By  on April 19, 2010

William Dillard 2nd, chief executive officer of Dillard’s Inc., nearly doubled his reported income in 2009 as the Little Rock, Ark.-based department store group returned to profitability.

Dillard’s reported total compensation grew 96.2 percent last year to $4.9 million from $2.5 million in 2008. His salary remained unchanged at $810,000 and, as in 2008, he received neither a bonus nor option awards. However, his stock awards increased more than ninefold, to $454,000 from $48,000, and, based on Dillard’s profitability, he qualified for $812,000 in nonequity incentive plan compensation, versus zero in 2008, when Dillard’s had a net loss, including $197.9 million in pretax charges, of $241.1 million.

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