Lululemon Athletica Management

Management criteria checks 3/4

Lululemon Athletica's CEO is Calvin McDonald, appointed in Aug 2018, has a tenure of 6.25 years. total yearly compensation is $16.49M, comprised of 7.8% salary and 92.2% bonuses, including company stock and options. directly owns 0.073% of the company’s shares, worth MX$580.38M. The average tenure of the management team and the board of directors is 4.9 years and 7.4 years respectively.

Key information

Calvin McDonald

Chief executive officer

US$16.5m

Total compensation

CEO salary percentage	7.8%
CEO tenure	6.3yrs
CEO ownership	0.07%
Management average tenure	4.9yrs
Board average tenure	7.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Calvin McDonald's remuneration changed compared to Lululemon Athletica's earnings?
Date	Total Compensation	Salary	Company Earnings
Jul 28 2024	n/a	n/a	US$2b
Apr 28 2024	n/a	n/a	US$2b
Jan 28 2024	US$16m	US$1m	US$2b
Oct 29 2023	n/a	n/a	US$1b
Jul 30 2023	n/a	n/a	US$1b
Apr 30 2023	n/a	n/a	US$955m
Jan 29 2023	US$16m	US$1m	US$855m
Oct 30 2022	n/a	n/a	US$1b
Jul 31 2022	n/a	n/a	US$1b
May 01 2022	n/a	n/a	US$1b
Jan 30 2022	US$13m	US$1m	US$975m
Oct 31 2021	n/a	n/a	US$871m
Aug 01 2021	n/a	n/a	US$827m
May 02 2021	n/a	n/a	US$705m
Jan 31 2021	US$11m	US$1m	US$589m
Nov 01 2020	n/a	n/a	US$557m
Aug 02 2020	n/a	n/a	US$539m
May 03 2020	n/a	n/a	US$578m
Feb 02 2020	US$11m	US$1m	US$646m
Nov 03 2019	n/a	n/a	US$566m
Aug 04 2019	n/a	n/a	US$534m
May 05 2019	n/a	n/a	US$505m
Feb 03 2019	US$18m	US$577k	US$484m

Compensation vs Market: Calvin's total compensation ($USD16.49M) is above average for companies of similar size in the MX market ($USD5.71M).

Compensation vs Earnings: Calvin's compensation has been consistent with company performance over the past year.

CEO

Calvin McDonald (52 yo)

6.3yrs

Tenure

US$16,494,777

Compensation

Mr. Calvin R. McDonald serves as Independent Director at The Walt Disney Company since May 27, 2021. He serves as the Chief Executive Officer and Director of Lululemon Athletica Inc. since August 20, 2018....

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Calvin McDonald	CEO & Director	6.3yrs	US$16.49m	0.073% MX$ 580.4m
Meghan Frank	Chief Financial Officer	4yrs	US$4.09m	0.0069% MX$ 54.6m
Celeste Burgoyne	President of Americas & Global Guest Innovation	7.9yrs	US$6.54m	0.0086% MX$ 68.1m
Andre Maestrini	Executive Vice President of International	3.8yrs	US$4.69m	0.0049% MX$ 39.0m
Julie Averill	Executive VP & Chief Information Officer	1.6yrs	US$1.88m	no data
Howard Tubin	Vice President of Investor Relations	no data	no data	no data
Shannon Higginson	Chief Legal & Compliance Officer	4.9yrs	no data	no data
Allison Reid	Vice President of Corporate Communications	no data	no data	no data
Susan Gelinas	Chief People & Culture Officer	4.9yrs	no data	no data
Jennifer Battersby	Senior Vice President of Product Engine	no data	no data	no data
Ted Dagnese	Chief Supply Chain Officer	no data	no data	no data
Nicole Neuburger	Chief Brand & Product Activation Officer	4.8yrs	US$1.86m	0.0029% MX$ 23.1m

