Linda Heasley served as the Chief Executive Officer of J.Jill, Inc. from April 2018 until December 2019. She took the role after being a board member since March 2017. During her time, she was not just the CEO but was...

Linda Heasley served as the Chief Executive Officer of J.Jill, Inc. from April 2018 until December 2019. She took the role after being a board member since March 2017. During her time, she was not just the CEO but was also appointed as President of the company in December 2018. Heasley has a strong background in retail, having previously run companies like Lane Bryant and The Honey Baked Ham Company. She holds a Bachelor’s degree in Business Administration, which likely laid the groundwork for her leadership skills. Her total compensation in 2019 was reported to be approximately $2.97 million, which included a notable bonus based on individual and company performance. Interestingly, after stepping down, she received significant severance benefits that included a year’s salary and accelerated vesting of stock awards. While her leadership period faced challenges, her previous experiences in the industry brought valuable insights to J.Jill as it navigated its market position during her tenure.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other J.Jill CEOs

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Linda Heasley

Ex-CEO of J.Jill

Education

MBA from Harvard Business School

Field of Expertise

Consumer Goods & Retail - Retail

Sector of Economy

Consumer Cyclical

Born

January 1, 1955 - 70 years ago

CEO of J.Jill for

1 year 10 months (Apr 2018 - Feb 2020)

Previous Experience

CEO of Lane Bryant

Rivals

Competitors/colleagues of Linda Heasley

Holdings

See how much did Linda Heasley make over time.

During her tenure at J.Jill, Linda Heasley’s wealth was primarily tied to the company's stock, JILL. At her peak, she saw the value of her holdings rise significantly, mirroring the company’s performance metrics. In 2019, she had substantial vested stock...

During her tenure at J.Jill, Linda Heasley’s wealth was primarily tied to the company's stock, JILL. At her peak, she saw the value of her holdings rise significantly, mirroring the company’s performance metrics. In 2019, she had substantial vested stock awards amounting to 195,695 RSUs. However, the fluctuations in the company's stock price indicated the challenges faced in the retail sector. By the end of her term in December 2019, her stock holdings' value would have reflected both the rise and fall in J.Jill’s market position, with her personal fortunes closely linked to company performance. This is common for CEOs, as their financial interests often align with the company’s health.

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Insider Trading

See recent insider trades of Linda Heasley.

SBH

$7.91K

SBH at $15.82/share

Jun 5, 2020

Purchase

JILL

$99.40K

JILL at $1.65/share

Jun 17, 2019

Purchase

Compensation History

See how much did Linda Heasley make over time.

Linda Heasley’s compensation as CEO of J.Jill in 2019 totaled nearly $2.97 million, which included a salary of approximately $754,616 and a substantial performance-based bonus of $1,967,965. This compensation structure shows the company's focus on aligning executive pay with performance metrics. The majority of her total package also included other benefits and severance payments, positioning her as a well-compensated executive during a critical period for the retail brand. The past fiscal year saw no cash bonuses directly due to unmet performance targets. Her pay reflected both the company's successes and the growing challenges in the retail sector at the time.

Year

2019

Total Compensation

$5.69M

Salary

$754.62K

Board Justification

The compensation philosophy aligns with company performance and includes base salary, bonuses based on performance metrics, and equity awards to retain top talent.

Bonus

$1.97M

Board Justification

This amount represents the total bonus paid to Ms. Heasley for fiscal year 2019, which was based on her performance and the company's performance metrics.

Other

$2.97M

Board Justification

This amount includes severance payments, relocation expenses, and other benefits as part of her separation agreement.

Restricted Stock

$0.00(195.7K RSUs)

Board Justification

This amount represents the restricted stock units (RSUs) granted to Ms. Heasley that vested in 2019.

Performance Metrics

The performance metrics for Ms. Heasley included company financial performance and individual performance objectives.

Other J.Jill CEOs

Here are other CEOs of J.Jill

Jim Scully

Ex-CEO of J.Jill

February 2020 - February 2021