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Stage Stores names interim CEO
HOUSTON — Stage Stores announced Michael Glazer has been appointed to the position of president and CEO on an interim basis. Glazer replaces the company’s former president and CEO, Andy Hall, who the company announced has resigned from both the company and its board of directors to pursue other interests.
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J.C. Penney’s Johnson paid $53 million last year
Plano, Texas -- Former Apple executive Ron Johnson, who became CEO of J.C. Penney in November, received $53.3 million in total compensation from the department store retailer last year.
Johnson received a base salary of $375,000 and $52.7 million in stock awards, according to a regulatory filing. His performance-based bonus was $236,000, which the company said was pro-rated based on his period of service during the fiscal year. He also received compensation valued at $13,000 for personal use of the company's aircraft.