How Herrman was paid
$26.6M in total for fiscal 2026, 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 | Stock | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|
| Ernie HerrmanChief Executive Officer and President | $1,700,000 | $14,300,173 | $8,386,100 | $1,557,824 | $659,440 | $26,603,537 |
| John KlingerSEVP, Chief Financial Officer | $888,462 | $3,200,173 | $2,161,696 | $435,823 | $276,218 | $6,962,372 |
| Carol MeyrowitzExecutive Chairman | $1,100,000 | $6,000,112 | $4,353,311 | $1,867,887 | $50,321 | $13,371,631 |
| Douglas MizziSEVP, Group President | $1,110,770 | $3,300,171 | $2,867,378 | $421,594 | $368,652 | $8,068,565 |
| Kenneth CanestrariSEVP, Group President | $1,102,309 | $3,200,173 | $2,784,609 | $734,307 | $325,770 | $8,147,168 |
What changed and why
- $60BTotal consolidated annual sales surpassed $60 billion, a milestone for the Company.
- 5%Consolidated comparable sales grew 5%, driven by strong comparable sales increases at each division.
- $26.6MCEO total compensation was $26,603,537 for fiscal 2026, compared to $23,482,528 in fiscal 2025.
- 94%Shareholders showed support for our executive compensation program with 94% of votes cast in favor.
- $4.3BWe returned $4.3 billion to shareholders through dividend and share repurchase programs.
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.