Cato Management

Management criteria checks 3/4

Cato's CEO is John P. Cato, appointed in Jun 1997, has a tenure of 26.92 years. total yearly compensation is $2.95M, comprised of 48.1% salary and 51.9% bonuses, including company stock and options. directly owns 16.01% of the company’s shares, worth $16.03M. The average tenure of the management team and the board of directors is 14.1 years and 14.9 years respectively.

Key information

John P. Cato

Chief executive officer

US$2.9m

Total compensation

CEO salary percentage48.1%
CEO tenure26.9yrs
CEO ownership16.0%
Management average tenure14.1yrs
Board average tenure14.9yrs

Recent management updates

We Discuss Why The Cato Corporation's (NYSE:CATO) CEO Compensation May Be Closely Reviewed

May 14
We Discuss Why The Cato Corporation's (NYSE:CATO) CEO Compensation May Be Closely Reviewed

Recent updates

Cato Corporation: Commercially Doomed But Liquidation Upside Exists

Mar 19

Cato's Operations Are Eating The Deep Value Play

Mar 02

Cato: Declining Sales And Widening Losses Could Impact Dividend Payout

Dec 26

The Cato Corporation: Pressure On Growth Rates And Profitability Continues

Oct 03

Cato (NYSE:CATO) Has Announced A Dividend Of $0.17

Aug 29
Cato (NYSE:CATO) Has Announced A Dividend Of $0.17

The Cato Corporation: A Deep Value Retail Stock With Solid Upside

Jul 28

Cato (NYSE:CATO) Has Affirmed Its Dividend Of $0.17

May 22
Cato (NYSE:CATO) Has Affirmed Its Dividend Of $0.17

Cato (NYSE:CATO) Is Due To Pay A Dividend Of $0.17

Feb 27
Cato (NYSE:CATO) Is Due To Pay A Dividend Of $0.17

Cato  declares $0.17 dividend, boosts share repurchase authorization

Feb 24

The Cato Corporation's Fortress Balance Sheet Deserves Attention

Jan 20

Cato (NYSE:CATO) Is Due To Pay A Dividend Of $0.17

Dec 19
Cato (NYSE:CATO) Is Due To Pay A Dividend Of $0.17

Cato (NYSE:CATO) Is Due To Pay A Dividend Of $0.17

Nov 22
Cato (NYSE:CATO) Is Due To Pay A Dividend Of $0.17

The Cato Corporation: Cheap Enough To Warrant Attention

Oct 21

Capital Allocation Trends At Cato (NYSE:CATO) Aren't Ideal

Oct 20
Capital Allocation Trends At Cato (NYSE:CATO) Aren't Ideal

Cato (NYSE:CATO) Will Pay A Dividend Of $0.17

Aug 29
Cato (NYSE:CATO) Will Pay A Dividend Of $0.17

Cato  declares $0.17 dividend

Aug 26

Cato  GAAP EPS of -$0.11, revenue of $196.84M

Aug 18

The Cato Corporation: A Cheap Prospect That Bears Some Long-Term Risk

Jun 20

Cato Corporation: Milk This Rally For All Its Worth

Nov 24

Shopping For Value At Cato

Jul 01

We Discuss Why The Cato Corporation's (NYSE:CATO) CEO Compensation May Be Closely Reviewed

May 14
We Discuss Why The Cato Corporation's (NYSE:CATO) CEO Compensation May Be Closely Reviewed

What Percentage Of The Cato Corporation (NYSE:CATO) Shares Do Insiders Own?

Mar 21
What Percentage Of The Cato Corporation (NYSE:CATO) Shares Do Insiders Own?

What Type Of Returns Would Cato's(NYSE:CATO) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?

Jan 25
What Type Of Returns Would Cato's(NYSE:CATO) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?

