Planet Fitness CEO Christopher Rondeau's 2019 pay rises 2% to $4.4M
Planet Fitness reports 2019 executive compensation
By ExecPay News
Published: March 20, 2020
Planet Fitness reported fiscal year 2019 executive compensation information on March 20, 2020.
In 2019, four executives at Planet Fitness received on average a compensation package of $2M, a 2% increase compared to previous year.
Average pay of disclosed executives at Planet Fitness
Christopher Rondeau, Chief Executive Officer, received $4.4M in total, which increased by 2% compared to 2018. 35% of Rondeau's compensation, or $1.5M, was in stock awards. Rondeau also received $1.2M in non-equity incentive plan, $775K in option awards, $755K in salary, as well as $189K in other compensation.
For fiscal year 2019, the median employee pay was $24,960 at Planet Fitness. Therefore, the ratio of Christopher Rondeau's pay to the median employee pay was 178 to one.
Dorvin Lively, Chief Financial Officer, received a compensation package of $1.8M, which decreased by 26% compared to previous year. 28% of the compensation package, or $526K, was in stock awards.
Craig Miller, Chief Digital and Information Officer, earned $1M in 2019, a 25% increase compared to previous year.
Roger Chacko, Chief Commercial Officer, received $875K in 2019, which decreases by 57% compared to 2018.
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Source: SEC filing on March 20, 2020.