Saturday, July 20, 2019

Dollar Tree Inc's Top-Tier Executives Average Pay Raise Was a Robust 13.2% Per Year During the Past Ten Years (2009-2018)

From Company Proxy Statement filings with the SEC, the chart at the very bottom below are Dollar Tree Inc's Top-Tier Executives Annual Total Compensation for each of two consecutive full years of employment for the most recent ten years.

Dollar Tree's Top-Tier Executives Average Annual Pay Raise of a robust 13.2% per year over the past 10 years is the 8th highest of the 17 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. Dollar General +34.2% per year for the past ten years
  3. McDonald's +30.7% per year for the past ten years
  4. Walgreens Boots Alliance +22.2% per year for the past ten years
  5. Ross Stores +20.8% per year for the past ten years
  6. The TJX Companies +20.7% per year for the past ten years
  7. Starbucks +16.4% per year for the past ten years
  8. Dollar Tree +13.2% per year for the past ten years
  9. CVS Health +13.1% per year for the past ten years
  10. The Kroger Co +11.2% per year for the past ten years
  11. Target Corp +10.1% per year for the past ten years
  12. O'Reilly Automotive's 8.4% per year for the past ten years
  13. Costco +7.1% per year for the past ten years
  14. Home Depot +6.5% per year for the past ten years
  15. Walmart +5.8% per year for the past ten years
  16. YUM! Brands +4.9% per year for the past ten years
  17. 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 I have started with the US Retailers.  

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 FYE FYE FYE FYE FYE FYE FYE FYE FYE
Dollar Tree 2018 2017 2017 2016 2016 2015 2015 2014 2014 2013
Top-Tier Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Gary Philbin CEO       9,399       7,735       7,735       9,661       9,661       4,725       4,725       3,670       3,670       3,338
Kevin Wampler CFO       3,079       3,392       3,392       2,855       2,855       3,000       3,000       2,503       2,503       2,241
Bob Sasser Executive Chairman     10,988     12,723     12,723     10,582     10,582       9,530       9,530       7,814       7,814       7,218
Duncan Mac Naughton PresFamilyDollarStrs       3,784       4,246  N/A   N/A         
Michael Witynski Pres Dollar Tree Stores       3,068       2,709  N/A   N/A 
Robert Rudman ChiefGlobalProductsOfficer       3,316       3,035       3,035       3,126       3,126       2,755       2,755       2,500
Michael Matacunas Chief Admin Officer               2,376       1,800  N/A   N/A 
 Totals      30,318     30,805     27,166     26,133     26,133     20,381     22,757     18,542     16,742     15,297
Annual % Change vs Prior Year -1.6% 4.0% 28.2% 22.7% 9.4%
5 Year Average Per Year % Change 12.6%
FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
Dollar Tree 2013 2012 2012 2011 2011 2010 2010 2009 2009 2008
Top-Tier Total Total Total Total Total Total Total Total Total Total
Executive Comp Comp Comp Comp Comp Comp Comp Comp Comp Comp
$ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s $ 000s
Gary Philbin CEO       3,338       2,774       2,774       2,493       2,493       2,266       2,266       1,820       1,820       1,960
Kevin Wampler CFO       2,241       2,059       2,059       1,839       1,839       1,824       1,824       2,060  N/A   N/A 
Bob Sasser Executive Chairman       7,218     16,890     16,890       6,144       6,144       5,964       5,964       4,728       4,728       4,445
Robert Rudman Chief Merchandising Officer       2,500       2,329       2,329       2,106       2,106       1,934       1,934       1,544       1,544       1,616
Michael Matacunas Chief Admin Officer  N/A   N/A 
Stephen White Chief Logistics Officer       1,364       1,230       1,230       1,199       1,199       1,041       1,041       1,237
 Totals      15,297     24,052     25,416     13,812     13,812     13,187     13,187     11,193       9,133       9,258
Annual % Change -36.4% 84.0% 4.7% 17.8% -1.4%
5 Year Average Per Year % Change 13.8%
10 Year Average Per Year % Change 13.2%



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