Michelle Choe
2021
In 2021, Michelle Choe earned a total compensation of $4.7M as Chief Product Officer at Lululemon Athletica, a 61% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $1,253,077 |
|---|---|
| Option Awards | $749,970 |
| Salary | $696,154 |
| Stock Awards | $1,750,087 |
| Other | $248,400 |
| Total | $4,697,688 |
Choe received $1.8M in stock awards, accounting for 37% of the total pay in 2021.
Choe also received $1.3M in non-equity incentive plan, $750K in option awards, $696.2K in salary and $248.4K in other compensation.
Rankings
In 2021, Michelle Choe's compensation ranked 2,808th out of 12,405 executives tracked by ExecPay. In other words, Choe earned more than 77.4% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 2,808 out of 12,405 | 77th |
Division Manufacturing | 1,110 out of 5,494 | 80th |
Major group Apparel And Other Finished Products Made From Fabrics And Similar Materials | 23 out of 67 | 66th |
Pay ratio
| Michelle Choe's Pay | $4,697,688 |
|---|---|
| Median Employee's Pay | $17,061 |
| Pay Ratio | 275to 1 |
In 2021, the annual total compensation of Michelle Choe was $4,697,688.
The annual total compensation of the median employee at Lululemon Athletica was $17,061.
The ratio of Michelle Choe's pay to the pay of median employee was therefore 275 to one.
Source: SEC filing on April 27, 2022.
Choe's colleagues
We found four more compensation records of executives who worked with Michelle Choe at Lululemon Athletica in 2021.