Attached files
| file | filename |
|---|---|
| 10-K - FORM 10-K - PACIFIC SUNWEAR OF CALIFORNIA INC | a58849e10vk.htm |
| EX-32.1 - EX-32.1 - PACIFIC SUNWEAR OF CALIFORNIA INC | a58849exv32w1.htm |
| EX-21.1 - EX-21.1 - PACIFIC SUNWEAR OF CALIFORNIA INC | a58849exv21w1.htm |
| EX-23.1 - EX-23.1 - PACIFIC SUNWEAR OF CALIFORNIA INC | a58849exv23w1.htm |
| EX-31.1 - EX-31.1 - PACIFIC SUNWEAR OF CALIFORNIA INC | a58849exv31w1.htm |
| EX-10.19 - EX-10.19 - PACIFIC SUNWEAR OF CALIFORNIA INC | a58849exv10w19.htm |
EXHIBIT 10.20
SUMMARY OF NAMED
EXECUTIVE OFFICERS’ COMPENSATION FOR FISCAL 2010
Base Salaries. Following are the current
annual base salaries for the executive officers employed by
Pacific Sunwear of California, Inc. (the “Company”) as
of March 31, 2011, who will be included in the
Company’s proxy statement to be filed with the Securities
and Exchange Commission for the Company’s 2011 Annual
Meeting of Shareholders (the “Named Executive
Officers”):
|
Named Executive Officer
|
Title | Annual Base Salary | ||||||
|
Gary H. Schoenfeld
|
President, Chief Executive Officer and Director | $ | 1,050,000 | |||||
|
Charles Mescher
|
Senior Vice President, Men’s Merchandising | $ | 400,000 | |||||
|
Christine Lee
|
Senior Vice President, Women’s Merchandising | $ | 375,000 | |||||
|
Jonathan Brewer
|
Senior Vice President, Operations | $ | 372,000 | |||||
|
Michael L. Henry
|
Senior Vice President, Chief Financial Officer | $ | 300,000 | |||||
Annual Bonuses. The Company provides each of
the Named Executive Officers with an annual incentive bonus
opportunity pursuant to a broad-based bonus plan which covers
the other executives of the Company and non-retail managers of
the Company. Actual bonus amounts are determined by a
combination of (i) the Company’s achievement of a
pre-set financial target, (ii) the individual’s
achievement of personal goals, and (iii) in some cases, the
achievement of financial goals of the individual’s
department. All bonuses are approved by the Compensation
Committee of the Company’s Board of Directors.
Mr. Schoenfeld’s target incentive bonus is 100% of his
base salary with a maximum incentive bonus of 200% of his base
salary. All other Named Executive Officers have a target
incentive bonus of 50% of his or her base salary with a maximum
incentive bonus of 100% of his or her base salary.
Additional Compensation. The Named Executive
Officers are also entitled to participate in various Company
plans, including equity plans, and may be subject to other
written agreements, in each case as set forth in exhibits to the
Company’s filings with the Securities and Exchange
Commission. In addition, the Named Executive Officers may be
eligible to receive perquisites and other personal benefits as
disclosed in the Company’s proxy statements filed with the
Securities and Exchange Commission in connection with the
Company’s annual meetings of shareholders.