In 2014, Michael S. Jeffries earned $6.70M in total compensation at Abercrombie & Fitch, including $1.30M salary and $5.29M in stock. Most recently sold 50,000 shares in May 2014. Currently holds stock worth $81.18M. Has donated $719.11K in stock to charitable causes. Led Abercrombie & Fitch as CEO for 8 years.
Compensation History
Annual executive compensation data for Michael S. Jeffries, including salary, bonuses, and stock awards.
Year
2014
Total Compensation
$6.70M
Salary
$1.30M
Bonus
$0.00
Other
$108.16K
Salary
$1.30MBoard Justification
The compensation philosophy aims to align executive compensation with performance and shareholder interests, focusing on long-term value creation.
Bonus
$0.00Board Justification
No annual cash incentive payments were earned under the Incentive Plan for Fiscal 2014 performance as the minimum operating income goals were not achieved.
Other Compensation
$108.16KBoard Justification
Includes above-market earnings on Nonqualified Savings and Supplemental Retirement Plan balances and other benefits.
Restricted Stock
Board Justification
100% of the annual equity award granted to Mr. Jeffries in Fiscal 2014 was in the form of PSAs, subject to rigorous performance criteria determined by the Compensation and Organization Committee.
Performance Metrics
The performance metrics for the PSAs included relative total stockholder return, return on equity, and EBIT margin improvement.
Michael S. Jeffries
Ex-CEO of Abercrombie & Fitch
Education
Bachelor's degree from the University of California, Los Angeles (UCLA).
Field of Expertise
Consumer Goods & Retail - Retail
Sector of Economy
Consumer Cyclical
Born
July 15, 1954 - 71 years ago
CEO of Abercrombie & Fitch for
8 years 11 months (Jan 2006 - Dec 2014)
Previous Experience
CEO of Abercrombie & Fitch Co. since 2006, previously held various positions within the company since 1992.
Other Abercrombie & Fitch CEOs
Holdings
Track Michael S. Jeffries's stock holdings and portfolio value over time.
Total Stock Sold
$101.61M
$101.61M
1,829,387 ANF shares
What if they kept their stock?
If Michael S. Jeffries didn't sell their stock, today they would have:
Extra ANF1,829,387 shares worth $173.55M.
This is 70.8% and $71.94M more than what they got when they sold the stock.
Charitable Transactions
7,580 shares
ANF
Recent Charitable Transactions
3,590 shares
ANF
May 28, 2013
Charity
3,990 shares
ANF
Sep 23, 2011
Charity
Insider Trading
Michael S. Jeffries's recent stock transactions, purchases, and sales filed with the SEC.
$1.87M
ANF at $37.32/share
May 15, 2014
Sale
$1.83M
ANF at $36.64/share
Apr 28, 2014
Sale
$1.93M
ANF at $38.59/share
Mar 28, 2014
Sale
$1.98M
ANF at $39.50/share
Feb 28, 2014
Sale
$1.01M
ANF at $49.53/share
Jul 29, 2013
Sale
$777.60K
ANF at $46.54/share
Jul 1, 2013
Sale
$1.09M
ANF at $50.01/share
May 28, 2013
Sale
3,590 shares
ANF
May 28, 2013
Charity
$4.34M
ANF at $47.58/share
Jan 2, 2013
Sale
$13.67M
ANF at $48.96/share
Dec 23, 2011
Sale
Rivals
Compare Michael S. Jeffries with competitor CEOs and industry peers.
Robert Higginbotham
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2023 Compensation
Stock
$0.00
Salary
$0.00
Bonus
$0.00
Other
$0.00
Total Holdings
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Joanne Crevoiserat
CEO of Tapestry, Inc.
2022 Compensation
Stock
$4.69M
Salary
$1.35M
Bonus
$0.00
Other
$60.91K
Total Holdings
$40.92M
Richard A. Hayne
Founder and CEO of Urban Outfitters
2023 Compensation
Stock
$0.00
Salary
$1.00
Bonus
$5.00K
Other
$50.46K
Total Holdings
$647.94K
Michael O'Sullivan
CEO of Burlington Stores
2023 Compensation
Stock
$0.00
Salary
$1.46M
Bonus
$0.00
Other
$15.12K
Total Holdings
$58.77M
Lauren R. Hobart
CEO of Dick's Sporting Goods
2023 Compensation
Stock
$10.67M
Salary
$1.31M
Bonus
$0.00
Other
$34.05K
Total Holdings
$470.25K