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Lululemon's New CEO To Get Higher Base Salary Than Predecessor

By DMO Affiliate
Lululemon Athletica Inc's incoming chief executive, Laurent Potdevin, will be paid a base salary of $900,000 as well as signing and retention bonuses, the upscale yogawear retailer said in a regulatory filing made public on Dec. 11. Current CEO Christine Day's base salary had been set at $706,000 for fiscal 2013, according to Lululemon's last proxy filing. Potdevin will also receive a $200,000 signing bonus, and a $1.65 million retention bonus.
Lululemon's New CEO To Get Higher Base Salary Than Predecessor




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