Lululemon Athletica CEO Calvin McDonald's 2020 pay slips 6% to $11M
Lululemon Athletica reports 2020 executive compensation
By ExecPay News
Published: April 27, 2021
Lululemon Athletica reported fiscal year 2020 executive compensation information on April 27, 2021.
In 2020, six executives at Lululemon Athletica received on average a compensation package of $3.4M, a 40% decrease compared to previous year.
Average pay of disclosed executives at Lululemon Athletica
Calvin McDonald, Chief Executive Officer, received $11M in total, which decreased by 6% compared to 2019. 28% of McDonald's compensation, or $3M, was in option awards. McDonald also received $1.9M in non-equity incentive plan, $1.2M in salary, $3M in stock awards, as well as $1.5M in other compensation.
For fiscal year 2020, the median employee pay was $14,842 at Lululemon Athletica. Therefore, the ratio of Calvin McDonald's pay to the median employee pay was 714 to one.
Michelle Choe, Chief Product Officer, received a compensation package of $2.9M, which decreased by 34% compared to previous year. 36% of the compensation package, or $1.1M, was in stock awards.
Celeste Burgoyne, President, Americas and Global Guest Innovation, earned $2.7M in 2020, a 37% decrease compared to previous year.
Nicole Neuburger, Chief Brand Officer, received $1.9M in 2020.
Meghan Frank, Chief Financial Officer, earned $1.7M in 2020.
Patrick J. Guido, Chief Financial Officer, received $905K in 2020, which decreases by 68% compared to 2019.
Lululemon Athletica's fiscal year ends on February 2.
Related executives
Calvin McDonald
Lululemon Athletica
Chief Executive Officer
Meghan Frank
Lululemon Athletica
Chief Financial Officer
Celeste Burgoyne
Lululemon Athletica
President, Americas and Global Guest Innovation
Michelle Choe
Lululemon Athletica
Chief Product Officer
Nicole Neuburger
Lululemon Athletica
Chief Brand Officer
Patrick Guido
Lululemon Athletica
Chief Financial Officer
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Source: SEC filing on April 27, 2021.