Ralph Lauren is the founder and CEO of Ralph Lauren Corporation, a brand that has transformed American fashion since its inception in 1967. His journey from a tie salesman to running a global luxury empire is remarkable. Interestingly, he has...

Number of Employees

23.3K

Year

2015

Total Compensation

$2.02M

Salary

$1.75M

Board Justification

The compensation philosophy aims to align executive compensation with company performance, emphasizing at-risk compensation and performance-based incentives to drive long-term value creation.

Bonus

$0.00

Board Justification

No discretionary bonuses were awarded in 2015; however, the target bonus was set at $6 million, with a maximum payout of 200% based on performance metrics.

Other

$271.09K

Board Justification

Other compensation includes perquisites such as personal use of an automobile and driver, and reimbursement for personal travel expenses.

Restricted Stock

$0.00(0 PSUs)

Board Justification

No stock awards were vested in 2015; however, stock awards are based on performance metrics over a three-year period, with the target value set at $11 million annually.

Performance Metrics

Performance metrics for 2015 included net income before taxes (NIBT) and cumulative earnings per share (EPS) over a three-year performance period.

SEC Filing

From June 29, 2016