Michael Jeffries, chairman and chief executive officer of Abercrombie & Fitch Co., saw his cash compensation and total pay package go in opposite directions last year.
His cash compensation more than doubled, to $3.8 million from $1.5 million, as his salary remained unchanged at $1.5 million and his cash bonus — nonequity incentive plan compensation — hit $2.3 million based on the teen chain’s strong operating performance last year. He received no bonus for 2009.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)