10
Apr
Gap Inc. may be between chief executive officers in the mean time, but it surely still has quite just a few top executives on its payrolls.
The struggling retailer, which saw sales fall 6.3 percent to $15.6 billion last yr, laid out its executive compensation in its proxy statement to the Securities and Exchange Commission on Wednesday, detailing just who made what.
As is typical on the upper echelons in retail, the pay packages were heavy on stock and option grants, that are tied to the corporate’s performance and might never materialize for the executives.
Here’s the rundown the corporate’s executive pay last yr:
Interim CEO Bob Martin received total compensation of $8.5 million, including $7.4 million in stock awards.
Former CEO Sonia Syngal, who...
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