What Can We Conclude About Wolverine World Wide’s (NYSE:WWW) CEO Pay?

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See our latest analysis for Wolverine World Wide How Does Total Compensation For Blake Krueger Compare With Other Companies In The Industry? According to our data, Wolverine World Wide, Inc. has a market capitalization of US$1.9b, and paid its CEO total annual compensation worth US$9.4m over the year to December […]

NYSE:WWW) since 2007. This analysis will also look to assess whether the CEO is appropriately paid, considering recent earnings growth and investor returns for Wolverine World Wide.” data-reactid=”28″>This article will reflect on the compensation paid to Blake Krueger who has served as CEO of Wolverine World Wide, Inc. (NYSE:WWW) since 2007. This analysis will also look to assess whether the CEO is appropriately paid, considering recent earnings growth and investor returns for Wolverine World Wide.

See our latest analysis for Wolverine World Wide ” data-reactid=”29″> See our latest analysis for Wolverine World Wide

How Does Total Compensation For Blake Krueger Compare With Other Companies In The Industry?

According to our data, Wolverine World Wide, Inc. has a market capitalization of US$1.9b, and paid its CEO total annual compensation worth US$9.4m over the year to December 2019. That’s a fairly small increase of 6.3% over the previous year. We think total compensation is more important but our data shows that the CEO salary is lower, at US$1.2m.

On examining similar-sized companies in the industry with market capitalizations between US$1.0b and US$3.2b, we discovered that the median CEO total compensation of that group was US$6.8m. This suggests that Blake Krueger is paid more than the median for the industry. What’s more, Blake Krueger holds US$22m worth of shares in the company in their own name, indicating that they have a lot of skin in the game.

Component 2019 2018 Proportion (2019)
Salary US$1.2m US$1.2m 12%
Other US$8.3m US$7.7m 88%
Total Compensation US$9.4m US$8.9m 100%

Talking in terms of the industry, salary represented approximately 30% of total compensation out of all the companies we analyzed, while other remuneration made up 70% of the pie. In Wolverine World Wide’s case, non-salary compensation represents a greater slice of total remuneration, in comparison to the broader industry. If total compensation is slanted towards non-salary benefits, it indicates that CEO pay is linked to company performance.

A Look at Wolverine World Wide, Inc.’s Growth Numbers

Over the past three years, Wolverine World Wide, Inc. has seen its earnings per share (EPS) grow by 10% per year. Its revenue is down 1.8% over the previous year.

this free visualization of analyst forecasts.” data-reactid=”54″>This demonstrates that the company has been improving recently and is good news for the shareholders. While it would be good to see revenue growth, profits matter more in the end. Historical performance can sometimes be a good indicator on what’s coming up next but if you want to peer into the company’s future you might be interested in this free visualization of analyst forecasts.

Has Wolverine World Wide, Inc. Been A Good Investment?

Given the total shareholder loss of 15% over three years, many shareholders in Wolverine World Wide, Inc. are probably rather dissatisfied, to say the least. So shareholders would probably want the company to be lessto generous with CEO compensation.

To Conclude…

As we noted earlier, Wolverine World Wide pays its CEO higher than the norm for similar-sized companies belonging to the same industry. But the company has impressed with its earnings per share growth, but shareholder returns — over the same period — have been disappointing. Although we’d stop short of calling it inappropriate, we think Blake is earning a very handsome sum.

4 warning signs for Wolverine World Wide that you should be aware of before investing.” data-reactid=”59″>CEO compensation can have a massive impact on performance, but it’s just one element. That’s why we did some digging and identified 4 warning signs for Wolverine World Wide that you should be aware of before investing.

list of interesting companies. ” data-reactid=”60″>Of course, you might find a fantastic investment by looking at a different set of stocks. So take a peek at this free list of interesting companies.

Get in touch with us directly. Alternatively, email [email protected].” data-reactid=”65″>This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

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