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Stephen Sadove's Saks Inc. Yield

Retailer's chief executive officer saw his total compensation fall 2.8 percent last year to $7.1 million.

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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.

 

RELATED STORY: Saks CEO Stephen Sadove Sells Shares >>

 

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