How Much Does The J.Crew Team Make?

If you were ever curious about how much the executives at J.Crew earn, here is a glimpse of their retail experience and what they take home per year. All I have to say is, it's good to be them! ;)

Millard S Drexler
63 years old
CEO/Chairman of the Board/Director at J.Crew Group, Inc.
New York, New York
Officer since January 2003
Director since March 2003

"Mr. Drexler has been our Chief Executive Officer, Chairman of the Board and a director since 2003. Before joining J.Crew, Mr. Drexler was Chief Executive Officer of The Gap, Inc. from 1995 until 2002, and was President of The Gap, Inc. from 1987 to 1995. Mr. Drexler also serves on the Board of Directors and Compensation and Nominating and Corporate Governance Committees of Apple, Inc."

• Cash Compensation = $2,153,417
  [Salary: $200,000 + Bonus: $1,504,000 + Latest FY other long-term comp: $449,417]
• Stock Options = $806,206

Tracy Gardner
44 years old
President, Divisional at J.Crew Group, Inc.
New York, New York
Officer since March 2004

"Ms. Gardner has been our President- Retail and Direct since 2007 and, before that, was Executive Vice President, Merchandising, Planning & Production since 2004. Prior to joining J.Crew, Ms. Gardner held various positions at The Gap, Inc., including Senior Vice President of Adult Merchandising for the Gap brand from 2002 to 2004, Vice President of Women's Merchandising for the Banana Republic division from 2001 to 2002, Vice President of Men's Merchandising for the Banana Republic division from 1999 to 2001 and Divisional Merchandising Manager of Men's Wovens for the Banana Republic division prior to 1999."

• Cash Compensation = Total: $1,771,888
  [Salary: $684,600 + Bonus: $875,000 + Latest FY other long-term comp: $212,288]
• Stock Options = $39,000*

To view what another 9 top executives at J.Crew earn per year, click here.

I personally believe that both Mickey and Tracy are worth what they earn. (Although there is some questioning about Tracy's recent stock selling.*) Feel free to disagree or agree with me. :) What I find especially interesting is Mickey's (1) salary (which is rather low for a CEO of a firm like J.Crew) and (2) bonus (which is rather high in comparison to his salary, but I guess that is to make up for his salary). I also am curious about the decision process when it comes to distributing bonuses for the top level executives at J.Crew?

What do you think of these figures? Do you think these J.Crew executives are worth their paychecks? What do you think of Mickey's salary/bonus?