McDonads Tag

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...