's | $620 | -67.8% | $620 | $0 | $0 | $620 | -48.8% | $0 |
| Richard B. Hoffman,(9) senior vp and coo | Hanover Direct | 593 | -6.2 | 296 | 297 | 0 | 593 | 135.9 | 0 |
| Scott Richards, executive vp, merchandising | HomeBase | 575 | NA | 275 | 0 | 300 | 575 | 65 | 0 |
| Michael Lutz,(10) executive vp and coo | Hanover Direct | 546 | 3.2 | 322 | 224 | 0 | 546 | 68.1 | 0 |
| Mike Dillard, executive vp | Dillard's | 540 | -67.8 | 540 | 0 | 0 | 540 | -35.7 | 0 |
| Drue Corbusier, executive vp | Dillard's | 500 | -59.2 | 500 | 0 | 0 | 500 | -33.3 | 0 |
| M. Bozic,(11) former vice chairman | Kmart | 500 | -51.1 | 500 | 0 | 0 | 500 | 163.2 | 0 |
| Larry G. Kirk, chairman and ceo | Hancock Fabrics | 458 | 55.3 | 264 | 194 | 0 | 458 | 55 | 0 |
| Jack W. Busby, Jr., president and coo | Hancock Fabrics | 356 | 55.5 | 206 | 150 | 0 | 356 | 55.9 | 0 |
| Herbert Zarkin,(2) chairman, president and ceo | HomeBase | 350 | NA | 350 | 0 | 0 | 350 | -46.1 | 0 |
| Thomas C. Shull,(12) president and ceo | Hanover Direct | 75 | NA | 75 | 0 | 0 | 75 | — | 0 |
| Allan Sherman,(13) former president and ceo | HomeBase | 69(14) | NA | 69(14) | 0 | 0 | 69(14) | -93.1 | 0 |
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