Alexander KarpAlexander Karp earned $1B in 2024

In 2008, Robert Meers earned $1.38M in total compensation at lululemon athletica, including $248.46K salary and $1.03M in stock. Most recently sold 6,000 shares in Oct 2017. Currently holds stock worth $3.23M. Led lululemon athletica as CEO for 3 years.

Compensation History

Annual executive compensation data for Robert Meers, including salary, bonuses, and stock awards.

Year

2008

Total Compensation

$1.38M

Salary

$248.46K

Bonus

$0.00

Other

$104.51K

Salary

$248.46K

Board Justification

The compensation philosophy aims to attract, retain, motivate, and reward talented executives, aligning their interests with those of stockholders through performance-based incentives.

Bonus

$0.00

Board Justification

No bonus was paid under the 2008 Executive Bonus Plan as the company did not achieve its bonus targets.

Other Compensation

$104.51K

Board Justification

Other compensation includes payments for housing and living expenses ($70,990) and vehicle lease expenses ($41,609).

Restricted Stock

$1.03M209.04K options

Board Justification

209,042 options were fully vested as of May 6, 2008, pursuant to the Retirement, Transition and Release Agreement.

Performance Metrics

The performance metrics included financial, operational, and strategic goals, but the specific targets were not met for the bonus payout.

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Robert Meers

Ex-CEO of lululemon athletica

Education

N/A

Field of Expertise

Consumer Goods & Retail - Retail

Sector of Economy

Consumer Cyclical

Born

January 1, 1963 - 62 years ago

CEO of lululemon athletica for

3 years 5 months (Jan 2005 - Jun 2008)

Previous Experience

Former President of lululemon athletica inc.

Holdings

Track Robert Meers's stock holdings and portfolio value over time.

Total Stock Sold

$510.38K

IPAR

$510.38K

13,000 IPAR shares

What if they kept their stock?

If Robert Meers didn't sell their stock, today they would have:
Extra IPAR13,000 shares worth $1.07M.
This is 109.34% and $558.03K more than what they got when they sold the stock.

Insider Trading

Robert Meers's recent stock transactions, purchases, and sales filed with the SEC.

IPAR

$252.52K

IPAR at $42.09/share

Oct 10, 2017

Sale

IPAR

$185.00K

IPAR at $37.00/share

Mar 25, 2014

Sale

IPAR

$74.08K

IPAR at $37.04/share

Dec 2, 2013

Sale

Rivals

Compare Robert Meers with competitor CEOs and industry peers.