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April 2023

27 Apr

Calvin McDonad’s Pay Continues to Rise as Lululemon Strengthens

Calvin McDonad’s Pay Continues to Rise as Lululemon Strengthens
The spring in Lululemon Athletica Inc.’s step has been good for Calvin McDonald’s paycheck.  The chief executive officer saw his total compensation rise 18.1 percent to $15.7 million last 12 months. Many of the pay got here from stock and option awards that were valued at a complete of $10 million and link the chief’s fortunes to those of shareholders. His salary tallied $1.3 million.  But McDonald also received incentive pay of $4.4 million — 200 percent of his goal and his maximum potential bonus for the 12 months. To hit that mark, Lululemon needed to see revenue of $7.5 billion and operating income of $1.7 billion for the 12 months.  What the energetic brand turned in was adjusted revenues of $8.1 billion with...
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27 Apr

What’s Happening This Week in Wichita (April 27-30)

What’s Happening This Week in Wichita (April 27-30)
Trying to find ideas on what to do in Wichita this week or what’s ahead? We got you covered with What’s Happening This Week In Wichita. What’s Happening This Week In Wichita is made possible by the Wichita Event Calendar FEATURED EVENTS ■ Midwest Winefest 2023 | April 27-29Where: Old TownThe Midwest Winefest is celebrating 28 years in 2023! Funds raised from Midwest WinefestSM have totaled greater than $5 million which directly go to support the Guadalupe Health Foundation and in turn are used to support their primary beneficiary, Guadalupe Clinic. ■ ICT Brunch Fest | April 29Where: OJ Watson ParkEnjoy brunch bites from local restaurants, caterers, and food trucks. BEST THINGS TO DO ■ Japan Festival | April 28Where: Rhatigan Student CenterJapanese Culture Association brings the Japan Festival back to Wichita State University crammed with...
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