The Bon-Ton Stores Inc.’s Kathryn Bufano saw her salary slip 6.7 percent in 2015.
The retailer’s president and chief executive officer received total compensation of nearly $2.5 million last year, compared with $2.6 million in 2014. She joined the retailer in August 2014.
Bufano’s base salary last year was $900,000, compared with the $380,769 that she received for slightly over four months of work in the previous year. She received a greater bonus in 2014 — $350,000 compared with last year’s $250,000 — and the biggest difference between the two years is the higher stock awards granted in 2014 of nearly $1.9 million versus the nearly $1.3 million in 2015.
Her total compensation was detailed in the company’s proxy statement, which was filed Tuesday with the Securities and Exchange Commission. The company said it will hold its annual shareholders’ meeting on June 14, at 9 a.m. at the retailer’s offices in York, Pa.