Calvin McDonald has been the CEO of Lululemon Athletica since August 2018. He holds a Bachelor of Science from the University of Western Ontario and an MBA from the University of Toronto. Before joining Lululemon, he led Sephora in the...

Number of Employees

38K

Year

2023

Total Compensation

$6.33M

Salary

$1.29M

Board Justification

The compensation philosophy aligns with company performance, peer benchmarking, and retention strategies, focusing on pay-for-performance principles.

Bonus

$0.00

Board Justification

No bonus was awarded in 2023.

Other

$33.29K

Board Justification

This includes relocation costs, tax gross-ups, and other benefits.

Restricted Stock

$5.00M(5M RSU)

Board Justification

This reflects the grant date fair value of performance-based restricted stock units that vested in 2023.

Performance Metrics

The performance metrics for 2023 included operating income and net revenue, with a payout of 200% of the target bonus level.

SEC Filing

From April 25, 2024

Calvin McDonald

CEO of lululemon athletica

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Education

B.Sc. from University of Western Ontario; MBA from University of Toronto

Field of Expertise

Consumer Goods & Retail - Retail

Born

January 1, 1973 - 52 years ago

Is Founder?

No

Current Tenure

6 years 4 months (Aug 2018 - Present)

Previous Experience

President and CEO of Americas for Sephora; Former President and CEO of Sears Canada