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WWD List: The Highest Paid Retail Executives

Top retail industry executives ranked by the values of their 2008 compensation.

By
with contributions from Alexandra Steigrad
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WWD’s annual ranking of key retail industry executives by compensation reflects Wal-Mart’s dominance over the past year. Four officers of the world’s largest retailer made the top 10, with a combined $61.9 million in compensation. H. Lee Scott Jr., who departed in February as president and chief executive officer, was number one for the second year in a row. John J. Donahoe, who succeeded Meg Whitman as president and ceo of eBay, made his debut in the top 10 at number five. The highest salary was a tie between Michael S. Jeffries of Abercrombie & Fitch Co. and Myron E. “Mike” Ullman 3rd of J.C. Penney Co. Inc., who were paid $1.5 million

Below are the top 10 retail industry executives ranked by the values of their 2008 compensation.

--Read on to see who made #11 through 20 >>
--Related News:  Retail Execs See Pay Fall in '08>>

  • 01

    H. LEE SCOTT JR., 60, FORMER PRESIDENT AND CHIEF EXECUTIVE OFFICER, WAL-MART STORES INC.

    Total value of 2008 compensation package: $30.2 million

  • 02

    MICHAEL S. JEFFRIES, 64, CHAIRMAN AND CEO, ABERCROMBIE & FITCH CO.

    Total value of 2008 compensation package: $15.9 million

  • 03

    PAUL MARCIANO, 57, VICE CHAIRMAN AND CEO, GUESS INC.

    Total value of 2008 compensation package: $15.2 million

  • 04

    JULIAN R. GEIGER, 63, CHAIRMAN, CEO, AEROPOSTALE INC.

    Total value of 2008 compensation package: $14.2 million

  • 05

    JOHN J. DONAHOE, 48, PRESIDENT AND CEO, EBAY INC.

    Total value of 2008 compensation package: $13.2 million

  • 06

    MICHAEL T. DUKE, 59, VICE CHAIRMAN, PRESIDENT AND CEO (AS OF FEB. 1), WAL-MART STORES INC.

    Total value of 2008 compensation package: $12.2 million

  • 07

    MYRON E. “MIKE” ULLMAN 3rd, 62, CHAIRMAN AND CEO, J.C. PENNEY CO. INC.

    Total value of 2008 compensation package: $10 million

  • 08

    EDUARDO CASTRO-WRIGHT, 54, VICE CHAIRMAN, WAL-MART STORES INC.

    Total value of 2008 compensation package: $9.99 million

  • 09

    LEW FRANKFORT, 63, CEO, COACH INC.

    Total value of 2008 compensation package: $9.65 million

  • 10

    THOMAS M. SCHOEWE, 56, EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER, WAL-MART STORES INC.

    Total value of 2008 compensation package: $9.48 million