Pete Nordstrom

Nordstrom Inc. has confirmed that brothers Erik and Pete Nordstrom are looking to take the retailer private and that a special committee has been formed to evaluate their proposal and any others that could arise. Erik Nordstrom serves as chief executive officer and Pete Nordstrom is president and chief brand officer. Erik Nordstrom Patrick MacLeod/Footwear … Read more

Erik Nordstrom, chief executive officer of Nordstrom Inc., saw his total compensation perk up to $4.5 million in 2023, a 30.8 percent increase from $3.5 million the year before. Nordstrom’s take included a salary of $773,087 and incentive pay of $1.1 million. But the bulk of his pay came in the form of stock and … Read more