The 71 highest paid executives at public sporting goods retailers saw their total compensation contract by 8% for those with comparable earnings in both years, to an overall average of $3,288,113 compared to $3,501,402 in 2021. This marks the first decline since 2017 when comparable earnings shrank just 1%. The decrease was mainly driven by lower annual bonuses and slower growth in long-term incentives.

The 16 CEOs in our study fared better than other roles, as their average compensation fell 2% to $6,430,945 from $6,540,228, a reversal of the 61% gain in ... Log in to view full article.