Executive Compensation - REI Co-op

This section describes fiscal year 2022 executive compensation for the NEOs. REI’s NEOs for 2022 are: • President & CEO: Eric Artz • EVP Chief Customer Officer: Ben Steele ... REI’s …

CouponFollow Extension

$2
OFF

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

1 week from now

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 …

reddit.com

$270
OFF

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

1 week from now

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 …

sgbonline.com

$3
OFF

REI Releases Financials; Soaring Revenue Reflects Industry Growth

1 week from now

Apr 14, 2022 · REI’s financial report for 2021 is a clear sign of growing interest in the outdoors. In documents released April 12, REI Co-op reported that it made $3.7 billion in revenue in 2021. …

gearjunkie.com

$9136740
OFF

You Guys Are Working Towards Unionization Eh? : R/REI - Reddit

1 week from now

REI has 15,000 employees. I literally just used your numbers that you pulled from the executive compensation report. $9,136,740 in executive compensation divided by 15,000 employees is …

reddit.com

100%
OFF

Executive Compensation - REI Co-op

1 week from now

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 …

rei.com

$15
OFF

The REI CEO Makes Too Much Money And We Need To Change That …

1 week from now

Steven Rendle (CEO of The North Face) makes $15 million/year ($4 million cash, the rest equity) The North Face does about $14 billion/year in revenue. Steven Miller (CEO of Big 5 Sporting …

reddit.com

FAQs about Executive Compensation - 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. ...

Who oversees the executive compensation at REI?

REI's executive compensation is overseen by the board of directors through the Compensation Committee. The Compensation Committee, guided by their charter and REI’s executive compensation philosophy, engages an independent compensation consultant to challenge, confirm and advise the board on executive compensation issues. ...

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; ...