It’s the time of the year where you just might regret never aspiring to be head of a home shopping network:
It’s proxy time, when publicly traded companies disclose what they paid their executives.
According to papers filed with the Securities and Exchange Commission on Monday, HSN Inc. CEO Mindy Grossman received a tidy $5.4 million in executive compensation last year, up from $4.9 million in 2015. That included a $1.2 million base salary, with the rest in stock awards and Stock Appreciation Right, or SAR, options.
Bill Brand, president of HSN and chief marketing officer for HSN Inc., which includes not only the home shopping network but also the Cornerstone unit, got $1.6 million in executive comp, up from $1.6 million. His salary was $657,500, with the remainder stock and options.
And Judy Schmeling, president of Cornerstone and chief operating officer and chief financial officer of HSN Inc., was given $1.7 million in comp in 2016. That was an increase from $1.79 million in 2015.