Sponsors
Billabong ▼ -0.010 | PPR ▼ -2.20 | American Apparel ▼ -0.020 | The Buckle ▼ -0.85 | Columbia ▼ -1.34 | Deckers Outdoor ▲ +1.09 | Dicks ▼ -0.65 | Foot Locker ▼ -0.56 | Genesco ▼ -0.67 | Iconix Brand Group ▼ -1.22 | Jarden Corp ▲ +0.01 | Nordstrom ▲ +0.11 | Luxottica ▼ -0.58 | Nike ▼ -0.16 | Pacific Sunwear ▲ +0.07 | Skullcandy ▼ -0.12 | Sport Chalet - 0 | Urban Outfitters ▼ -0.44 | VF Corp ▲ +0.13 | Quiksilver ▼ -0.01 | Zumiez ▼ -0.33 | Macys ▼ -0.46 | Tillys ▼ -0.14 |
Readers Say
I waited too long to sign up for Executive Edition
I waited too long to sign up for Executive Edition

I read Shop-Eat-Surf at every opportunity, and I waited too long to sign up for the Executive Edition. It’s timely, relevant and clearly “from the industry, for the industry.

- By Andy Laats, President, Nixon
Keeps me in the loop
Keeps me in the loop

Being an Executive Edition member allows me to not miss a beat when it comes to the Industry business news. Definitely keeps me in the loop plus goes great with my morning joe.

- By Tony Perez, Surfer and Surfing magazines
Industry Insight

CFA, WELLS FARGO: Invitation to next "Crystal Ball" breakfast session, "Private Label vs Branded Manufacturing."

STOKES ME: SIMA Humanitarian Fund campaign kicks off this week with "Add-A-Buck" promotions in 76 core-store doors.

Details on Industry Insight.


Tiffany Montgomery
Print This Article

Volcom board reinstates executive salaries

By Tiffany Montgomery
February 03, 2010 6:24 AM

The Volcom Board of Directors has reinstated the salaries of Volcom’s executive team that had been previoulsy reduced in February 2009 because of the recession.

The reinstated base salaries do not include any raises from levels set in January 2009 except for CEO Richard Woolcott.

The board gave him a $6,260 increase from his decreased salary effective March 2009. So his reinstated salary is $2,597 higher than it was in January 2009.

Here are the 2010 base salaries for the executive team:

CEO/Chairman Richard Woolcott: $447,017

President/COO Jason Steris: $353,420

CFO/EVP Douglas Collier: $336,000

EVP of Sales Tom Ruiz: $336,000

EVP Marketing Troy Eckert: $336,000

To find out what other executives in action sports make, read our executive compensation series that ran earlier this year in Executive Edition.

 


Articles You Might Have Missed