CEO Pay Watch Regis Corp.
Daniel Hanrahan, president, CEO
Total compensation: $2,124,958 for the year ended June 30
Salary: $801,904
Bonus: $1,062,500
Other compensation: $260,554
New stock options: 150,000
Total fiscal 2013 return to shareholders: –7.5 percent
Note: Hanrahan was recruited from Celebrity Cruises last year to become CEO of the struggling hair salon company. He was appointed CEO on Aug. 6, 2012, and was given an initial salary rate of $850,000 per year and the potential to earn an annual bonus that is 125 percent of his annual salary.
As part of his hiring package, his annual bonus for the year ended June 30 was guaranteed and his other compensation included $174,555 of relocation expenses. Hanrahan's salary and bonus target for fiscal 2014 will be the same as last year, a salary of $850,000 and a bonus target of 125 percent of his base salary: $1,062,500.
