SADOVE’S SAKS YIELD: Stephen I. Sadove, chief executive officer of Saks Inc., saw his total compensation fall 2.8 percent last year to $7.1 million. His take included salary of $1 million, nonequity incentives of $3.4 million, stock awards valued at $2.6 million and other compensation, which totaled $94,167 and included $32,260 for personal use of company aircraft. Sadove might not realize the full value of his stock awards, which are tied to the company’s performance.
This story first appeared in the April 30, 2012 issue of WWD. Subscribe Today.