4.9yrs

Average Tenure

51yo

Average Age

Experienced Management: LULU *'s management team is considered experienced (4.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Calvin McDonald	CEO & Director	6.3yrs	US$16.49m	0.073% MX$ 580.4m
David Mussafer	Lead Independent Director	10.2yrs	US$320.42k	0.017% MX$ 136.7m
Jonathan McNeill	Independent Director	8.6yrs	US$254.59k	0.0068% MX$ 53.8m
Martha A. Morfitt	Independent Chair of the Board	15.9yrs	US$417.09k	0.074% MX$ 589.9m
Michael Casey	Independent Director	17.1yrs	US$297.92k	0.048% MX$ 380.1m
Alison Loehnis	Independent Director	2.8yrs	US$257.09k	0.0013% MX$ 10.1m
P. Doraiswamy	Member of Mental Wellbeing Global Advisory Board	1.3yrs	no data	no data
Kathryn Henry	Independent Director	8.8yrs	US$269.59k	0.0040% MX$ 31.5m
Emily White	Independent Director	13yrs	US$290.84k	0.015% MX$ 120.1m
Isabel Ge Mahe	Independent Director	2yrs	US$272.77k	0.00099% MX$ 7.8m
Alfiee Breland-Noble	Member of Mental Wellbeing Global Advisory Board	1.3yrs	no data	no data
Stephanie Brill	Member of Mental Wellbeing Global Advisory Board	1.3yrs	no data	no data

7.4yrs

Average Tenure

56yo

Average Age

Experienced Board: LULU *'s board of directors are considered experienced (7.4 years average tenure).

Lululemon Athletica Management

Management criteria checks 3/4

Key information

Recent management updates

Insider recently sold Mex$2.6m worth of stock

CEO & Director recently bought Mex$21m worth of stock

Lululemon Athletica Inc Announces Executive Changes

Lululemon Athletica Inc., Annual General Meeting, Jun 06, 2024

Independent Chair of the Board recently bought Mex$24m worth of stock

Lululemon Athletica Inc. Appoints Teri List as Board of Directors

Recent updates

Lululemon Athletica Inc. to Report Q3, 2025 Results on Dec 05, 2024

New major risk - Share price stability

Now 21% overvalued after recent price rise

Insider recently sold Mex$2.6m worth of stock

CEO & Director recently bought Mex$21m worth of stock

Lululemon Athletica Inc. Provides Earnings Guidance for the Third Quarter and for the Year 2024

Now 20% overvalued after recent price rise

Lululemon Athletica Inc. to Report Q2, 2025 Results on Aug 29, 2024

Lululemon Athletica Inc. Files Securities Fraud Lawsuit Against Lululemon Athletica Inc

Now 21% undervalued after recent price drop

New minor risk - Share price stability

First quarter 2025 earnings released: EPS: US$2.55 (vs US$2.28 in 1Q 2024)

Lululemon Athletica Inc. Provides Earnings Guidance for the Second Quarter and for Year 2024

Now 20% overvalued

Lululemon Athletica Inc. to Report Q1, 2025 Results on Jun 05, 2024

Lululemon Athletica Inc Announces Executive Changes

Lululemon Athletica Inc., Annual General Meeting, Jun 06, 2024

Now 20% overvalued

Lululemon Athletica Inc. Unveils Team Canada Summer Athlete Kit for Paris 2024 Olympic and Paralympic Games in Partnership with the Canadian Olympic Committee and Canadian Paralympic Committee

Independent Chair of the Board recently bought Mex$24m worth of stock

Investor sentiment deteriorates as stock falls 17%

Full year 2024 earnings released: EPS: US$12.23 (vs US$6.70 in FY 2023)

Lululemon Athletica Inc. Provides Earnings Guidance for the First Quarter of 2024 and Full Year of Fiscal 2024

