ShopNBC’s New Chief Operating Officer Will Pocket $420,000 Base Salary

ShopNBC has promoted QVC alum Carol Steinberg, raising her base salary to $420,000 a year. That’s not chump change, folks.

Steinberg, 52, as of Oct. 8 was named the home shopping channel’s chief operating officer, according to a filing with the Securities and Exchange Commission. Previously, she served as the company’s executive vice president of Internet, marketing & human resources since June 2011.

Steinberg joined ShopNBC as senior vice president of e-Commerce, marketing and business development in June 2009.

Prior to joining the home shopping network, Steinberg was vice president at David’s Bridal from September 2006 to June 2009, where she expanded its Internet presence by designing and implementing marketing and merchandising strategies that drove traffic in store and online.

Prior to that position, Steinberg spent 12 years at QVC from July 1994 to September 2006, most recently having served as the director of online marketing and business development.

In connection with the promotion, ShopNBC’s board approved an increase to Steinberg’s annualized base salary to $420,000 and an increase to her target bonus opportunity equal to 65 percent of her base salary. She will also receive 30,000 shares of restricted stock, which will vest in equal installments over a two-year period.

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One Response to “ShopNBC’s New Chief Operating Officer Will Pocket $420,000 Base Salary”

  1. Kristine Says:

    My dad was a COO and part owner of a company and didn’t make nearly that much moolah!! His company was also one of the most successful in the area in their field!😉

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