John W. Schmidt has been leading Caleres Inc since January 2023, bringing a focused vision to the footwear company. Born in 1961, not much is publicly shared about his educational background, but his experience in the business sector speaks volumes....
John W. Schmidt has been leading Caleres Inc since January 2023, bringing a focused vision to the footwear company. Born in 1961, not much is publicly shared about his educational background, but his experience in the business sector speaks volumes. His approach to leadership is reflected in the company's compensation philosophy, which aims to attract top talent and reward performance tied to shareholder value. In 2023, John earned a total compensation of $7.8 million, including a salary of $1.1 million and various other benefits. Although no bonuses were offered this year, he secured significant stock grants worth $4 million, showcasing confidence in the company's future. This reflects a strategic mindset that prioritizes long-term success over short-term gains.