As the Chief Operating Officer at J.C. Penney, Michael Kramer earned a total compensation of $33,370,607 in 2011.

Of this total, $159,091 was earned as salary, $4,000,000 was received as a bonus, $29,140,009 was awarded as stock, $71,507 was awarded from non-equity incentive plan.

Mr. Kramer became Chief Operating Officer on December 5, 2011.

Michael Kramer worked with Myron Ullman, Daniel Walker, Michael Francis, Michael Dastugue, and Ronald Johnson at J.C. Penney in 2011.


Distribution
History
Compensation Data Fiscal 2011 Ends: Jan 31
  • Salary$159,091
  • Bonus$4,000,000
  • Stock Awards$29,140,009
  • Non-Equity Incentive$71,507
  • Total$33,370,607
Company
J.C. Penney
Industry
Other Specialty Retailers
Sector
Cyclical Consumer Goods & Services