Albertsons Companies has made 10-K and S-1 SEC filings covering only 6 Years of Comparative Compensation disclosures and that is why the below chart only covers 6 years.
Albertson's Companies include many large grocery chains like Safeway, Albertsons, Jewel-Osco, Vons, Acme, Shaws, Tom Thumb, United Supermarkets and Randalls.
Albertsons Companies have 267,000 employees with 170,000 of them covered by collective bargaining agreements.
Albertson's Companies Top-Tier Executives Average Annual Pay Raise of a completely off-the-charts 160.0% per year over the past 6 years is second highest of the 24 largest Retail Companies I have researched and made similar posts on so far:
- Amazon +659.0% per year for the past ten years
- Albertson's Companies +160.0% per year for the past six years
- Restaurant Brands Intl +38.9% per year for the past six years
- Dollar General +34.2% per year for the past ten years
- McDonald's +30.7% per year for the past ten years
- Walgreens Boots Alliance +22.2% per year for the past ten years
- Ross Stores +20.8% per year for the past ten years
- The TJX Companies +20.7% per year for the past ten years
- Starbucks +16.4% per year for the past ten years
- Best Buy Co +15.0% per year for the past ten full years
- Chipotle Mexican Grill +14.3% per year for the past ten years
- AutoZone +13.4% per year for the past ten years
- Dollar Tree +13.2% per year for the past ten years
- Ulta Beauty +13.1% per year for the past ten years
- CVS Health +13.1% per year for the past ten years
- Sherwin-Williams Co +12.0% per year for the past ten years
- The Kroger Co +11.2% per year for the past ten years
- Target Corp +10.1% per year for the past ten years
- O'Reilly Automotive's 8.4% per year for the past ten years
- Costco +7.1% per year for the past ten years
- Home Depot +6.5% per year for the past ten years
- Walmart +5.8% per year for the past ten years
- YUM! Brands +4.9% per year for the past ten years
- Lowe's Companies +4.2% per year for the past ten years
To fix Income Inequality driven mainly by Company and its Board of Director choices on Percentage Annual Pay Raises, the US Government should step in and pass wisely-designed Fair Pay Raise Income Inequality Narrowing Company tax incentives ..... the carrot ..... and Company wise tax disincentives ..... the stick.
And the continuing annual net tax revenues raised by the US Government here should be set up in a separate fund to be used only for wise additional income inequality narrowing initiatives. This fund should be run by an outside group made up entirely of minorities harmed the most by Income Inequality Expansion of the past decades .....all women, all blacks, all Latinos, all other non-white people, all past and present union members, all LGBTQ, all non-employee contract workers and all middle and lower income people of all ages.
Also, the US Government should require all US Corporate Boards to include at least one worker representative and to exclude any Company Executive.
I have researched and made posts on Top-Tier Executives Long-Term Average Annual Pay Raise per year for each of the 30 Dow Industrial Companies and for 22 of the largest Non-Dow Technology Companies.
I am now turning my attention to large Non-Dow, Non-Technology Companies and Albertson's Companies here completes my research and posts on US Retailers for now.
My objective is to get an even better handle on just why the US has such massive continuing Income Inequality Expansion ..... it appears to be predominantly about the relative long-term annual pay raise percentages, coupled with the stock price appreciation subsequent to the time the Top-Tier Executives were rewarded in their pay with stock equity compensation.
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Albertson's Companies
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2018
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2017
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2017
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2016
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2016
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2015
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Top-Tier
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Total
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Total
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Executive
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Robert Miller Chairman | 3,749 | 2,802 | 2,802 | 3,492 | 3,492 | 4,686 | ||
James Donald CEO | N/A | N/A | ||||||
Robert Dimon CFO | 3,953 | 1,317 | 1,317 | 1,378 | 1,378 | 19,199 | ||
Shane SampsonChief Mkting& Mdsing Officer | 4,188 | 6,410 | 6,410 | 1,481 | 1,481 | 27,997 | ||
Susan Morris COO | N/A | N/A | ||||||
Anuj Dhanda Chief Information Officer | 2,303 | 4,304 | N/A | N/A | ||||
Wayne Denningham Former President&COO | 9,946 | 7,999 | 7,999 | 15,103 | ||||
Robert Edwards From Safeway | ||||||||
Justin Dye Chief Administration Officer | ||||||||
Totals | 14,193 | 14,833 | 20,475 | 14,350 | 14,350 | 66,985 | ||
Annual % Change vs Prior Year | -4.3% | 42.7% | -78.6% | |||||
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Albertson's Companies
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2015
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2014
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2014
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2013
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2013
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2012
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Top-Tier
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Total
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Robert Miller Chairman | 4,686 | 103,300 | 103,300 | 6,067 | 6,067 | 2,034 | ||
James Donald CEO | ||||||||
Robert Dimon CFO | 19,199 | 2,015 | N/A | N/A | ||||
Shane SampsonChief Mkting& Mdsing Officer | 27,997 | 1,312 | 1,312 | 737 | N/A | N/A | ||
Susan Morris COO | ||||||||
Anuj Dhanda Chief Information Officer | ||||||||
Wayne Denningham Former President&COO | 15,103 | 9,345 | 9,345 | 1,024 | 1,024 | 956 | ||
Robert Edwards From Safeway | N/A | N/A | N/A | N/A | ||||
Justin Dye Chief Administration Officer | 23,778 | 12,227 | 12,227 | 5,746 | 5,746 | 1,296 | ||
Totals | 90,763 | 128,199 | 126,184 | 13,574 | 12,837 | 4,286 | ||
Annual % Change vs Prior Year | -29.2% | 829.6% | 199.5% | |||||
6 Year Average Per Year % Change | 160.0% |