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.
Average pay of disclosed executives at Lovesac Co
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.

Related executives

Shawn Nelson

Lovesac Co

Chief Executive Officer

Jack Krause

Lovesac Co

Chief Operating Officer

Donna Dellomo

Lovesac Co

Chief Financial Officer

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Source: SEC filing on May 22, 2020.