EXEC PAY: Gap Inc. is likely to be between chief executive officers in the mean time, however it still has quite a number of top executives on its payrolls.
The struggling retailer, which saw sales fall 6.3 percent to $15.6 billion last 12 months, 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 12 months:
Interim CEO Bob Martin received total compensation of $8.5 million, including $7.4 million in stock...
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