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Michael D. Casey received $387K in total compensation as Former Chairman Chief Executive Officer & President of CARTERS INC in FY2025. The largest component was $258K in base salary. That’s down 96% from FY2024. Source: SEC DEF 14A.
In fiscal year 2025, Michael D. Casey, Former Chairman Chief Executive Officer & President of CARTERS INC (CRI), received total compensation of $387K.
Michael D. Casey's compensation breakdown includes: base salary of $258K, and other compensation of $129K.
Compared to fiscal year 2024, Michael D. Casey's total compensation decreased 96% from $9.1 million to $387K.
CARTERS INC's top 7 named executive officers received combined total compensation of $21.1 million in fiscal year 2025.
The named executive officers disclosed in CARTERS INC's 2025 proxy statement are:Michael D. Casey (Former Chairman Chief Executive Officer & President) with total compensation of $387K, Douglas C. Palladini (Chief Executive Officer & President Director) with total compensation of $7.5 million, Richard F. Westenberger (Chief Financial Officer & Chief Operating Officer) with total compensation of $4.0 million, Emily D. Evert (Chief Strategy Officer) with total compensation of $2.7 million, Kendra D. Krugman (Former Chief Product Officer) with total compensation of $2.6 million, Allison M. Peterson (Chief Retail & Digital Officer) with total compensation of $2.0 million, and Karen G. Smith (Chief Supply Chain Officer) with total compensation of $1.8 million.
Source Filing
Executive Record
Michael D. Casey
Former Chairman Chief Executive Officer & President
Reported Pay
$387K
Summary compensation table total · FY2025
Findings
Reviewing FY2025 compensation of $387K against -40% shareholder return and the latest filing-backed pay disclosures.
Reported pay changed -96%; spread versus stock performance is pending computation.
Evidence is sourced from the latest executive compensation filing and return series for CRI.
Team view
7 executives
Former Chairman Chief Executive Officer & President
Total PayFY2025
$387K
Chief Executive Officer & President Director
Total PayFY2025
$7.5M
Chief Financial Officer & Chief Operating Officer
Total PayFY2025
$4.0M
Chief Strategy Officer
Total PayFY2025
$2.7M
Former Chief Product Officer
Total PayFY2025
$2.6M
Chief Retail & Digital Officer
Total PayFY2025
$2.0M
Chief Supply Chain Officer
Total PayFY2025
$1.8M
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01FY2025 total compensation breakdown
$387.2K total compensation
Michael D. Casey earned $387.2K in FY2025— here's how that breaks down.
$257.7K
67% of total
$129.5K
33% of total
Activity timeline · FY2025
Recent events from filings
Apr 1, 2026
Douglas C. Palladini Cash Incentive Compensation
Apr 1, 2026
Douglas C. Palladini stock (Grant FV $3,500,088)
Apr 1, 2026
Douglas C. Palladini Shares (32,800 threshold, Grant FV $1,455,336)
Apr 1, 2026
Richard F. Westenberger Cash Incentive Compensation
Apr 1, 2026
Richard F. Westenberger stock (Grant FV $1,500,159)
Apr 1, 2026
Richard F. Westenberger stock (Grant FV $300,013)
Apr 1, 2026
Richard F. Westenberger stock (Grant FV $100,022)
Apr 1, 2026
Emily D. Evert Cash Incentive Compensation
A pay-performance summary will appear here once the verdict loads above.
02Pay changes vs. stock performance
1 year of data
Peer context
Dashed line marks the small-cap median compensation benchmark for companies around $1.4B market cap, based on 230 peers in this size band.
03Recent insider trades by officers and directors
~32 trades
04Showing FY2025 data (latest available)
FY2027does not include director compensation in our current dataset, so we're showing the latest board table we found.
We're loading the latest director compensation and board makeup.
05Take action on executive compensation
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06For analysts and deep research
Historical compensation data from latest proxy filing
| Year | Executive | Salary | Bonus & Incentive | Stock Awards | Option Awards | Other Adj. | Total |
|---|---|---|---|---|---|---|---|
| 2025 | $0.26M | $0.00M | $0.00M | $0.00M | $0.13M | $0.39M | |
| 2024 | $1.33M | $0.10M | $6.98M | $0.00M | $0.74M | $9.15M | |
| 2023 | $1.28M | $1.72M | $6.50M | $0.00M | $0.59M | $10.1M | |
| 2022 | $1.19M | $0.47M | $6.50M | $0.00M | $0.44M | $8.61M |
Salary = base cash pay. Bonus & Incentive combines annual bonus and non-equity plans. Equity amounts are grant-date fair values. Other Adj. captures pension changes, perquisites, and any reconciliation items so the total matches the reported figure.
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CARTERS INC (CRI) — Key Facts
Last updated May 22, 2026 · DEF 14A filed Apr 1, 2026
| CEO | Michael D. Casey, Former Chairman Chief Executive Officer & President |
|---|---|
| Fiscal year | FY2025 |
| Total compensation | $387K |
| Base salary | $258K |
| Other compensation | $129K |
| Year-over-year change | -96% |
| Source | DEF 14A, 2026-04-01 |
Michael D. Casey, the Former Chairman Chief Executive Officer & President of CARTERS INC, received total compensation of $387,185 in fiscal year 2025. This includes base salary of $257,692.
Michael D. Casey's base salary at CARTERS INC is $257,692 per year as of fiscal year 2025. However, total compensation including stock awards, bonuses, and other benefits is $387,185.
CARTERS INC's CEO, Michael D. Casey, earned $387,185 in total compensation for fiscal year 2025.