Arkansas Business

Family Ties

For William Dillard II, going to work at Dillard’s Inc. of Little Rock is like going to a family reunion.

At the retail chain, which his father, the late William Dillard, founded in 1938, are:

President Alex Dillard, William Dillard II’s brother. Alex Dillard saw his base pay increase 11.1 percent to $800,000 in 2010, and his total compensation was $4.8 million, an increase of 8.9 percent over 2009.

Mike Dillard, executive vice president and brother of William and Alex. He received a salary of $630,000 in 2010. His total compensation was $2.5 million in 2010.

EVP Drue Matheny, sister of the Dillards and formerly known as Drue Corbusier. She received a salary of $600,000 in 2010 and total compensation of $2.5 million, down from $3.1 million in 2009. Her pension value fell from $1.9 million in 2009 to $512,000 in 2010.

Vice President Denise Mahaffy, another Dillard sister. She received a salary and bonus of $520,000 in 2010. The company also contributed $45,600 to her benefits plan.

William Dillard III, a vice president and son of William II. He received a salary and bonus increase of 43 percent to $500,000 in 2010. The company also contributed $49,600 to his benefit plan.