Cato: Debt-Free Retailer With Fortress Balance Sheet And Hidden Real Estate

Dec 29

What You Need To Know About The Cato Corporation's (NYSE:CATO) Investor Composition

Dec 21
What You Need To Know About The Cato Corporation's (NYSE:CATO) Investor Composition

Cato  reports Q3 results

Nov 19

CEO Compensation Analysis

How has John P. Cato's remuneration changed compared to Cato's earnings?
DateTotal CompensationSalaryCompany Earnings
Feb 03 2024US$3mUS$1m

-US$23m

Oct 28 2023n/an/a

-US$3m

Jul 29 2023n/an/a

-US$2m

Apr 29 2023n/an/a

-US$5m

Jan 28 2023US$3mUS$1m

US$41k

Oct 29 2022n/an/a

-US$3m

Jul 30 2022n/an/a

US$9m

Apr 30 2022n/an/a

US$24m

Jan 29 2022US$5mUS$1m

US$35m

Oct 30 2021n/an/a

US$33m

Jul 31 2021n/an/a

US$22m

May 01 2021n/an/a

US$2m

Jan 30 2021US$3mUS$1m

-US$45m

Oct 31 2020n/an/a

-US$41m

Aug 01 2020n/an/a

-US$31m

May 02 2020n/an/a

-US$13m

Feb 01 2020US$5mUS$1m

US$35m

Nov 02 2019n/an/a

US$35m

Aug 03 2019n/an/a

US$32m

May 04 2019n/an/a

US$27m

Feb 02 2019US$4mUS$1m

US$30m

Nov 03 2018n/an/a

US$18m

Aug 04 2018n/an/a

US$17m

May 05 2018n/an/a

US$9m

Feb 03 2018US$3mUS$1m

US$8m

Compensation vs Market: John P.'s total compensation ($USD2.95M) is above average for companies of similar size in the US market ($USD661.47K).

Compensation vs Earnings: John P.'s compensation has been consistent with company performance over the past year.


CEO

John P. Cato (73 yo)

26.9yrs

Tenure

US$2,945,305

Compensation

Mr. John P. Derham Cato has been the Chairman of The Cato Corporation since January 2004 and also has been its President and Chief Executive Officer since June 1997 and May 1999 respectively. From May 1999...


Leadership Team

NamePositionTenureCompensationOwnership
John P. Cato
Chairman26.9yrsUS$2.95m16.01%
$ 16.0m
Charles Knight
Executive VP & CFO2.3yrsUS$603.46k0.26%
$ 263.5k
Gordon Smith
Executive VP and Chief Real Estate & Store Development Officer12.8yrsUS$559.24k0.56%
$ 556.5k
J. Fagan
VP & General Counselno datano datano data
Stephen Headley
Senior Vice President of Sourcing & MDSE Supportno datano datano data
Jeffrey Shock
Senior VP & Controller15.3yrsno data0.20%
$ 200.7k
Stevens Staes
Secretaryno datano datano data
Christin Reische
Assistant Secretaryno datano data0.13%
$ 128.6k

14.1yrs

Average Tenure

67yo

Average Age

Experienced Management: CATO's management team is seasoned and experienced (14.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
John P. Cato
Chairman38.3yrsUS$2.95m16.01%
$ 16.0m
Pamela S. Davies
Independent Director6.1yrsUS$110.64k0.095%
$ 95.3k
Bailey Patrick
Independent Director15yrsUS$110.64k0.18%
$ 184.4k
Bryan Kennedy
Lead Independent Director14.8yrsUS$122.64k0.17%
$ 171.5k
Daniel Stowe
Independent Director19.3yrsUS$116.64k0.20%
$ 201.6k
Thomas Henson
Independent Director13yrsUS$116.64k0.19%
$ 189.5k
Thomas Meckley
Independent Director15yrsUS$120.14k0.18%
$ 179.3k
Theresa Drew
Independent Director5yrsUS$121.64k0.12%
$ 115.4k

14.9yrs

Average Tenure

66.5yo

Average Age

Experienced Board: CATO's board of directors are seasoned and experienced ( 14.9 years average tenure).


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