Former Chief Executive Officer · lululemon athletica inc. (LULU)

Calvin McDonald

A named executive officer of lululemon athletica in every fiscal year CompBrief holds from FY2018 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2025

$24,023,294

FY2024: $14,551,916

1st of 6 named executive officers at lululemon athletica by FY2025 total.

6 named officers on file for lululemon athletica, FY2025

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What this number hides

The filing gives the total. lululemon athletica’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

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Compensation figures as of the proxy filed May 18, 2026 (DEF 14A).

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Calvin McDonald compensation by year

lululemon athletica Summary Compensation Table · all 8 fiscal years held
In US dollars, as lululemon athletica reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Salary$576,923$1,250,000$1,182,692$1,250,000$1,250,000$1,292,308$1,342,453$1,393,269
Bonus$600,000$0$0$0$0$0$0$0
Stock awards$10,999,885$2,999,971$2,999,912$4,000,112$4,999,844$5,000,011$5,499,824$7,800,001
Option awards$3,003,247$2,995,896$3,000,024$4,000,028$4,999,968$4,999,937$5,499,973$13,800,030
Non-equity incentive$1,698,113$3,750,000$1,875,000$4,000,000$4,375,000$5,169,231$2,172,089$994,794
Pension and deferred compensation$0$0$0$0$0$0$0$0
All other$152,090$294,077$1,532,478$15,315$39,025$33,290$37,577$35,200
Total$17,030,258$11,289,944$10,590,106$13,265,455$15,663,837$16,494,777$14,551,916$24,023,294

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: lululemon athletica inc. DEF 14A filed May 18, 2026, accession 0001213900-26-058095, and prior-year filings. Open the filing on EDGAR.

How this page was built: the lululemon athletica inc. filed document, accession 0001213900-26-058095. Every figure is read from that document and cited to the page and table it appears in. Filed May 18, 2026.

$17.0M
$11.3M
$10.6M
$13.3M
$15.7M
$16.5M
$14.6M
$24.0M
FY18
FY19
FY20
FY21
FY22
FY23
FY24
FY25
SalaryBonusNon-equity incentiveStock awardsOption awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
RSU14,142$5,857,616—
RSU13,963$5,783,475—
PSU13,265$5,494,363—
Option10,760—$306.71
Option19,799—$376.92
Option28,849—$358.09
Option41,352—$388.90

Per the Outstanding Equity Awards at Fiscal Year-End table in lululemon athletica inc.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.

Change-in-control & termination

estimated payments lululemon athletica discloses, by trigger · FY2026
TriggerCash severanceAccelerated equityBenefits continuationTotal as disclosed
Involuntary termination without cause$5,150,000$0—$5,150,000

Per the Potential Payments Upon Termination or Change in Control table in lululemon athletica inc.'s FY2026 proxy. Estimates as the company printed them; a dash means it printed no figure.

lululemon athletica’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Calvin McDonald · this pageFormer Chief Executive Officer$24,023,294
André MaestriniInterim Co-Chief Executive Officer, President, and Chief Commercial Officer$9,731,844
Meghan FrankInterim Co-Chief Executive Officer and Chief Financial Officer$9,667,535
Nicole NeuburgerChief Brand & Product Activation Officer$6,598,239
Celeste BurgoyneFormer President, Americas and Global Guest Innovation$5,326,128
Edward DagneseChief Supply Chain Officer$3,865,438

Board service

lululemon athletica board · FY2021–FY2022

How this board is paid

Company policy: lululemon athletica pays directors a $85,000 cash retainer and $150,000 in RSUs. As stated in lululemon athletica's FY2022 proxy.

Calvin McDonald's compensation dossier, lululemon athletica

You have read Calvin McDonald's totals and holdings. The dossier adds each equity grant lululemon athletica disclosed for Calvin McDonald and lululemon athletica's own disclosed peer group, where the company discloses them, with every row in a PDF and a CSV cited to its filing.

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The full lululemon athletica compensation record

free company brief

This page is one person within lululemon athletica's record. The company brief lists every named executive, each linking to their own page.

Peer companies

named in the lululemon athletica proxy · each links to its own free brief

Compensation, the day it’s disclosed

The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order lululemon athletica's full Executive Compensation Report with peer benchmarking.

How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are lululemon athletica's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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Calvin McDonald's compensation dossier