Lululemon Athletica Inc. Appoints Teri List as Board of Directors

Lululemon Athletica Inc. to Report Q4, 2024 Results on Mar 21, 2024

lululemon Unveils New Products Developed with and for the Female Athletes Comparing in the Brand's First-Ever Women's Ultramarathon

Now 21% overvalued after recent price rise

Now 22% overvalued after recent price rise

Lululemon Expands Its Footwear Offerings with New Casual and Performance Styles, Including the Brand’S First-Ever Men’S Collection

Lululemon Athletica Inc. Revises Earnings Guidance for the Fourth Quarter of 2023

Insider recently sold Mex$46m worth of stock

Third quarter 2024 earnings released: EPS: US$1.97 (vs US$2.00 in 3Q 2023)

Lululemon Athletica Inc. (NasdaqGS:LULU) announces an Equity Buyback for $1,000 million worth of its shares.

Lululemon Athletica Inc. to Report Q3, 2024 Results on Dec 07, 2023

Lululemon Athletica Inc. Announces the Appointment of Shane Grant to Serve on Board of Directors, Effective November 1, 2023

Chief Product Officer recently sold Mex$64m worth of stock

High number of new directors

Second quarter 2024 earnings released: EPS: US$2.69 (vs US$2.27 in 2Q 2023)

Lululemon Athletica Inc. Provides Earnings Guidance for the Third Quarter and Full Year 2023

Lululemon Athletica Inc. to Report Q2, 2024 Results on Aug 31, 2023

Lululemon Athletica Inc. Announces Global Advisory Board Appointments

First quarter 2024 earnings released: EPS: US$2.28 (vs US$1.48 in 1Q 2023)

Lululemon Athletica Inc. Provides Earning Guidance for the Second Quarter and Full Year 2023

Lululemon Athletica Inc. to Report Q1, 2024 Results on Jun 01, 2023

Full year 2023 earnings released: EPS: US$6.70 (vs US$7.52 in FY 2022)

Lululemon Athletica Inc. Revises Earnings Guidance for the Fourth Quarter of Fiscal 2022

Investor sentiment deteriorated over the past week

Third quarter 2023 earnings released: EPS: US$2.00 (vs US$1.45 in 3Q 2022)

Lululemon Athletica Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year of 2022

Lululemon Athletica Inc. to Report Q3, 2023 Results on Dec 08, 2022

lululemon athletica inc. Appoints Isabel Ge Mahe to Serve on its Board of Directors

Lululemon Athletica Inc. Unveils Lululemon Studio

Independent Director recently sold Mex$1.3m worth of stock

Second quarter 2023 earnings released: EPS: US$2.27 (vs US$1.60 in 2Q 2022)

lululemon Athletica Inc. Provides Earnings Guidance for the Third Quarter and Full Year of 2022

Lululemon Athletica Inc. to Report Q2, 2023 Results on Sep 01, 2022

Lululemon Athletica Inc Appoints Jon Mcneill as Class III Director

First quarter 2023 earnings released: EPS: US$1.48 (vs US$1.11 in 1Q 2022)

Lululemon Athletica Inc. Provides Earnings Guidance for the Second Quarter and Full Year of 2022

Investor sentiment deteriorated over the past week

Lululemon Athletica Inc. to Report Q1, 2023 Results on Jun 02, 2022

Lululemon Athletica Inc. Expands Like New Resale Program to All U.S. Stores Beginning This Earth Day

Lululemon Athletica Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2022

Full year 2022 earnings released: EPS: US$7.52 (vs US$4.52 in FY 2021)

Lululemon Athletica Inc. (NasdaqGS:LULU) announces an Equity Buyback for $1,000 million worth of its shares.

Lululemon athletica Inc. Reveals First-Ever Footwear Collection, Made for Women First

Lululemon Athletica Inc. Appoints Alison Loehnis as Board of Director

Lululemon Athletica Inc. Provides Earnings Guidance for the Fourth Quarter of Fiscal 2021

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations