Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Doug M. Howe earned $7.53M in total compensation at Designer Brands, including $1.21M salary and $6.31M in stock. Most recently acquired 25 shares in Mar 2022. Currently holds stock worth $4.90M. 2+ years at the helm of Designer Brands.

Compensation History

Annual executive compensation data for Doug M. Howe, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$7.53M

Salary

$1.21M

Bonus

$0.00

Other

$13.84K

Salary

$1.21M

Board Justification

The compensation philosophy aims to attract and retain highly qualified leaders, drive performance by incentivizing NEOs to attain short-term and long-term goals, align interests with shareholders, and create long-term shareholder value.

Bonus

$0.00

Board Justification

No bonus was paid out for fiscal 2023 due to performance metrics not being met.

Other Compensation

$13.84K

Board Justification

Other compensation includes 401(k) matching contributions and a small amount for life insurance premiums.

Restricted Stock

$6.31M684.98K RSUs

Board Justification

The vested stock includes performance-based and time-based RSUs that vested during fiscal 2023, with the performance-based RSUs not achieving the threshold performance level resulting in no payout for those awards.

Performance Metrics

The primary performance metric for fiscal 2023 was Adjusted Operating Income, which was not met, resulting in no payouts for the cash incentive plan.

D

Doug M. Howe

CEO of Designer Brands

Education

Creighton University, degree in business administration and management

Field of Expertise

Sales & Marketing - Merchandising

Sector of Economy

Consumer Cyclical

Born

January 1, 1961 - 64 years ago

CEO of Designer Brands for

2 years 8 months (Apr 2023 - Present)

Previous Experience

President of DSW Designer Shoe Warehouse and Executive Vice President of the Company; Chief Merchandising Officer of Kohls Corp.; served in a variety of roles at Qurate Retail Group, including as EVP, Chief Merchandising Officer.

Holdings

Track Doug M. Howe's stock holdings and portfolio value over time.

Insider Trading

Doug M. Howe's recent stock transactions, purchases, and sales filed with the SEC.

KSS

25 shares

KSS

Mar 31, 2022

Received

KSS

317 shares

KSS

Mar 30, 2022

Received

KSS

12,176 shares

KSS

Mar 28, 2022

Received

KSS

196 shares

KSS

Dec 22, 2021

Received

KSS

180 shares

KSS

Sep 22, 2021

Received

KSS

275 shares

KSS

Jun 23, 2021

Received

KSS

310 shares

KSS

Mar 31, 2021

Received

KSS

12,119 shares

KSS

Mar 29, 2021

Received

KSS

11,733 shares

KSS

Mar 1, 2021

Received

KSS

3,087 shares

KSS

Apr 1, 2020

Received

Rivals

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