Coach Inc.’s president and executive creative director Reed Krakoff outearned his boss, chairman and chief executive officer Lew Frankfort, by a better than two-to-one margin last year.
In a proxy statement filed on Friday with the Securities and Exchange Commission, Frankfort’s total compensation for the fiscal year ended June 28 was listed as $9.7 million, a 2.4 percent dip from $9.9 million a year ago. But Krakoff, his pay package enriched by a bonus for signing a new contract, earned $22.4 million in total compensation, up from $18 million in 2007.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)