October 06, 2017
Total compensation of the top 121 executives of public sporting goods companies was $376,187,029 in 2016, with comparable pay for those execs in their position at least a year gaining 5% following a decline of 28% in 2015.
Three months after Mark DeYoung’s abrupt departure from VSTO’s helm, its board named the former president and CEO of Arctic Cat as his replacement.
Deposed Louisville coach Rick Pitino pocketed $1.5 million of the yearly payments while the school’s athletic department got $25,000, according to the Louisville Courier-Journal.
The retailer’s $140 million credit line with Wells Fargo remains intact with the current expiration date of Dec. 19, 2017 extended to Sep. 29, 2022.