The Cato Corporation (CATO)

4.9500 +0.1800 (+3.77%) At close: 04:00PM EDT

The Cato Corporation

8100 Denmark Road
Charlotte, NC 28273-5975
United States
704-554-8510
https://www.catofashions.com

Sector(s): Consumer Cyclical
Industry: Apparel Retail
Full-time employees: 7,300

Key executives

Name	Title	Pay	Exercised	Year born
Mr. John P. Derham Cato	Chairman, President & CEO	1.75M	N/A	1950
Mr. Charles D. Knight	Executive VP & CFO	456.12k	N/A	1964
Mr. Gordon D. Smith	Executive VP and Chief Real Estate & Store Development Officer	440.01k	N/A	1956
J. Gregory Fagan	VP & General Counsel	N/A	N/A	N/A
Mr. Stephen Headley	Senior Vice President of Sourcing & MDSE Support	N/A	N/A	N/A
Mr. Jeffrey R. Shock	Senior VP & Controller	N/A	N/A	N/A
Mr. Stevens M. Staes	Secretary	N/A	N/A	N/A
Ms. Christin J. Reische	Assistant Secretary	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

The Cato Corporation, together with its subsidiaries, operates as a specialty retailer of fashion apparel and accessories primarily in the southeastern United States. It operates through two segments, Retail and Credit. The company's stores and e-commerce websites offer a range of apparel and accessories, including dressy, career, and casual sportswear; and dresses, coats, shoes, lingerie, costume jewelry, and handbags, as well as men's wear, and lines for kids and infants. It operates its stores and e-commerce websites under the Cato, Cato Fashions, Cato Plus, It's Fashion, It's Fashion Metro, and Versona names. It also provides credit card services to its customers, as well as layaway plans for customers. The Cato Corporation was incorporated in 1946 and is headquartered in Charlotte, North Carolina.

Corporate governance

The Cato Corporation’s ISS governance QualityScore as of 1 May 2024 is 9. The pillar scores are Audit: 6; Board: 8; Shareholder rights: 10; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.