Most of the retail chief’s compensation for 2021 came in the form of stock and option awards.
Sonia Syngal, Gap Inc.’s chief executive officer, logged total compensation of $18.3 million last year — a 16.6 percent drop from her 2020 payday of nearly $22 million.
As is typical, most of the CEO’s pay came in the form of stock awards and options, which were valued at a total of $14 million when they were granted. But whether she’ll see that full value will depend on the stock price — and therefore the company’s — performance. The rest of Syngal’s compensation was made up of a $1.3 million salary, incentive pay of $2.8 million and other compensation of $97,235, including $32,018 for personal use of company aircraft. when the plan to split the company in two was undone.
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