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.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"