Lifevantage CEO Darren Jensen's 2019 pay jumps 299% to $5M
Lifevantage reports 2019 executive compensation
By ExecPay News
Published: October 18, 2019
Lifevantage reported fiscal year 2019 executive compensation information on October 18, 2019.
In 2019, five executives at Lifevantage received on average a compensation package of $2M, a 192% increase compared to previous year.
Average pay of disclosed executives at Lifevantage
Darren J. Jensen, Chief Executive Officer, received $5M in total, which increased by 299% compared to 2018. 65% of Jensen's compensation, or $3.3M, was in stock awards. Jensen also received $455K in bonus, $701K in non-equity incentive plan, $550K in salary, as well as $37K in other compensation.
For fiscal year 2019, the median employee pay was $62,658 at Lifevantage. Therefore, the ratio of Darren J. Jensen's pay to the median employee pay was 80 to one.
Steven R. Fife, Chief Financial Officer, received a compensation package of $1.5M, which increased by 199% compared to previous year. 56% of the compensation package, or $864K, was in stock awards.
Justin Rose, Chief Sales Officer, earned $1.1M in 2019, a 118% increase compared to previous year.
Ryan Goodwin, Chief Marketing Officer, received $1.1M in 2019, which increases by 105% compared to 2018.
Kevin McMurray, General Counsel, earned $1M in 2019, a 62% increase compared to previous year.
Lifevantage's fiscal year ends on June 30.
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Source: SEC filing on October 18, 2019.