Nordstrom's top five executives will receive cash bonuses totaling nearly $1.5 million for their 2007 performance, the Seattle-based retailer...

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Nordstrom’s top five executives will receive cash bonuses totaling nearly $1.5 million for their 2007 performance, the Seattle-based retailer disclosed today.

President Blake Nordstrom will get $377,860, while executive vice presidents Peter and Erik Nordstrom each will be paid $350,870. Chief Financial Officer Michael Koppel will receive $197,597, and Chief Administrative Officer Daniel Little will get $180,772.

Nordstrom’s board of directors approved the bonuses Tuesday.

Shares of Nordstrom ended 2007 down $14.66, or 29 percent, for the year at $36.73. The retailer, which has seen sales slow in the past two months, will report its fourth-quarter financial results on Monday.