Limited Brands Inc.’s chief executive, Leslie H. Wexner’s base salary is being frozen at its current level this year after a 10.4 percent increase in total compensation last year, while his counterpart at Gap Inc., Glenn Murphy, is taking a 15 percent pay cut.
These were among the disclosures regarding executive pay Wednesday as Limited filed its preliminary proxy with the Securities and Exchange Commission and Gap said it was cutting the size of the board to 10 members from 13 and reducing the retainers and compensation of the surviving members by 15 percent.
"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)
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