Chief Technology and Information Officer · NORDSTROM INC (JWN)

Jason Morris

Jason Morris, Chief Technology and Information Officer at Nordstrom Inc, received total compensation of $6,477,288 in fiscal year 2023. His disclosed compensation included a base salary of $638,462, a cash bonus of $1,648,080, and stock-based compensation of $3,999,972.

FY2023 is the first fiscal year CompBrief holds for Jason Morris as a named executive officer of NORDSTROM; the record below is that year, complete. Every figure below is printed as the company filed it and cited to the filing it came from.

Total disclosed compensation, FY2023

$6,477,288

Compensation figures as of the proxy filed April 11, 2024 (DEF 14A).

Jason Morris compensation by year

NORDSTROM Summary Compensation Table · the one fiscal year held
In US dollars, as NORDSTROM reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2023
Salary$638,462
Bonus$1,170,000
Stock awards$3,999,972
Option awards$0
Non-equity incentive$478,080
Pension and deferred compensation$0
All other$190,774
Total$6,477,288

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: NORDSTROM INC DEF 14A filed April 11, 2024, accession 0000072333-24-000046, and prior-year filings. Open the filing on EDGAR.

Equity holdings

unvested awards at FY2024 year-end
TypeUnvested unitsValue at year-endExercise price
PSU211,366$3,829,952—
PSU55,668$1,008,704—

Per the Outstanding Equity Awards at Fiscal Year-End table in NORDSTROM INC's FY2024 proxy; value at the fiscal year-end close, as the company printed it.

Change-in-control & termination

estimated payments NORDSTROM discloses, by trigger · FY2024
TriggerCash severanceAccelerated equityBenefits continuationTotal as disclosed
Death—$1,025,597—$2,685,597
Disability—$1,025,597$35,000$1,060,597
Change in control and involuntary termination$0$4,838,656—$4,838,656
Retirement—$0—$0
Involuntary termination without cause$1,660,000$0$17,776$1,683,276

Per the Potential Payments Upon Termination or Change in Control table in NORDSTROM INC's FY2024 proxy. Estimates as the company printed them; a dash means it printed no figure.

NORDSTROM’s named executive officers, FY2023

as the company reported each
Named executive officerRoleFY2023 total
Cathy SmithChief Financial Officer$8,516,426
Jason Morris · this pageChief Technology and Information Officer$6,477,288
Erik NordstromChief Executive Officer$4,540,362
Peter NordstromPresident & Chief Brand Officer$4,540,362
Kenneth WorzelChief Customer Officer$4,234,963
Michael MaherFormer Interim Chief Financial Officer and Chief Accounting Officer$605,285

The full NORDSTROM compensation record

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Compensation, the day it’s disclosed

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How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are NORDSTROM's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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