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Gap, Nike CEOs Received Some Serious Salary Bumps

Image via thefabulousreport.com
Image via thefabulousreport.com

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When it comes to a 219% salary increase, just do it. The New York Times released an infograph last week detailing the 2012 earnings of the 200 highest-paid CEOs in national public companies, which includes some well-known retail brands. Nike's chief boss got that 219% bump in pay, going from $11 million in 2011 to $35.2 mil last year. The CEO at Gap banked $24.6m, a 154% increase from 2011. The top guys at eBay and Starbucks (not a retailer, we know, but neither retailers nor us can function without them) each earned just under $30 million, representing about an 80% increase from the prior year.

Surprisingly, some of the retail CEOs who got the biggest increases sell the cheapest goods. The CEO at Dollar Tree made $16.9 million in 2012, which is 175% more than his $6.1 million paycheck in 2011, while the head honcho at Dollar General made $23.2 million, a whopping 504% more than his $3.8 mil from the previous year. Yeah, we'll take that increase, please. A noticeable dip for a big name? The Macy's CEO took a 22% decrease last year, going from $14.5 million is 2011 to $11.3 mil. Still, we wouldn't question a multimillion-dollar paycheck.—Laura Gurfein

·The Sneaker Of Our Dreams Is Coming This Spring [Racked]
·Macy's Brings Drive-Ins Back For 'American Icons' Campaign [Racked]
·Executive Pay By The Numbers [NYT]