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Joseph M. Boitano served as the Co-Interim CEO of Lands’ End, Inc. during a transitional phase in the company. His experience is primarily in merchandising, and he has made substantial contributions to shaping the company’s direction. His past role was...

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Joseph M. Boitano

Ex-CEO of Lands' End, Inc.

Education

Not specified

Field of Expertise

Sales & Marketing - Merchandising

Sector of Economy

Consumer Cyclical

Born

January 1, 1951 - 74 years ago

CEO of Lands' End, Inc. for

1 year 1 month (Sep 2016 - Nov 2017)

Previous Experience

Executive Vice President, Chief Merchandising and Design Officer

Rivals

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Holdings

See how much did Joseph M. Boitano make over time.

Joseph M. Boitano's involvement with Lands' End has seen him hold a significant number of shares in the company, particularly during his tenure from 2016 to 2017. Initially appointed as Co-Interim CEO, he played a role that reflected potential fluctuations...

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Compensation History

See how much did Joseph M. Boitano make over time.

In 2017, Joseph M. Boitano’s total compensation was reported at $749,311. This amount included a base salary of $224,615, reflecting his role as Co-Interim CEO during a challenging period for Lands’ End. While his target cash bonus for that year was set at $146,000, he did not earn any bonus due to performance metrics not being met. His compensation package also included $290,254 classified as 'other', which encompassed salary continuation payments, unused vacation, and health benefits following his exit from the company. His salary reflected the importance of his position and the level of responsibility he carried, especially during the transition following the leadership change at Lands’ End.

Year

2017

Total Compensation

$681.68K

Salary

$224.62K

Board Justification

The compensation philosophy is designed to attract, motivate, and retain talented executives, linking compensation to performance measures and market competitiveness.

Bonus

$0.00

Board Justification

Mr. Boitano's target cash bonus for 2017 was $146,000, but he did not earn any bonus due to performance metrics not being met.

Other

$290.25K

Board Justification

Includes salary continuation payments, payment for unused vacation, and health benefits continuation following termination of employment.

Restricted Stock

$166.81K(10.64K RSU)

Board Justification

The RSUs granted to Mr. Boitano vested upon termination of his employment in July 2017.

Performance Metrics

The performance metrics for the annual incentive plan were based on adjusted EBITDA goals.

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