Ralph Lauren Chairman Ralph Lauren's 2019 pay slips 2% to $22M
Ralph Lauren reports 2019 executive compensation
By ExecPay News
Published: June 21, 2019
Ralph Lauren reported fiscal year 2019 executive compensation information on June 21, 2019.
In 2019, five executives at Ralph Lauren received on average a compensation package of $10M, a 16% decrease compared to previous year.
Average pay of disclosed executives at Ralph Lauren
Ralph Lauren, Chairman, received $22M in total, which decreased by 2% compared to 2018. 50% of Lauren's compensation, or $11M, was in stock awards. Lauren also received $9.2M in non-equity incentive plan, $1.8M in salary, as well as $290K in other compensation.
For fiscal year 2019, the median employee pay was $22,787 at Ralph Lauren. Therefore, the ratio of Ralph Lauren's pay to the median employee pay was 975 to one.
Patrice Louvet, Chief Executive Officer, received a compensation package of $14M, which decreased by 42% compared to previous year. 52% of the compensation package, or $7.3M, was in stock awards.
Valérie Hermann, Group President, earned $6.6M in 2019, a 4% increase compared to previous year.
Jane Nielsen, Chief Financial Officer, received $5.9M in 2019, which increases by 4% compared to 2018.
David Lauren, Chief Executive Officer, earned $2.5M in 2019, a 1% decrease compared to previous year.
Ralph Lauren's fiscal year ends on March 28.
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Source: SEC filing on June 21, 2019.