By  on May 28, 2014

The first year of a new three-year employment contract produced a more than 60 percent increase in the total compensation for Guess Inc. chief executive officer Paul Marciano despite a reduction in the cash component of his pay package.

According to the definitive proxy filed by Guess with the Securities and Exchange Commission on Wednesday, Marciano’s total compensation came to $14.1 million, 60.7 percent above the $8.8 million reported for 2012.

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