Lovesac Co CEO Shawn Nelson's 2020 pay jumps 79% to $4.7M
Lovesac Co reports 2020 executive compensation
By ExecPay News
Published: May 22, 2020
Lovesac Co reported fiscal year 2020 executive compensation information on May 22, 2020.
In 2020, three Lovesac Co executives received on average a compensation package of $2.6M, a 60% increase compared to previous year.
Shawn Nelson, Chief Executive Officer, received $4.7M in total, which increased by 79% compared to 2019. 48.96% of Nelson's compensation, or $2.3M, was in option awards. Nelson also received $382.7K in salary, $2M in stock awards, as well as $14.4K in other compensation.
Jack A. Krause, Chief Operating Officer, received a compensation package of $1.9M, which increased by 46% compared to previous year. 40.50% of the compensation package, or $761.8K, was in option awards.
Donna L. Dellomo, Chief Financial Officer, earned $1.2M in 2020, a 27% increase compared to previous year.
Lovesac Co's fiscal year ends on February 2.