Nordstrom Management

Management criteria checks 2/4

Nordstrom's CEO is Erik Nordstrom, appointed in Jan 2019, has a tenure of 5.83 years. total yearly compensation is $4.54M, comprised of 17% salary and 83% bonuses, including company stock and options. directly owns 2.04% of the company’s shares, worth €72.93M. The average tenure of the management team and the board of directors is 2.1 years and 5.2 years respectively.

Key information

Erik Nordstrom

Chief executive officer

US$4.5m

Total compensation

CEO salary percentage17.0%
CEO tenure5.8yrs
CEO ownership2.0%
Management average tenure2.1yrs
Board average tenure5.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Erik Nordstrom's remuneration changed compared to Nordstrom's earnings?
DateTotal CompensationSalaryCompany Earnings
Aug 03 2024n/an/a

US$284m

May 04 2024n/an/a

US$300m

Feb 03 2024US$5mUS$773k

US$134m

Oct 28 2023n/an/a

US$119m

Jul 29 2023n/an/a

US$32m

Apr 29 2023n/an/a

US$20m

Jan 28 2023US$3mUS$759k

US$245m

Oct 29 2022n/an/a

US$326m

Jul 30 2022n/an/a

US$410m

Apr 30 2022n/an/a

US$364m

Jan 29 2022US$6mUS$759k

US$178m

Oct 30 2021n/an/a

US$11m

Jul 31 2021n/an/a

US$0

May 01 2021n/an/a

-US$335m

Jan 30 2021US$6mUS$367k

-US$690m

Oct 31 2020n/an/a

-US$531m

Aug 01 2020n/an/a

-US$457m

May 02 2020n/an/a

-US$62m

Feb 01 2020US$7mUS$756k

US$496m

Nov 02 2019n/an/a

US$552m

Aug 03 2019n/an/a

US$492m

May 04 2019n/an/a

US$514m

Feb 02 2019US$4mUS$756k

US$564m

Nov 03 2018n/an/a

US$467m

Aug 04 2018n/an/a

US$513m

May 05 2018n/an/a

US$461m

Feb 03 2018US$6mUS$771k

US$437m

Compensation vs Market: Erik's total compensation ($USD4.54M) is above average for companies of similar size in the German market ($USD1.95M).

Compensation vs Earnings: Erik's compensation has increased by more than 20% in the past year.


CEO

Erik Nordstrom (60 yo)

5.8yrs

Tenure

US$4,540,362

Compensation

Mr. Erik B. Nordstrom serves as Chief Executive Officer of Nordstrom Inc. since January 10, 2019. He was Co-President of Mr. Nordstrom serves as a Member of Executive Team of Nordstrom Inc., and has been i...


Leadership Team

NamePositionTenureCompensationOwnership
Erik Nordstrom
CEO & Director5.8yrsUS$4.54m2.04%
€ 72.9m
Peter Nordstrom
Presidentno dataUS$4.56m1.76%
€ 62.7m
Catherine Smith
CFO & Treasurer1.5yrsUS$8.52m0.052%
€ 1.9m
Jason Morris
Chief Technology & Information Officer1.5yrsUS$6.48m0.026%
€ 921.1k
Kenneth Worzel
Chief Customer Officer2.6yrsUS$4.23m0.13%
€ 4.8m
Alexis DePree
Executive VP & COOless than a yearUS$2.50m0.10%
€ 3.7m
James Duies
Head of Investor Relationsno datano datano data
Ann Steines
Chief Legal Officer5.3yrsno data0.051%
€ 1.8m
Deniz Anders
Senior VP & Chief Marketing Officer2.3yrsno datano data
Lisa Price
Chief Human Resources Officer1.8yrsno datano data
James Nordstrom
Chief Merchandising Officer10.5yrsno data0.54%
€ 19.3m
Gemma Lionello
President of Nordstrom Rack1.2yrsno data0.061%
€ 2.2m

2.1yrs

Average Tenure

58yo

Average Age

Experienced Management: NRD's management team is considered experienced (2.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Erik Nordstrom
CEO & Director18.8yrsUS$4.54m2.04%
€ 72.9m
Peter Nordstrom
President18.8yrsUS$4.56m1.76%
€ 62.7m
James Donald
Independent Director4.7yrsUS$273.02k0.021%
€ 754.5k
Bradley Tilden
Independent Chairman8.8yrsUS$441.35k0.053%
€ 1.9m
Eric Sprunk
Independent Director1.6yrsUS$252.16k0.0093%
€ 331.8k
Glenda McNeal
Independent Director5.8yrsUS$292.43k0.024%
€ 865.1k
Mark Tritton
Independent Director4.7yrsUS$239.64k0.021%
€ 754.5k
Kirsten Green
Independent Director5.8yrsUS$252.64k0.024%
€ 865.1k
Stacy Brown-Philpot
Independent Director7.5yrsUS$254.87k0.0070%
€ 250.8k
Amie O'Toole
Independent Director2.7yrsUS$275.83k0.013%
€ 463.0k
Guy Persaud
Independent Director1.2yrsUS$117.49k0.0074%
€ 264.0k
Atticus Tysen
Independent Director1.8yrsUS$297.44k0.010%
€ 373.5k

5.2yrs

Average Tenure

60yo

Average Age

Experienced Board: NRD's board of directors are considered experienced (5.2 years average tenure).