Gap Inc. discloses CEO Richard Dickson's compensation.
‘s president and chief executive officer, is receiving a base annual salary of $1.4 million, as part of his compensation package.
In addition, Dickson was granted restricted stock units and performance restricted stock units with a target grant value of $4.25 million, compensating him for equity awards forfeited from his prior employer, as well as RSUs with a target grant value of $4 million to induce him to become CEO. Before joining Gap Inc. in August 2023, Dickson was president and chief operating officer of Mattel.Dickson’s compensation is detailed in Gap Inc.
“Dickson’s compensation package is structurally consistent with the compensation packages for our other executives and is intended to reward him for sustained improvement of the company’s financial performance and returns to shareholders while aligning interests across the company’s senior leadership team,” the proxy statement indicates.
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