Gap Inc.’s chairman and chief executive officer, Glenn Murphy, received a 63.3 percent jump in total compensation in 2011 from the year before.
The ceo, who joined the firm in August of 2007, last year received total compensation of $9.7 million. That includes a base salary of $1.5 million, stock awards totaling $3.1 million and option awards of $3.1 million. His bonus was $1.7 million.
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)