Dick’s Sporting Goods' (DKS) CEO Ed Stack and president Lauren Hobart are not taking a salary while stores are closed during the coronavirus outbreak.

According to its filing with the U.S. Securities and Exchange Commission, Stack and Hobart will continue to receive benefits. Stack’s salary was $1.1 million in 2019, while Hobart earned $775,000, according to the company’s proxy statement.

Other executives at the company will also have their pay cut, including Lee J. Belitsky, executive vice president and chief financial officer. Belitsky’s salary was $686,200 in 2019, which has been reduced by 50%.

Dick’s made the decision to close its stores for two weeks on March 18. The retailer said at the time that it will continue to pay its workers and offer benefits.

While Dick’s has closed its brick-in-mortar stores, the company is still offering contactless curbside pickup from 9 a.m. to 6 p.m.

The company plans to reopen on April 2. The closures affected its Dick’s Sporting Goods, Golf Galaxy, and Field & Stream stores.

Shares of Dick's stock wee up 5.60% as of 11:12 a.m. EDT on Thursday.

Dick's
Dick's Sporting Goods stopped selling hunting gear at over 100 of its stores as part of a test run. A sign hangs outside of a Dick's Sporting Goods store on February 28, 2018 in Chicago, Illinois. Citing the recent shooting at Stoneman Douglas School in Parkland, Florida, the sporting goods retailer announced today that it would no longer sell firearms to anyone under 21 years of age, no longer sell high capacity magazines, and would no longer sell assault-style rifles at any company owned stored. Getty Images/Scott Olson
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