Stitch Fix CEO Katrina Lake's 2019 pay jumps 786% to $5.3M

Stitch Fix reports 2019 executive compensation

By ExecPay News

Published: November 7, 2019

Stitch Fix reported fiscal year 2019 executive compensation information on November 7, 2019.
In 2019, four Stitch Fix executives received on average a compensation package of $2.6M, a 461% increase compared to previous year.
Average pay of disclosed executives at Stitch Fix
Katrina Lake, Chief Executive Officer, received $5.3M in total, which increased by 786% compared to 2018. 45.05% of Lake's compensation, or $2.4M, was in option awards. Lake also received $222.7K in non-equity incentive plan, $637.3K in salary, as well as $2.1M in stock awards.
For fiscal year 2019, the median employee pay was $15,125 at Stitch Fix. Therefore, the ratio of Katrina Lake's pay to the median employee pay was 352 to one.
Michael Smith, Chief Operating Officer, received a compensation package of $3M, which increased by 491% compared to previous year. 40.98% of the compensation package, or $1.2M, was in option awards.
Scott Darling, Chief Legal Officer, earned $1.6M in 2019, a 388% increase compared to previous year.
Paul Yee, Chief Financial Officer, received $599.2K in 2019, which increases by 36% compared to 2018.
Stitch Fix's fiscal year ends on August 3.

Related executives

Katrina Lake

Stitch Fix

Chief Executive Officer

Paul Yee

Stitch Fix

Chief Financial Officer

Michael Smith

Stitch Fix

Chief Operating Officer

Scott Darling

Stitch Fix

Chief Legal Officer

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Source: SEC filing on November 7, 2019.