In 2024, Brendan L. Hoffman earned $2.83M in total compensation at Wolverine World Wide, including $1.00M salary, $1.09M bonus and $698.86K in stock. 3+ years at the helm of Wolverine World Wide.
Compensation History
Annual executive compensation data for Brendan L. Hoffman, including salary, bonuses, and stock awards.
Year
2024
Total Compensation
$2.83M
Salary
$1.00M
Bonus
$1.09M
Other
$42.69K
Salary
$1.00MBoard Justification
The Company's compensation philosophy is to provide executives with a competitive compensation package that is heavily weighted towards performance-based (performance units and annual bonus opportunity) and variable (restricted stock units) compensation in order to encourage superior business and financial performance over the short and longer term and, by linking compensation with stock price performance, to closely align the interests of the Company's NEOs with those of its shareholders without encouraging excessive risk-taking.
Bonus
$1.09MBoard Justification
The annual bonus consists of a performance bonus (75% weighting based on revenue and pretax earnings) and a business priorities bonus (25% weighting).
Other Compensation
$42.69KBoard Justification
Includes Wolverine Worldwide's contributions to the accounts of the NEOs under Wolverine Worldwide's 401(k) plans, payments made by Wolverine Worldwide for the premiums on certain life insurance policies, tax, housing/relocation expenses and estate planning services and health care reimbursements.
Restricted Stock
Board Justification
Shares vested for the 2022-2024 performance cycle.
Performance Metrics
Operating Profit and Relative Total Shareholder Return
Brendan L. Hoffman
CEO of Wolverine World Wide
Sector of Economy
Consumer Cyclical
CEO of Wolverine World Wide for
3 years 11 months (Dec 2021 - Present)
Previous Experience
Unknown
Other Wolverine World Wide CEOs
Holdings
Track Brendan L. Hoffman's stock holdings and portfolio value over time.
Insider Trading
Brendan L. Hoffman's recent stock transactions, purchases, and sales filed with the SEC.
No insider trades found for this CEO.
Rivals
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