Julian Geiger’s final year as chief executive officer of Aéropostale Inc. paid off handsomely.
Geiger, who retired as ceo at the end of the fiscal year but continues as chairman of the teen specialty retailer, pulled in reported compensation of $13.5 million last year, 87.2 percent above the $7.2 million reported for fiscal 2008. The majority of his pay came from $8.2 million in other compensation paid in cash to replace annual equity awards and increases in retirement benefits.
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)