Diane M. Sullivan, born in 1966, has been at the helm of Caleres Inc. since 2011, holding multiple roles including CEO, President, and now Executive Chair. She came to Caleres with a wealth of experience from previous leadership positions, notably...

Number of Employees

9.2K

Year

2023

Total Compensation

$13.85M

Salary

$815.39K

Board Justification

The compensation philosophy aims to attract and retain executive talent by setting competitive compensation levels and aligning executive interests with long-term shareholder outcomes.

Bonus

$0.00

Board Justification

No bonuses were awarded to any of the NEOs for 2023.

Other

$327.18K

Board Justification

Other compensation includes financial and tax planning services and personal use of the Company’s aircraft.

Restricted Stock

$12.71M(180K Restricted Stock)

Board Justification

Vested stock awards during 2023 included restricted stock that vested based on service requirements, with 50% vesting after two years and the remaining 50% after three years.

Performance Metrics

The annual incentive plan is based on achieving Adjusted EPS and Net Sales as performance metrics.

SEC Filing

From April 11, 2024