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Limited Brands’ CEO pay package nearly doubles
New York City -- Lexlie Wexner, 73, the CEO and founder of Limited Brands, received a 2010 pay package nearly double the year before, according to an analysis by The Associated Press. The increase came as business improved for the parent of Victoria's Secret and Bath and Body Works.
Wexner's total compensation totaled $20.1 million, up from $10.4 million in 2009, because of a hefty increase in stock and option awards and a higher performance-based bonus.
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Finish Line looking for new e-commerce leader
INDIANAPOLIS -- Finish Line announced that Don Courtney will retire as president e-commerce, following a transition period. Courtney will remain in his current role throughout the transition as the company conducts a search for his successor. He will continue to report to Finish Line president and chief merchandising officer Sam Sato. The e-Commerce leadership team that reports to Courtney remains in place.