ADVFN - Advanced Financial Network.
HOME» NASDAQ » S » SPLS Stock Price » SPLS Stock News

Staples Share News

 Staples (mm) Stock Price
SPLS Stock Price
 Staples (mm) Stock Chart
SPLS Stock Chart
 Staples (mm) Stock News
SPLS Stock News
 Staples (mm) Company Information
SPLS Company Information
 Staples (mm) Stock Trades
SPLS Stock Trades

Staples CEO Sargent's Fiscal 2011 Pay Drops 42% To $8.9 Million

By John Kell Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- Total pay for Staples Inc.'s (SPLS) Chairman and Chief Executive Ronald Sargent dropped 42% to $8.9 million in fiscal 2011 from the prior year, according to a filing with the Securities and Exchange Commission. The office-supplies retailer disclosed Sargent received a base salary of nearly $1.2 million, up 2.5% from fiscal 2010. He received restricted stock awards valued at almost $2.3 million at the grant date last year, far lower than $7.7 million the prior year. Stock option awards were flat at $3.4 million. Total pay for Chief Financial Officer John Mahoney slipped 36% to $4.1 million, while the figure declined 37% to $3.9 million for Chief Operating Officer Michael Miles Jr. The pay declines come after the company's stock stumbled 39% lower in 2011, though Staples has rallied a bit of late, to be up 16% this year and outperforming the broader market. Office suppliers like Staples, the largest chain in the U.S., are operating in an intensely competitive retail environment, a challenge compounded by declining demand for office products as governments contend with budget cuts and traditional supplies increasingly evolve into electronic forms. In February, Staples reported its fiscal fourth-quarter earnings rose 3.2%, held back by a weak performance abroad, which prompted layoffs in the key weak spots of Europe and Australia. -By John Kell, Dow Jones Newswires; 212-416-2480; john.kell@dowjones.com

Stock News for Staples (SPLS)
DateTimeHeadline
06/23/201608:00:00Katy Perry and Staples Unveil Public Service Announcement to...
06/21/201607:00:00Staples Debuts New Trends for 2016 Back-to-School Supplies at...
06/20/201618:00:41Statement of Changes in Beneficial Ownership (4)
06/20/201618:00:12Statement of Changes in Beneficial Ownership (4)
06/20/201617:59:46Statement of Changes in Beneficial Ownership (4)
06/20/201617:58:22Statement of Changes in Beneficial Ownership (4)
06/20/201617:57:55Statement of Changes in Beneficial Ownership (4)
06/20/201617:57:10Statement of Changes in Beneficial Ownership (4)
06/20/201617:56:19Statement of Changes in Beneficial Ownership (4)
06/20/201617:55:20Statement of Changes in Beneficial Ownership (4)
06/20/201617:54:19Statement of Changes in Beneficial Ownership (4)
06/20/201617:53:35Statement of Changes in Beneficial Ownership (4)
06/20/201617:52:33Initial Statement of Beneficial Ownership (3)
06/20/201617:51:38Initial Statement of Beneficial Ownership (3)
06/20/201617:50:47Initial Statement of Beneficial Ownership (3)
06/19/201622:50:00Antitrust Regulators Concerned About an Anthem-Cigna Merger
06/16/201612:07:00Staples Partners with United Way Locations Across North America...
06/15/201616:34:22Current Report Filing (8-k)
06/14/201616:45:00Staples, Inc. Announces Second Quarter 2016 Dividend
06/14/201606:57:00Staples to Roll Out Same-Day Delivery Service “Staples RushSM”

Staples and other NASDAQ stock quotes are delayed by at least 20 minutes.
All other stock price and quote data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad