— Furniture Today,
HIGH POINT — Huge gains from the exercise of stock options once again propelled several manufacturing and retail furniture executives to the top tier of industry’s compensation list in 2012.


Of the 10 highest-paid executives, eight of them earned their spots due to seven-figure gains (and in one case, an eight-figure gain) through the exercise of options. And of the 19 whose total compensation topped $1 million, only six achieved the figure without exercising options.

Topping the list was Ethan Allen Chairman Farooq Kathwari, whose total compensation of $18,633,795 included $17,056,800 from the exercise of options.

Kathwari was second on the Furniture|Today scorecard list for 2004 with total compensation of $8,236,000. That figure included $6,289,200 from exercising options.

*For the complete story, see the Aug. 7 print issue of Furniture|Today.  Click here to order an electronic version of this exclusive report.