Kroger 2011 Annual Report Download - page 31

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29
CO M P E N S A T I O N C O M M I T T E E R E P O R T
The Compensation Committee has reviewed and discussed with management of the Company the
Compensation Discussion and Analysis contained in this proxy statement. Based on its review and discussions
with management, the Compensation Committee has recommended to the Company’s Board of Directors that
the Compensation Discussion and Analysis be included in the Company’s proxy statement and incorporated
by reference into its annual report on Form 10-K.
Compensation Committee:
John T. LaMacchia, Chair
Robert D. Beyer
Jorge P. Montoya
Clyde R. Moore
James A. Runde
EX E C U T I V E CO M P E N S A T I O N
SU M M A R Y CO M P E N S A T I O N TA B L E
The following table shows the compensation of the Chief Executive Officer, Chief Financial Officer and
each of the Company’s three most highly compensated executive officers other than the CEO and CFO (the
“named executive officers”) during the fiscal years presented:
SU M M A R Y CO M P E N S A T I O N TA B L E
Name and Principal
Position Year
Salary
($)
Bonus
($)
Stock
Awards
($)
Option
Awards
($)
Non-Equity
Incentive Plan
Compensation
($)
Change in
Pension
Value and
Nonqualified
Deferred
Compensation
Earnings
($)
All Other
Compensation
($)
Total
($)
(2) (3) (4) (5) (6)
David B. Dillon 2011 $1,273,871 $3,130,540 $1,716,693 $2,699,153 $3,088,686 $115,600 $12,024,543
Chairman and CEO 2010 $1,256,548 $2,070,880 $1,201,240 $ 808,020 $2,156,625 $ 58,027 $ 7,551,340
2009 $1,239,822 $2,569,100 $1,494,000 $1,234,000 $3,637,731 $172,430 $10,347,083
J. Michael Schlotman 2011 $ 631,371 $ 503,801 $ 276,269 $1,002,310 $ 990,524 $ 31,255 $ 3,435,530
Senior Vice President 2010 $ 590,295 $ 225,096 $ 130,570 $ 277,368 $ 578,541 $ 13,815 $ 1,815,685
and CFO 2009 $ 556,280 $ 223,400 $ 132,800 $ 461,125 $ 795,146 $ 42,609 $ 2,211,360
W. Rodney McMullen 2011 $ 899,113 $1,009,368 $ 553,506 $1,821,903 $1,768,792 $ 38,957 $ 6,091,639
President and COO 2010 $ 887,562 $ 630,268 $ 365,595 $ 538,680 $ 953,159 $ 20,875 $ 3,396,139
2009 $ 875,062 $2,345,700 $ 431,600 $ 846,368 $1,335,103 $ 56,639 $ 5,890,472
Paul W. Heldman 2011 $ 730,682 $ 479,075 $ 262,710 $1,110,126 $1,374,309 $ 68,346 $ 4,025,248
Executive Vice 2010 $ 716,044 $ 270,115 $ 156,684 $ 296,274 $ 875,646 $ 33,777 $ 2,348,540
President, Secretary 2009 $ 697,638 $ 279,250 $ 166,000 $ 580,730 $1,275,773 $ 99,199 $ 3,098,590
and General Counsel
Michael J. Donnelly(1) 2011 $ 550,820 $500,000(7) $ 341,788 $ 214,042 $ 695,395 $ 470,003 $910,395 $ 3,682,443
Senior Vice President
of Merchandising
(1) Mr. Donnelly was President of the Company’s Ralphs division until he was elected Senior Vice President
of Merchandising on June 23, 2011. The amounts in the table reflect his compensation during all of fiscal
year 2011.
(2) The stock awards reflected in the table consist of both time-based and performance-based awards
granted under the Company’s long-term incentive plans. With respect to time-based awards, or restricted
stock, the aggregate grant date fair value computed in accordance with FASB ASC Topic 718 is as follows:
Mr. Dillon: $2,631,099; Mr. Schlotman: $423,425; Mr. McMullen: $848,335; Mr. Heldman: $402,644, and
Mr. Donnelly: $297,127.