Nordstrom Management
Management criteria checks 2/4
Nordstrom's CEO is Erik Nordstrom, appointed in Jan 2019, has a tenure of 5.5 years. total yearly compensation is $4.54M, comprised of 17% salary and 83% bonuses, including company stock and options. directly owns 1.7% of the company’s shares, worth $58.60M. The average tenure of the management team and the board of directors is 1.8 years and 4.9 years respectively.
Key information
Erik Nordstrom
Chief executive officer
US$4.5m
Total compensation
CEO salary percentage | 17.0% |
CEO tenure | 5.5yrs |
CEO ownership | 1.7% |
Management average tenure | 1.8yrs |
Board average tenure | 4.9yrs |
Recent management updates
Recent updates
The Returns On Capital At Nordstrom (NYSE:JWN) Don't Inspire Confidence
Jun 26Nordstrom: Negative Macro Outlook Is Good For Business
Jun 07Nordstrom (NYSE:JWN) Has Affirmed Its Dividend Of $0.19
May 26With Nordstrom, Inc. (NYSE:JWN) It Looks Like You'll Get What You Pay For
Apr 15Nordstrom: Downgrading To Hold As I Am Less Confident In The Business Outlook
Apr 09There May Be Reason For Hope In Nordstrom's (NYSE:JWN) Disappointing Earnings
Mar 13Nordstrom Q4 Earnings: Neutral Outlook Despite Positive Momentum In Rack
Mar 07Nordstrom's (NYSE:JWN) Dividend Will Be $0.19
Mar 03Nordstrom (NYSE:JWN) Could Be At Risk Of Shrinking As A Company
Mar 01Is Nordstrom (NYSE:JWN) Using Too Much Debt?
Feb 15Nordstrom: Meeting FY24 Guidance Should Drive Valuation Upwards
Dec 27Market Participants Recognise Nordstrom, Inc.'s (NYSE:JWN) Earnings Pushing Shares 30% Higher
Dec 23Nordstrom (NYSE:JWN) Has Announced A Dividend Of $0.19
Nov 23Nordstrom: Q3 Results Point To Ongoing Inventory Concerns
Nov 22Nordstrom (NYSE:JWN) Will Be Looking To Turn Around Its Returns
Nov 12Here's Why Nordstrom (NYSE:JWN) Has A Meaningful Debt Burden
Oct 25Nordstrom: Weight Loss Drugs Could Drive EPS Much Higher
Oct 16Nordstrom: Sales Trends Expected To Improve Through FY24
Sep 20Nordstrom's Turnaround Is Around The Corner
Sep 02Nordstrom's (NYSE:JWN) Dividend Will Be $0.19
Aug 26Returns On Capital At Nordstrom (NYSE:JWN) Paint A Concerning Picture
Aug 07Is Nordstrom (NYSE:JWN) A Risky Investment?
Jul 23Nordstrom: Headwinds And Risks Ahead
Jul 20Are Nordstrom, Inc. (NYSE:JWN) Investors Paying Above The Intrinsic Value?
Jul 02Nordstrom: A Few Considerations Ahead Of Q1 Earnings
May 23Nordstrom (NYSE:JWN) Will Pay A Dividend Of $0.19
May 21Nordstrom (NYSE:JWN) Will Be Looking To Turn Around Its Returns
Apr 24Is Nordstrom (NYSE:JWN) Using Too Much Debt?
Mar 15Nordstrom jumps 30% on report activist Ryan Cohen takes stake
Feb 03Nordstrom: There's So Much More To Do
Jan 20Nordstrom: Cheap But I'm Not Buying
Jan 09Nordstrom's (NYSE:JWN) Returns On Capital Not Reflecting Well On The Business
Dec 31Nordstrom declares $0.19 dividend
Nov 16Is There An Opportunity With Nordstrom, Inc.'s (NYSE:JWN) 23% Undervaluation?
