Ralph Lauren Chairman Ralph Lauren's 2020 pay falls 41% to $13M
Ralph Lauren reports 2020 executive compensation
By ExecPay News
Published: June 18, 2020
Ralph Lauren reported fiscal year 2020 executive compensation information on June 18, 2020.
In 2020, six executives at Ralph Lauren received on average a compensation package of $8.5M, a 16% decrease compared to previous year.
Average pay of disclosed executives at Ralph Lauren
Ralph Lauren, Chairman, received $13M in total, which decreased by 41% compared to 2019. 84% of Lauren's compensation, or $11M, was in stock awards. Lauren also received $1.8M in salary and $291K in other compensation.
For fiscal year 2020, the median employee pay was $21,358 at Ralph Lauren. Therefore, the ratio of Ralph Lauren's pay to the median employee pay was 611 to one.
Patrice Louvet, Chief Executive Officer, received a compensation package of $12M, which decreased by 12% compared to previous year. 58% of the compensation package, or $7.1M, was in stock awards.
Jane Nielsen, Chief Financial Officer, earned $10M in 2020, a 68% increase compared to previous year.
Howard Smith, EVP, Chief Commercial Officer, received $8.1M in 2020.
Valérie Hermann, Group President, earned $5.9M in 2020, a 11% decrease compared to previous year.
David Lauren, Chief Executive Officer, received $2M in 2020, which decreases by 18% compared to 2019.
Ralph Lauren's fiscal year ends on March 28.
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Source: SEC filing on June 18, 2020.