Nordstrom Management
Management criteria checks 3/4
Nordstrom's CEO is Erik Nordstrom, appointed in Jan 2019, has a tenure of 5.25 years. total yearly compensation is $3.47M, comprised of 21.9% salary and 78.1% bonuses, including company stock and options. directly owns 1.7% of the company’s shares, worth $52.96M. The average tenure of the management team and the board of directors is 1.9 years and 4.6 years respectively.
Key information
Erik Nordstrom
Chief executive officer
US$3.5m
Total compensation
| CEO salary percentage | 21.9% |
| CEO tenure | 5.3yrs |
| CEO ownership | 1.7% |
| Management average tenure | 1.9yrs |
| Board average tenure | 4.6yrs |
Recent management updates
Recent updates
Nordstrom: 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 13
Nordstrom 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 13Nordstrom chief technology, information officer Mesrobian resigns
Oct 05Why Nordstrom Could Be Set To Outperform
Sep 26Nordstrom (NYSE:JWN) Takes On Some Risk With Its Use Of Debt
Sep 08Is Nordstrom A Safe Dividend Stock After Lowered Guidance?
Sep 07Nordstrom Non-GAAP EPS of $0.81 beats by $0.01, revenue of $4.1B beats by $130M
Aug 23CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Feb 03 2024 | n/a | n/a | 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$437m |
Compensation vs Market: Erik's total compensation ($USD3.47M) is below average for companies of similar size in the US market ($USD6.49M).
Compensation vs Earnings: Erik's compensation has been consistent with company performance over the past year.
CEO
Erik Nordstrom (59 yo)
5.3yrs
Tenure
US$3,470,982
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 | 5.3yrs | US$3.47m | 1.7% $ 53.0m | |
| President | no data | US$3.48m | 1.79% $ 55.7m | |
| Chief Customer Officer | 2yrs | US$3.16m | 0.13% $ 4.2m | |
| Executive VP & Chief Supply Chain Officer | 4.3yrs | US$2.50m | 0.12% $ 3.8m | |
| CFO & Treasurer | less than a year | no data | no data | |
| Chief Technology & Information Officer | less than a year | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Chief Legal Officer | 4.8yrs | no data | 0.052% $ 1.6m | |
| Senior VP & Chief Marketing Officer | 1.8yrs | no data | no data | |
| Chief Human Resources Officer | 1.3yrs | no data | no data | |
| Chief Merchandising Officer | 9.9yrs | no data | 0.54% $ 17.0m | |
| President of Nordstrom Rack | less than a year | no data | 0.062% $ 1.9m |
1.9yrs
Average Tenure
57yo
Average Age
Experienced Management: JWN's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 18.3yrs | US$3.47m | 1.7% $ 53.0m | |
| President | 18.3yrs | US$3.48m | 1.79% $ 55.7m | |
| Independent Director | 4.1yrs | US$284.48k | 0.017% $ 525.3k | |
| Independent Chairman | 8.3yrs | US$439.85k | 0.044% $ 1.4m | |
| Independent Director | less than a year | no data | 0.0050% $ 154.3k | |
| Independent Director | 5.2yrs | US$280.44k | 0.020% $ 622.3k | |
| Independent Director | 4.1yrs | US$270.81k | 0.017% $ 525.3k | |
| Independent Director | 5.2yrs | US$254.36k | 0.020% $ 622.3k | |
| Independent Director | 6.9yrs | US$271.27k | 0.0071% $ 220.0k | |
| Independent Director | 2.1yrs | US$242.97k | 0.0087% $ 269.5k | |
| Independent Director | less than a year | no data | 0.0031% $ 94.9k | |
| Independent Director | 1.3yrs | no data | 0.0061% $ 191.1k |
4.6yrs
Average Tenure
59yo
Average Age
Experienced Board: JWN's board of directors are considered experienced (4.6 years average tenure).