Mark L. Lemond served as the President and CEO of Shoe Carnival from 2001 until his retirement in 2012. Under his leadership, the company saw significant growth in the retail footwear market. Lemond's journey at Shoe Carnival was marked by...

Current Market Cap

$914.42M

Number of Employees

5.3K

Total Compensation

2008 - 2012

Trending up by 90.49% last year
Showing total compensation for the last 2008 - 2012

Stock

Up by 0.00% last year

Salary

Down by -11.25% last year

Bonus

Down by -100.00% last year

Other

Up by 1061.53% last year

Year

2012

Total Compensation

$2.27M

Salary

$687.83K

Board Justification

The compensation philosophy is designed to attract, retain, and motivate the finest talent possible while aligning executive compensation with the company's performance and shareholder interests.

Bonus

$0.00

Board Justification

Mr. Lemond did not receive a payout for fiscal 2012 under the Executive Incentive Compensation Plan due to his retirement prior to the end of the fiscal year.

Other

$1.58M

Board Justification

Includes a lump sum cash severance payment of $1,000,000 and an additional lump sum cash payment of $425,000 in accordance with his employment agreement, as well as health and dental benefits for up to 18 months.

Restricted Stock

$0.00(0 restricted stock)

Board Justification

Mr. Lemond's retirement resulted in the forfeiture of 77,500 shares of unvested restricted stock, including the 37,500 shares of unvested restricted stock he was awarded in fiscal 2012.

Performance Metrics

Operating Income before officer bonus expense was selected as the business criteria for all officers included in the Executive Incentive Compensation Plan.

SEC Filing

From May 3, 2013

Mark L. Lemond

Ex-CEO of Shoe Carnival

ML

Education

Not specified

Field of Expertise

Consumer Goods & Retail - Retail

Born

January 1, 1953 - 71 years ago

Is Founder?

No

Tenure

11 years 4 months (Jun 2001 - Oct 2012)

Previous Experience

Executive Vice President – General Merchandise Manager, Shoe Carnival, Inc.