James O’Donnell, chief executive officer of American Eagle Outfitters Inc., took a 68.3 percent cut in total compensation last year, mainly because of a steep drop in his stock and options awards.
According to a regulatory filing with the Securities and Exchange Commission on Monday, O’Donnell’s total annual compensation fell to $3.8 million, from just under $12 million in 2007. His stock and options awards declined 70.8 percent in 2008 to $2.6 million, compared with stock and options totaling $8.8 million in the previous year.
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)