HSN CEO Mindy Grossman Made $5.6 Million Last Year

There’s nothing that delights a financial reporter more than seeing that a public company such as HSN has filed a proxy statement. That’s because these documents include executive compensation.

We usually read them and weep, regretting our decision to go into journalism instead of becoming a corporate bigwig like Mindy Grossman.

HSN CEO Mindy Grossman

HSN CEO Mindy Grossman

HSN’s CEO last year received total compensation of $5,628,679, actually a drop down from her 2011 comp of $6,179,244, according to a filing Monday with the Securities and Exchange Commission.


Grossman, 55, in 2012 received a base salary of $1.2 million, the same as the prior year. But her “non-equity incentive plan compensation” dropped to $1,140,000 from $1.8 million in 2011.

Grossman also received $288,667 in other compensation, which included $286,345 in relocation expenses.

Judy Schmeling, HSN’s chief financial officer, also took a small haircut on her pay.

Last year she received $1,601,332 in executive compensation, with a $650,000 base salary, up from $575,000 in 2011. Her non-equity incentive plan comp also declined, to $561,314 from $835,993.

Not too shabby, girlfriends.


Tags: , , , , ,

2 Responses to “HSN CEO Mindy Grossman Made $5.6 Million Last Year”

  1. Julia Says:

    Not too shabby for a woman, but I bet if it were a man the salary would be even higher.

  2. claire Says:

    Based on the crappy results at both QVC and HSN I would say both CEOs are incredibly overpaid and overrated.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: