Lifevantage CEO Darren Jensen's 2020 pay falls 51% to $2.5M
Lifevantage reports 2020 executive compensation
By ExecPay News
Published: September 30, 2020
Lifevantage reported fiscal year 2020 executive compensation information on September 30, 2020.
In 2020, five executives at Lifevantage received on average a compensation package of $1.1M, a 43% decrease compared to previous year.
Average pay of disclosed executives at Lifevantage
Darren J. Jensen, Chief Executive Officer, received $2.5M in total, which decreased by 51% compared to 2019. 50% of Jensen's compensation, or $1.2M, was in stock awards. Jensen also received $139K in bonus, $495K in non-equity incentive plan, $550K in salary, as well as $35K in other compensation.
For fiscal year 2020, the median employee pay was $83,791 at Lifevantage. Therefore, the ratio of Darren J. Jensen's pay to the median employee pay was 29 to one.
Steven R. Fife, Chief Financial Officer, received a compensation package of $1.1M, which decreased by 31% compared to previous year. 44% of the compensation package, or $471K, was in stock awards.
Justin Rose, Chief Sales Officer, earned $735K in 2020, a 35% decrease compared to previous year.
Ryan Goodwin, Chief Marketing Officer, received $716K in 2020, which decreases by 35% compared to 2019.
Kevin McMurray, General Counsel, earned $678K in 2020, a 35% decrease compared to previous year.
Lifevantage's fiscal year ends on June 30.
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Source: SEC filing on September 30, 2020.