Marvin Ellison's Base Salary
Marvin Ellison is the Chairman and CEO of Lowe's Companies, Inc. His annual base salary is set by the company's board of directors and disclosed in regulatory filings. As of the most recent proxy statement, his base salary is in the low millions of dollars, reflecting the scale of Lowe's operations.
Total Compensation and Incentives
His total compensation includes base salary, annual bonus, stock awards, and other benefits. The annual bonus is typically tied to company performance metrics and personal goals. Stock awards are a major component, aligning his pay with long-term shareholder returns. Exact figures vary each year and are detailed in the company's DEF14A filing.
Comparing Executive Pay
Ellison's pay package is benchmarked against peers in the retail sector. Investors and analysts often review these figures to assess board decisions. The proxy statement provides context for how his compensation compares to other large-cap retailers. For detailed breakdowns, the company's annual meeting materials are the primary source.
