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Article Date: June 2017
Word Count: 1566

Retail Compensation Leaps 22% for Survivors of 2016

In a year when major chains were liquidated in bankruptcy and the profits of public retailers were essentially flat, total compensation increased by a strong double-digit rate for U.S. public sporting goods companies as gains in salary, stock awards and option awards drove the heftier compensation packages. There was also a significant jump in Other compensation, thanks largely to a one-time $9.6 million payment to former Finish Line CEO Glenn Lyons on his departure that was largely the result of accelerated stock awards. Overall, Salary accounted for 24% of the payments, earned bonus accounted for 3%, stock awards 29%, option ... Log in to view full article.


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