Ralph Lauren is going to have to work harder for his bonus and restricted stock options next year.
In a regulatory filing with the Securities and Exchange Commission, Polo Ralph Lauren Corp. said that its chairman and chief executive officer, starting in fiscal 2009, will be entitled to a bonus “only if 80 percent, rather than 50 percent, of the performance target had been achieved.” The filing said the changes put Lauren’s compensation arrangements in line with those of “other members of senior management.”
"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)