Robert J. Dennis has been the CEO of Genesco Inc. since 2008. With a background in business, he has led the company through various market challenges. His approach to compensation aligns the CEO's pay with the company's performance, which is...
Robert J. Dennis has been the CEO of Genesco Inc. since 2008. With a background in business, he has led the company through various market challenges. His approach to compensation aligns the CEO's pay with the company's performance, which is reflected in the structure of his earnings over the years. In 2020, his total compensation was around $1.15 million, which included his salary and bonuses based on performance metrics like revenue growth. He had a notable spike in his earnings in 2019, where his total compensation reached about $5.57 million. This was largely due to a significant amount of restricted stock vesting. Over the years, Dennis has also been active in insider trading, with the value of his holdings peaking at nearly $22.80 million in late 2021. This shows he has confidence in the company’s future and his leadership. The performance-driven nature of his compensation and trading activity suggests a strong alignment with the interests of shareholders, aiming to create value over time.