How Hurlston was paid
$27.7M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Bonus | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| Michael HurlstonPresident and Chief Executive Officer | $315,000 | $2,000,000 | $24,740,145 | $603,353 | $11,578 | $27,670,076 |
| Alan LoweFormer President and Chief Executive Officer | $711,423 | — | $33,146,184 | $386,280 | $12,163,397 | $46,407,285 |
| Wajid AliExecutive Vice President and Chief Financial Officer | $556,000 | — | $4,126,113 | $161,079 | $3,622 | $4,846,814 |
| Jae KimSenior Vice President, General Counsel and Secretary | $450,000 | $150,000 | $1,826,810 | $108,641 | $17,966 | $2,553,418 |
| Vincent RetortExecutive Vice President, Modules R&D and New Product Design and Development | $556,000 | — | $4,905,479 | $178,976 | $24,405 | $5,664,860 |
| Wupen YuenPresident, Cloud and Networking | $504,000 | $325,000 | $4,387,706 | $162,238 | $12,228 | $5,391,172 |
What changed and why
- $27.7M$27,670,076 was Michael Hurlston’s fiscal 2025 total compensation after becoming CEO in February 2025.
- $46.4M$46,407,285 was Alan Lowe’s total compensation, including transition-related severance and accelerated equity vesting.
- 132.2%132.2% of target was paid under the fiscal 2025 Annual Incentive Program after negative discretion.
- 24%24% of target was earned by the fiscal years 2023–2025 Long-Term Incentive Plan PSUs.
- $2M$2,000,000 was Hurlston’s sign-on bonus, alongside approximately $23,000,000 in replacement equity incentives.
- 94.8%94.8% of stockholders supported say-on-pay at the November 2024 advisory vote.
Other Lumentum Holdings proxy statements
- 2026 proxy statement
Michael Hurlston paid $15.4M (-44% on the year), pay ratio 1,478:1.
Filed Oct 06, 2026
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.