Kroger Co. CEO David Dillon saw his reported compensation decrease again in 2010, from $6.7 million to $5.4 million. The 19 percent decrease marks the third year in a row for falling compensation for Dillon, whose pay is significantly tied to performance. Even thought Kroger (NYSE: KR) reported same-store sales growth ? excluding fuel ? of 2.8 percent, it fell short of the company?s objectives. The largest traditional grocer also missed its expectations on earnings per share. For fiscal year 2010, net earnings were...Saturday, 14 May 2011
Kroger CEO Dillon's pay drops 19%
Kroger Co. CEO David Dillon saw his reported compensation decrease again in 2010, from $6.7 million to $5.4 million. The 19 percent decrease marks the third year in a row for falling compensation for Dillon, whose pay is significantly tied to performance. Even thought Kroger (NYSE: KR) reported same-store sales growth ? excluding fuel ? of 2.8 percent, it fell short of the company?s objectives. The largest traditional grocer also missed its expectations on earnings per share. For fiscal year 2010, net earnings were...
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