James O’Donnell, American Eagle Outfitters Inc.’s former chief executive officer, saw his total compensation in his final year as ceo rise 56.3 percent to $14.4 million last year. That included salary of $1.7 million, nonequity incentive pay of $1.1 million, stock options valued at $5.7 million, retirement pay of $3.6 million, severance of $1.6 million, as well as $552,500 in consulting fees related to succession.
O’Donnell, who handed the ceo reins to former Levi Strauss & Co. executive Robert Hanson in January, might not realize the full value of his stock awards, given vesting schedules and changes to the company’s stock price.
Roger Markfield, vice chairman and executive creative director, saw his pay rise 3.5 percent to $6.1 million.
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