Nov 16Nordstrom Is A Hold For Now
Oct 13CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
May 04 2024 | n/a | n/a | US$300m |
Feb 03 2024 | US$5m | US$773k | US$134m |
Oct 28 2023 | n/a | n/a | US$119m |
Jul 29 2023 | n/a | n/a | US$32m |
Apr 29 2023 | n/a | n/a | US$20m |
Jan 28 2023 | US$3m | US$759k | US$245m |
Oct 29 2022 | n/a | n/a | US$326m |
Jul 30 2022 | n/a | n/a | US$410m |
Apr 30 2022 | n/a | n/a | US$364m |
Jan 29 2022 | US$6m | US$759k | US$178m |
Oct 30 2021 | n/a | n/a | US$11m |
Jul 31 2021 | n/a | n/a | US$0 |
May 01 2021 | n/a | n/a | -US$335m |
Jan 30 2021 | US$6m | US$367k | -US$690m |
Oct 31 2020 | n/a | n/a | -US$531m |
Aug 01 2020 | n/a | n/a | -US$457m |
May 02 2020 | n/a | n/a | -US$62m |
Feb 01 2020 | US$7m | US$756k | US$496m |
Nov 02 2019 | n/a | n/a | US$552m |
Aug 03 2019 | n/a | n/a | US$492m |
May 04 2019 | n/a | n/a | US$514m |
Feb 02 2019 | US$4m | US$756k | US$564m |
Nov 03 2018 | n/a | n/a | US$467m |
Aug 04 2018 | n/a | n/a | US$513m |
May 05 2018 | n/a | n/a | US$461m |
Feb 03 2018 | US$6m | US$771k | US$437m |
Compensation vs Market: Erik's total compensation ($USD4.54M) is below average for companies of similar size in the US market ($USD6.67M).
Compensation vs Earnings: Erik's compensation has increased by more than 20% in the past year.
CEO
Erik Nordstrom (60 yo)
5.5yrs
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
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO & Director | 5.5yrs | US$4.54m | 1.7% $ 58.6m | |
President | no data | US$4.56m | 1.7% $ 58.7m | |
CFO & Treasurer | 1.2yrs | US$8.52m | 0.052% $ 1.8m | |
Chief Technology & Information Officer | 1.2yrs | US$6.48m | 0.026% $ 893.9k | |
Chief Customer Officer | 2.3yrs | US$4.23m | 0.13% $ 4.6m | |
Executive VP & COO | less than a year | US$2.50m | 0.12% $ 4.0m | |
Head of Investor Relations | no data | no data | no data | |
Chief Legal Officer | 5yrs | no data | 0.051% $ 1.8m | |
Senior VP & Chief Marketing Officer | 2yrs | no data | no data | |
Chief Human Resources Officer | 1.5yrs | no data | no data | |
Chief Merchandising Officer | 10.2yrs | no data | 0.54% $ 18.8m | |
President of Nordstrom Rack | less than a year | no data | 0.062% $ 2.1m |
1.8yrs
Average Tenure
58yo
Average Age
Experienced Management: JWN's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO & Director | 18.5yrs | US$4.54m | 1.7% $ 58.6m | |
President | 18.5yrs | US$4.56m | 1.7% $ 58.7m | |
Independent Director | 4.3yrs | US$273.02k | 0.021% $ 732.4k | |
Independent Chairman | 8.5yrs | US$441.35k | 0.053% $ 1.8m | |
Independent Director | 1.3yrs | US$252.16k | 0.0093% $ 322.0k | |
Independent Director | 5.4yrs | US$292.43k | 0.024% $ 839.7k | |
Independent Director | 4.3yrs | US$239.64k | 0.021% $ 732.4k | |
Independent Director | 5.4yrs | US$252.64k | 0.024% $ 839.7k | |
Independent Director | 7.2yrs | US$254.87k | 0.0071% $ 243.7k | |
Independent Director | 2.3yrs | US$275.83k | 0.013% $ 449.7k | |
Independent Director | less than a year | US$117.49k | 0.0074% $ 256.4k | |
Independent Director | 1.5yrs | US$297.44k | 0.011% $ 362.7k |
4.9yrs
Average Tenure
60yo
Average Age
Experienced Board: JWN's board of directors are considered experienced (4.9 years average tenure).