Nordstrom Management
Management criteria checks 3/4
Nordstrom's CEO is Erik Nordstrom, appointed in Jan 2019, has a tenure of 5.92 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 $80.79M. The average tenure of the management team and the board of directors is 2.2 years and 5.3 years respectively.
Key information
Erik Nordstrom
Chief executive officer
US$4.5m
Total compensation
| CEO salary percentage | 17.0% |
| CEO tenure | 5.9yrs |
| CEO ownership | 2.0% |
| Management average tenure | 2.2yrs |
| Board average tenure | 5.3yrs |
Recent management updates
Recent updates
Nordstrom: Rating Downgrade As Upside No Longer Attractive
Nov 27Nordstrom: Sell Due To Limited Upside
Nov 19Nordstrom: Business Continues To Benefit From The Macro Backdrop
Sep 06Nordstrom: Was Q2 2024 Profitability Improvement A Signal Or Just Noise?
Aug 30Nordstrom (NYSE:JWN) Will Pay A Dividend Of $0.19
Aug 28
Little Excitement Around Nordstrom, Inc.'s (NYSE:JWN) Revenues
Jul 31The 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 15CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Nov 02 2024 | n/a | n/a | US$262m |
| Aug 03 2024 | n/a | n/a | US$284m |
| 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 ($USD6.66M).
Compensation vs Earnings: Erik's compensation has increased by more than 20% in the past year.
CEO
Erik Nordstrom (60 yo)
5.9yrs
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 | 5.9yrs | US$4.54m | 2.04% $ 80.8m | |
| President | no data | US$4.56m | 1.75% $ 69.5m | |
| CFO & Treasurer | 1.6yrs | US$8.52m | 0.27% $ 10.6m | |
| Chief Technology & Information Officer | 1.6yrs | US$6.48m | 0.026% $ 1.0m | |
| Chief Customer Officer | 2.7yrs | US$4.23m | 0.13% $ 5.2m | |
| Executive VP & COO | less than a year | US$2.50m | 0.10% $ 4.1m | |
| Head of Investor Relations | no data | no data | no data | |
| Chief Legal Officer | 5.4yrs | no data | 0.050% $ 2.0m | |
| Senior VP & Chief Marketing Officer | 2.4yrs | no data | no data | |
| Chief Human Resources Officer | 1.9yrs | no data | 0.048% $ 1.9m | |
| Chief Merchandising Officer | 10.6yrs | no data | 0.54% $ 21.4m | |
| President of Nordstrom Rack | 1.3yrs | no data | 0.058% $ 2.3m |
2.2yrs
Average Tenure
58yo
Average Age
Experienced Management: JWN's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 18.9yrs | US$4.54m | 2.04% $ 80.8m | |
| President | 18.9yrs | US$4.56m | 1.75% $ 69.5m | |
| Independent Director | 4.8yrs | US$273.02k | 0.021% $ 835.6k | |
| Independent Chairman | 8.9yrs | US$441.35k | 0.053% $ 2.1m | |
| Independent Director | 1.7yrs | US$252.16k | 0.0093% $ 367.4k | |
| Independent Director | 5.8yrs | US$292.43k | 0.024% $ 958.2k | |
| Independent Director | 4.8yrs | US$239.64k | 0.021% $ 835.6k | |
| Independent Director | 5.8yrs | US$252.64k | 0.024% $ 958.2k | |
| Independent Director | 7.6yrs | US$254.87k | 0.0070% $ 277.7k | |
| Independent Director | 2.8yrs | US$275.83k | 0.013% $ 513.0k | |
| Independent Director | 1.3yrs | US$117.49k | 0.0074% $ 292.4k | |
| Independent Director | 1.9yrs | US$297.44k | 0.010% $ 413.8k |
5.3yrs
Average Tenure
60yo
Average Age
Experienced Board: JWN's board of directors are considered experienced (5.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 22:43 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/11/02 |
| Annual Earnings | 2024/02/03 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Nordstrom, Inc. is covered by 54 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Argus Research Company |
| Daniela Nedialkova | Atlantic Equities LLP |
| Mark Altschwager | Baird |