Kay Krill, chief executive officer and president of Ann Inc., saw her total pay rise 17.6 percent to $12.7 million last year.
The biggest chunk of Krill’s compensation came in the form of cash incentive pay, which totaled $6.7 million. She also received stock and option awards that were valued at a total of $4.5 million, although she might not realize that amount, given vesting schedules and stock price fluctuations.
Also seeing their pay rise at Ann in 2012 were Brian Lynch, brand president of the Ann Taylor division, whose total compensation rose 45.8 percent to $6.4 million, and Gary Muto, brand president of the Loft division, whose compensation rose 55.2 percent to $6.2 million.
Sears Holding Corp. also weighed in with its executive compensation for the year, which public companies report to the Securities and Exchange Commission ahead of their annual meetings.
And Louis D’Ambrosio, former chief executive officer and president, saw his pay drop 86.9 percent to $1.3 million. This change was mostly attributable to the lack of any stock awards for the former ceo last year. In 2011, he received stock valued at $8 million.
D’Ambrosio was replaced this fiscal year by Edward S. Lampert, who controls the majority of the retailer’s stock and is taking a salary of $1.
Assouline is paying homage to the late Azzedine Alaïa with a reprint of "Alaïa Livre de Collection.” The book is comprised of photographs of the designer's summer 1992 runway show with models Christy Turlington Burns, Naomi Campbell and Tyra Banks, pictured here at right. #wwdfashion #alaia #tyrabanks
Fall 2018 accessories take on a painterly hue, with Nebulas Blue among Pantone’s top 10 colors of the season. (📸: @jonghyupstudio ; editor: @twallz21 ; stylist and set designer: @haideefindlaylevin ) #wwdaccessories
@americanapparelusa is relaunching the brand outside of the U.S. today, opening its online store to more than 200 countries. The company is also contemplating a return to brick-and-mortar, though details have not been confirmed. In tandem with the expanded distribution is a recasting of a social media ad campagn, called “Back to Basics,” pictured here, with a focus on diversity and a cast of models above the age of 21. Read more on WWD.com #wwdnews #wwdfashion
Exclusive: @britneyspears is continuing to expand her brand. The pop icon, who appears in @kenzo ’s latest campaign, is partnering with Epic Rights to launch a line of branded merchandise. Read @hernameislex ‘s story, link in bio. #wwdnews #britneyspears
The Duchess of Cambridge channeled Princess Diana’s look upon giving birth to Prince Harry, when she and the Duke of Cambridge departed the hospital with the new baby Prince this afternoon in London. #wwdeye #princeofcambridge
The new Prince of Cambridge has arrived! The Duke and Duchess of Cambridge posed with the 8-pound newborn. She wore a look from one of her go-to designers, @jennypackham. Tap link in bio for more. #wwdeye #princeofcambridge
Jewelry label @alisonlou has made a name for itself with fine jewelry that speaks to the Millennial market. Now @twallz21 reports that the label is bringing those playful ideas to a new affordable line of lucite hoops with the launch of Loucite by Alison Lou. Here’s a look from the line modeled by @emrata. #wwdaccessories
@sarahjessicaparker and @gilt are teaming up on a bridal ready-to-wear line. Tomorrow, Parker will launch SJP by Sarah Jessica Parker Bridal — and as part of the launch, Gilt will offer 15 exclusive styles from the SJP by Sarah Jessica Parker footwear collection that were designed to complement the new line. Made out of 10 styles, the line is designed for a variety of occasions, from bridal showers to receptions. Get more details on WWD.com #wwdfashion