Nick Cole has been leading Bath & Body Works since May 2011, taking over from the previous CEO, Diane Neal. He has a solid background in retail, which is crucial in the competitive beauty and body care market. Under his...

Nick Cole has been leading Bath & Body Works since May 2011, taking over from the previous CEO, Diane Neal. He has a solid background in retail, which is crucial in the competitive beauty and body care market. Under his leadership, the company has seen significant performance metrics based on operating income growth and total shareholder returns. Cole's compensation was notably high in 2011, amounting to over $7 million, with a massive bonus of nearly $4.9 million based on performance. In contrast, his total earnings were lower in 2012, reflecting a focus on long-term results rather than immediate payouts. Cole's insider trading activity shows a clear pattern, with notable sales around $13.5 million in March 2022, increasing to $13.58 million the following month. His trading positions have varied through the years, reflecting fluctuations in market conditions. Overall, Cole seems to be strategically aligned with shareholder interests, showing a willingness to invest in the company's success while drawing a significant income from his role.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Bath & Body Works CEOs

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Nick Cole

Ex-CEO of Bath & Body Works

Field of Expertise

Consumer Goods & Retail - Retail

Sector of Economy

Consumer Cyclical

CEO of Bath & Body Works for

0 years 9 months (Aug 2011 - May 2012)

Previous Experience

Executive at Limited Brands, Inc.

Rivals

Competitors/colleagues of Nick Cole

Holdings

See how much did Nick Cole make over time.

Nick Cole's insider trading history displays significant activity over the years, with a peak reaching $13.58 million in sales back in April 2022. Throughout 2022, his trading ranged from highs of $13 million to lows around $8 million. This activity...

Nick Cole's insider trading history displays significant activity over the years, with a peak reaching $13.58 million in sales back in April 2022. Throughout 2022, his trading ranged from highs of $13 million to lows around $8 million. This activity suggests a strategic approach to managing his holdings, in line with market trends. As of 2024, his trading has seen some fluctuation but generally remains positive, indicating a robust engagement with his investment decisions at Bath & Body Works. His wealth has been notably tied to the company's stock performance, reflecting a consistent strategy to maintain a substantial presence in the company's shares.

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Insider Trading

See recent insider trades of Nick Cole.

No insider trades found for this CEO.

Compensation History

See how much did Nick Cole make over time.

In terms of compensation, Nick Cole's earnings have varied significantly over the years. In 2011, his total compensation hit $7.38 million, mainly thanks to a hefty bonus of $4.9 million based on the company's performance. The next year, his total earnings dropped to $4.8 million, with a substantial part linked to vested stock units worth over $2 million. This change reflects a shift towards performance-based pay rather than guaranteed bonuses. Cole's pay structure emphasizes aligning executive compensation with the company's long-term performance metrics, ensuring that he and other executives are held accountable to shareholders, while also providing them incentives to boost the company's growth.

Year

2012

Total Compensation

$2.94M

Salary

$820.19K

Board Justification

The compensation philosophy emphasizes performance-based pay to align executive interests with those of shareholders, ensuring retention and motivation of key executives.

Bonus

$0.00

Board Justification

No bonus was awarded for the fiscal year 2012.

Other

$54.52K

Board Justification

Other compensation includes contributions to retirement plans and other benefits.

Restricted Stock

$2.06M(2.06M Restricted Stock Units (RSUs))

Board Justification

The value of the vested stock in 2012 is based on performance-based restricted stock units that vested during the fiscal year.

Performance Metrics

The performance metrics for determining compensation included operating income growth and total shareholder return.

Other Bath & Body Works CEOs

Here are other CEOs of Bath & Body Works

Diane Neal

Ex-CEO of Bath & Body Works

May 2011 - August 2011

Andrew M. Meslow

Ex-CEO of Bath & Body Works

May 2020 - May 2022