Executive Compensation Report | REI Co-op

The Co-op’s long-held compensation philosophy prioritizes higher market-range pay for hourly employees - who are integral to our member and customer engagement – over executive pay. …

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Eric Artz Has Got To Go : R/REI - Reddit

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The REI Cooperative Action Fund donated $2.9 million to 31 nonprofits during FY’21 and FY’22. All of this information is publicly available. here. 2nd Edit: If you're concerned about the future …

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EXEC: REI Co-Op Sales Ticked Lower In 2023; Loss Widens

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Apr 30, 2024 · The co-op also released its 2023 Impact Study outlining several important measures for its members. The report said that REI invested nearly $270 million back into the …

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Executive Compensation - REI Co-op

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the co-op’s financial health. REI took the following compensation actions, effective in 2020: • Eric Artz, President & CEO, forfeited 100% of his base salary for six months and all his incentive …

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REI Releases Financials; Soaring Revenue Reflects Industry Growth

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Apr 14, 2022 · In documents released April 12, REI Co-op reported it made $3.7 billion in revenue in 2021. That’s a 20% increase from 2019 and a 36% hike from 2020.

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REI: A Life Outdoors Is A Life Well Lived | REI Co-op

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Become an REI Co-op Member today and earn a $30 bonus card—plus a lifetime of benefits. Join now. message 4 of 4. Earn 5% in card rewards 1 -even on sale items-with the REI Co-op ...

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FAQs about Executive Compensation Report | REI Co-op Coupon?

How is executive compensation determined at REI?

At REI, executive compensation is set at the median of the market. The board also considers other factors when determining pay: co-op performance, individual performance, internal equity, and co-op values. ...

What is REI Co-op?

REI Co-op is a place where every person shapes the future of the outdoors for all. Come shape the future of the outdoors. “I've spent the last six and a half years working for the Co-op. The kindred spirit of curiosity and adventure that I share with my co-workers has kept me with REI. ...

Why should you work at REI Co-op?

When you work for the co-op, you do your best work with the support to live your best life. And you play a part in shaping the future of the outdoors, for people and our planet. REI Co-op is a place where every person shapes the future of the outdoors for all. Come shape the future of the outdoors. ...

Does Rei pay for performance?

REI has a pay-for-performance philosophy, and the majority of compensation for executives is directly dependent on the performance of the co-op relative to its annual and long-term plans. One way they disclose this is by publicly reporting the compensation of their most highly-paid leaders. ...

How does Rei pay its executive officers?

REI compensates its executive officers by providing four key elements of pay. These are: Base salary; Annual cash incentive bonus (Summit Incentive Plan) contingent on REI’s annual results; ...

How much money did REI Co-op make in 2023?

SEATTLE, April 30, 2024 /PRNewswire/ -- REI Co-op today released its 2023 Impact Report and financial results, closing the year with $3.76 billion in net sales and nearly $270 million invested back into the co-op community. ...