Planet Fitness CEO Christopher Rondeau's 2020 pay slips 16% to $3.7M
Planet Fitness reports 2020 executive compensation
By ExecPay News
Published: March 19, 2021
Planet Fitness reported fiscal year 2020 executive compensation information on March 19, 2021.
In 2020, five executives at Planet Fitness received on average a compensation package of $1.5M, a 26% decrease compared to previous year.
Average pay of disclosed executives at Planet Fitness
Christopher Rondeau, Chief Executive Officer, received $3.7M in total, which decreased by 16% compared to 2019. 54% of Rondeau's compensation, or $2M, was in stock awards. Rondeau also received $999K in option awards, $530K in salary, as well as $190K in other compensation.
For fiscal year 2020, the median employee pay was $27,040 at Planet Fitness. Therefore, the ratio of Christopher Rondeau's pay to the median employee pay was 137 to one.
Dorvin Lively, President, received a compensation package of $1.5M, which decreased by 19% compared to previous year. 43% of the compensation package, or $642K, was in stock awards.
Thomas Fitzgerald, Chief Financial Officer, earned $988K in 2020.
Craig Miller, Chief Digital and Information Officer, received $742K in 2020, which decreases by 26% compared to 2019.
Jeremy Tucker, Chief Marketing Officer, earned $650K in 2020.
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Source: SEC filing on March 19, 2021.