In 2023, Eric D. Sprunk earned $1.29M in total compensation at Nordstrom, including $758.50K salary and $530.00K bonus. Most recently acquired 2,760 shares in Sep 2023. Currently holds stock worth $11.55M. Has donated $3.56M in stock to charitable causes. 2+ years at the helm of Nordstrom.
Compensation History
Annual executive compensation data for Eric D. Sprunk, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$1.29M
Salary
$758.50K
Bonus
$530.00K
Other
$0.00
Salary
$758.50KBoard Justification
The compensation philosophy emphasizes pay-for-performance, aligning executive compensation with company performance and shareholder interests, with a significant portion of pay linked to financial results.
Bonus
$530.00KBoard Justification
The bonus is based on the Incentive Adjusted EBIT measure, which achieved $718 million, resulting in a 70% payout on the EBIT measure for the CEO, weighted 100%.
Other Compensation
$0.00Board Justification
No additional compensation reported outside of salary, bonus, and stock options.
Restricted Stock
Board Justification
No stock vested in 2023 as the focus was on performance-based cash bonuses and long-term incentives that are yet to vest.
Performance Metrics
The performance metrics for the CEO's compensation in 2023 were primarily based on Incentive Adjusted EBIT and operational metrics.
Eric D. Sprunk
CEO of Nordstrom
Sector of Economy
Consumer Cyclical
CEO of Nordstrom for
2 years 7 months (Apr 2023 - Present)
Previous Experience
Unknown
Other Nordstrom CEOs
Holdings
Track Eric D. Sprunk's stock holdings and portfolio value over time.
Total Stock Sold
$146.25M
$146.25M
2,450,544.797 NKE shares
What if they kept their stock?
If Eric D. Sprunk didn't sell their stock, today they would have:
Extra NKE2,450,544.797 shares worth $161.39M.
This is 10.36% and $15.15M more than what they got when they sold the stock.
Charitable Transactions
54,003 shares
NKE
Recent Charitable Transactions
686 shares
NKE
May 31, 2020
Charity
820 shares
NKE
Oct 3, 2019
Charity
489 shares
NKE
Apr 30, 2019
Charity
8,444 shares
NKE
Apr 16, 2019
Charity
314 shares
NKE
Dec 27, 2017
Charity
357 shares
NKE
Apr 4, 2017
Charity
Insider Trading
Eric D. Sprunk's recent stock transactions, purchases, and sales filed with the SEC.
2,760 shares
GIS
Sep 26, 2023
Received
2,309 shares
GIS
Sep 27, 2022
Received
3,034 shares
GIS
Sep 28, 2021
Received
3,104 shares
GIS
Sep 22, 2020
Received
686 shares
NKE
May 31, 2020
Charity
$12.01M
NKE at $100.11/share
Dec 24, 2019
Sale
820 shares
NKE
Oct 3, 2019
Charity
3,322 shares
GIS
Sep 24, 2019
Received
15,641 shares
NKE
Aug 1, 2019
Received
489 shares
NKE
Apr 30, 2019
Charity
Rivals
Compare Eric D. Sprunk with competitor CEOs and industry peers.