Monday, July 22, 2019

Albertson's Companies Inc, Including Safeway, Jewel-Osco and Many More Grocers, Top-Tier Executives Average Pay Raise Was a Completely Off-the-Charts 160.0% Per Year During the Past Six Years

From compensation information in Company 10-K and S-1 filings with the SEC, the chart at the very bottom below shows Albertson's Companies Top-Tier Executives Annual Total Compensation for each of two consecutive full years of employment for the most recent six years.  

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:
  1. Amazon +659.0% per year for the past ten years
  2. Albertson's Companies +160.0% per year for the past six years
  3. Restaurant Brands Intl +38.9% per year for the past six years
  4. Dollar General +34.2% per year for the past ten years
  5. McDonald's +30.7% per year for the past ten years
  6. Walgreens Boots Alliance +22.2% per year for the past ten years
  7. Ross Stores +20.8% per year for the past ten years
  8. The TJX Companies +20.7% per year for the past ten years
  9. Starbucks +16.4% per year for the past ten years
  10. Best Buy Co +15.0% per year for the past ten full years
  11. Chipotle Mexican Grill +14.3% per year for the past ten years
  12. AutoZone +13.4% per year for the past ten years
  13. Dollar Tree +13.2% per year for the past ten years
  14. Ulta Beauty +13.1% per year for the past ten years
  15. CVS Health +13.1% per year for the past ten years
  16. Sherwin-Williams Co +12.0% per year for the past ten years
  17. The Kroger Co +11.2% per year for the past ten years
  18. Target Corp +10.1% per year for the past ten years
  19. O'Reilly Automotive's 8.4% per year for the past ten years
  20. Costco +7.1% per year for the past ten years
  21. Home Depot +6.5% per year for the past ten years
  22. Walmart +5.8% per year for the past ten years
  23. YUM! Brands +4.9% per year for the past ten years
  24. 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.


FYE
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Albertson's Companies
2018
2017
2017
2016
2016
2015
Top-Tier
Total
Total
Total
Total
Total
Total
Executive
Comp
Comp
Comp
Comp
Comp
Comp
$ 000s
$ 000s
$ 000s
$ 000s
$ 000s
$ 000s
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%
FYE
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Albertson's Companies
2015
2014
2014
2013
2013
2012
Top-Tier
Total
Total
Total
Total
Total
Total
Executive
Comp
Comp
Comp
Comp
Comp
Comp
$ 000s
$ 000s
$ 000s
$ 000s
$ 000s
$ 000s
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%