Dillard's paid CEO $2.25M in 2017
Dillard's Inc. Chairman and Chief Executive Officer William Dillard II earned $2.25 million in total compensation in 2017, according to an annual proxy statement filed with the U.S. Securities and Exchange Commission.
Dillard earned a base salary of $1 million, $928,000 in nonequity incentive plan compensation and $196,106 in other compensation. He also received $126,366 in stock awards.
His total compensation was 215 times the median pay for company employees in 2017, according to the proxy statement. The disclosure was required under the Dodd-Frank financial law.
Alex Dillard, the company's president, earned $2.23 million, while executive vice presidents Mike Dillard and Drue Matheny earned $1.33 million and $1.3 million, respectively. Chris Johnson and Phillip Watts, the company's co-principal financial officers, earned $749,000 and $735,000, respectively.
Dillard's will hold its annual shareholders meeting May 19 in Little Rock.
-- Robbie Neiswanger
Deadline for USDA survey approaches
An April 30 deadline looms for farmers across the nation to respond to the U.S. Census of Agriculture, a survey sent to producers every five years.
"Our diverse agricultural production ranges from livestock, poultry, aquaculture, row crops, specialty crops and forestry," Wes Ward, secretary of the Arkansas Agriculture Department, said in a news release. "It is important that we have reliable data to quantify the many ways that our diverse production contributes to the economy."
The Census of Agriculture looks at land use and ownership, operator characteristics, production practices, and income and expenditures.
The U.S. Department of Agriculture's statistics arm said this week that Arkansas had completed about 51 percent of surveys sent to producers, compared to the national rate of 54 percent.
Everyone who received the 2017 Census of Agriculture questionnaire is required to complete the survey, the USDA said.
-- Stephen Steed
State index retreats 8.71; trucker gains
The Arkansas Index, a price-weighted index that tracks the largest public companies based in the state, dropped 8.71 to 396.27 Friday.
Fourteen stocks fell and three advanced.
USA Truck gained 5.9 percent in average volume and Acxiom fell 5.4 percent in high volume.
For the week, 11 stocks fell and six advanced.
Windstream rose 5.7 percent for the week and J.B. Hunt fell 6.2 percent.
The index was developed by Bloomberg News and the Democrat-Gazette with a base value of 100 as of Dec. 30, 1997.
Business on 04/07/2018