How Cato was paid
$1.5M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Other | Total |
|---|---|---|---|
| John P. D. CatoChairman, President & Chief Executive Officer | $1,484,832 | $1,792 | $1,486,624 |
| Charles D. KnightExecutive Vice President & Chief Financial Officer | $507,500 | — | $507,500 |
| Gordon D. SmithExecutive Vice President Chief Real Estate & Store Development Officer | $421,352 | $3,755 | $425,107 |
What changed and why
- $1.5MCEO total compensation decreased to $1,486,624 in fiscal 2025 from $2,401,916 in fiscal 2024.
- No equity incentive award grants were made to named executive officers in fiscal 2025.
- No annual incentive bonus was paid because threshold performance levels were not met.
- The CEO to median employee pay ratio was approximately 100 to 1.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.