CEO Richard Johnson says Foot Locker is focused on turning around the online fortunes of its Eastbay brand.
Online custom printing products and services retailer VistaPrint paid its top five executives almost $7 million in total compensation for fiscal 2008. That was an increase of about 36% compared with fiscal 2007 compensation.
Online custom printing products and services retailer VistaPrint Ltd. paid its top five executives $6.96 million in total compensation for fiscal 2008. That was an increase of about 36% compared with fiscal 2007 combined compensation of $5.11 million.
VistaPrint president, CEO and chairman of the board Robert Keane topped the earnings list for the fiscal year ended Aug. 30, with a pay package worth about $2.31 million. His compensation comprised a base salary of $400,000, stock option awards of $1.19 million and other compensation totaling $724,805.
Executive vice president and chief financial officer Harpreet Grewal received about $1.85 million in total pay. His pay package was composed of $250,000 in base salary, $568,000 in option awards and about $1.03 million in shares of stock, incentives and other compensation in FY 2008. Grewal resigned as CFO in early September.
Wendy Cebula, president of VistaPrint North America, received $895,971 in total pay for fiscal 2008, as did Janet Holian, president of VistaPrint Europe. Cebula’s base pay was $250,000 and options awards were $295,860. Incentives, stock shares and other pay added up to about $350,000. Holian’s pay breakdown was identical.
Executive vice president and chief people officer Anne Drapeau was paid about $1 million for fiscal 2008. Her pay was made up of $250,000 in base salary, $491,250 in options awards and $268,205 in incentives and other pay. She resigned from the company in late September.
For the 2008 fiscal year, VistaPrint, No. 57 in the Internet Retailer Top 500 Guide, posted a 57% increase in sales while net income rose by 47%. In fiscal 2008, VistaPrint recorded net income of $39.8 million on sales of $400.7 million, compared with net income of $27.1 million on sales of $256 million in fiscal 2007.