A for Athlete



New American Eagle CEO lands multimillion-dollar deal[]

American Eagle Outfitters will pay Robert Hanson a salary of $1 million when he becomes CEO of the South Side teen clothier at the end of January, 2012. Mr. Hanson will also receive a $3.3 million signing bonus payable this year, restricted stock and options valued at $5 million, long-term incentive compensation of $3.2 million next fiscal year, and a $300,000 credit to his deferred compensation account. American Eagle disclosed the pay arrangements in a securities filing late Friday. http://www.post-gazette.com/pg/11323/1190997-28.stm#ixzz1eAjxaH9D


Roger Markfield is retiring from South Side-based American Eagle Outfitters after more than 20 years in leadership roles with the teen retailer, according to the Pittsburgh Post-Gazette. He retires as the company's creative director and vice chairman and will also step down from the company's board of directors. He does so a few weeks after the company's long-time chairman Jay Schottenstein formally stepped back into the role as CEO of the company.