The 77 highest paid executives at public sporting goods retailers saw their total compensation grow by 29% last year, for those with comparable earnings in both years, to an overall average of $3,520,123 compared to $2,856,036 in 2020. By the end of last year, many retailers recovered from the pandemic and staff returned from furloughs. Executives were rewarded accordingly for bouncing back from a mini-recession and guiding their company’s through supply chain headwinds and worker shortages.
The 15 CEOs in our study saw their average compensation grow 61% to $7,894,478 from $4,898,098, nearly tripling the 17% increase in 2020. Most of ... Log in to view full article.