Get notified when LULU files again. Create a free account and we'll email you the moment its next filing is analyzed.
Get filing alertsLululemon hires former Nike President Heidi O'Neill as CEO with $17M+ first-year package
Filed April 22, 2026 · Period ending April 21, 2026 · ~1 min read
Key Changes
-
high
Heidi O'Neill, 27-year Nike veteran and former President, appointed CEO effective September 8, 2026, ending interim co-CEO structure with Meghan Frank and Andre Maestrini
Item 5.02 verify on EDGAR → -
high
Total first-year compensation exceeds $17M: $1.4M base salary, up to $7M cash bonus (200% target, 400% max), $10M annual equity (60% performance RSUs, 40% options), plus $7M sign-on equity
Employment Agreement verify on EDGAR → -
medium
O'Neill receives $2M retention bonus requiring 24-month commitment, with prorated repayment if she leaves voluntarily or is terminated for cause before September 2028
Employment Agreement verify on EDGAR →
2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
Want to see a complete report first? Today's free report (CAG 10-K) is open in full — no account needed.
Partner
Trade LULU commission-free
Open an account, get a free stock.
Investing involves risk. Free stock terms apply.
Thanks — your feedback helps us improve report quality.
Source-verified from EDGAR · Narrative written by AI · Jun 2, 2026 · How we verify