Sears Hometown, Outlet CEO Sees Compensation Rise 40%
The CEO of Sears Hometown and Outlet Stores saw his compensation rise by 40 percent, to $1.5 million, last year as the company spun off from Sears Holdings.
W. Bruce Johnson, who also is president, took home a base salary of $1.02 million, up slightly from 2011. He didn’t receive any stock awards in either year, and his perks rose just slightly. The value of his extras was $37,167 last year compared with $31,575 the year before and included company-paid transportation to and from Johnson’s Chicago home and Sears’ headquarters in Hoffman Estates.