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Lumentum Holdings Executive Compensation (FY25)

LITE · San Jose, CA · Executive and director compensation, fiscal 2023 to 2025
Data as of September 7, 2026Latest filing (8-K): November 24, 2025
391 figures on this page: 382 cited to the filing that reported them, 9 calculated from figures it prints. See the citations
Total compensation for Michael Hurlston, President and Chief Executive Officer, came to $27,670,076 in fiscal 2025, and the company reported a chief executive pay ratio of 2,884:1 for fiscal 2025, against median employee compensation of $9,595. For fiscal 2025, shareholders backed the say-on-pay proposal with 88.9% of votes cast for or against in favor at the meeting held November 19, 2025. The disclosed peer group names ADTRAN, Advanced Energy, Calix, Ciena and Cirrus, among others. The fiscal 2025 disclosure covers 6 named executive officers.
Chief executive, fiscal 2025
◇
Michael Hurlston
Median of the other named officers
$5,391,172
5 officers, excluding the chief executive
Latest say-on-pay support
=
November 19, 2025
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive of record: Alan Lowe → Michael Hurlston
Say-on-pay support: 95.2% → 88.9% (6.3 points lower)
CEO pay ratio: 603:1 → 2,884:1

Frequently asked questions

Answers drawn from the data on this page.
Who is Lumentum Holdings' chief executive and what were they paid?
Total compensation for Michael Hurlston, President and Chief Executive Officer, came to $27,670,076 in fiscal 2025.
What was Lumentum Holdings' say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 88.9% of votes cast for or against in favor at the meeting held November 19, 2025.
Which companies are in Lumentum Holdings' peer group?
The disclosed peer group names ADTRAN, Advanced Energy, Calix, Ciena and Cirrus, among others.
What is Lumentum Holdings' chief executive pay ratio?
The company reported a chief executive pay ratio of 2,884:1 for fiscal 2025, against median employee compensation of $9,595.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Alan Lowe
Former President and Chief Executive Officer
◇—◇—◇—◇◇
Vincent Retort
Executive Vice President, Modules R&D and New Product Design and Development
◇—◇—◇—◇◇
Wajid Ali
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Alan Lowe
President and Chief Executive Officer
◇—◇—◇—◇◇
Wupen Yuen
President, Cloud & Networking
◇—◇—◇—◇◇
Vincent Retort
President, Industrial Tech and Chief Business Officer
◇—◇—◇—◇◇
Wajid Ali
Executive Vice President, Chief Financial Officer
◇—◇—◇—◇◇
Jason Reinhardt
Former Executive Vice President, General Manager of Imaging and Sensing
Departed during or after this year
◇—◇—◇—◇◇
Judy Hamel
Former Senior Vice President, General Counsel and Secretary
Departed during or after this year
◇—◇—◇—◇◇
Jae Kim
Senior Vice President, General Counsel and Secretary
◇◇◇———◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Alan Lowe
Former President and Chief Executive Officer
Departed during or after this year
◇—◇—◇—◇◇
Michael Hurlston
President and Chief Executive Officer
◇◇◇—◇—◇◇
Vincent Retort
Executive Vice President, Modules R&D and New Product Design and Development
◇—◇—◇—◇◇
Wupen Yuen
President, Cloud and Networking
◇◇◇—◇—◇◇
Wajid Ali
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Jae Kim
Senior Vice President, General Counsel and Secretary
◇◇◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Alan LoweRSU◇——◇——◇
Alan LoweRSU◇——◇——◇
Alan LowePSU◇◇◇—◇—◇
Alan LoweRSU◇——◇——◇
Alan LoweRSU◇——◇——◇
Alan LoweRSU◇——◇——◇
Alan LoweRSU◇——◇——◇
Jae KimRSU◇——◇——◇
Jae KimRSU◇——◇——◇
Jae KimRSU◇——◇——◇
Jae KimPSU◇◇◇—◇—◇
Jae KimRSU◇——◇——◇
Jae KimRSU◇——◇——◇
Jae KimRSU———◇——◇
Jae KimRSU◇——◇——◇
Michael HurlstonRSU◇——◇——◇
Michael HurlstonRSU◇——◇——◇
Michael HurlstonRSU◇——◇——◇
Vince RetortRSU◇——◇——◇
Vince RetortPSU◇◇◇—◇—◇
Vincent RetortRSU◇——◇——◇
Vincent RetortRSU◇——◇——◇
Vincent RetortRSU◇——◇——◇
Vincent RetortRSU◇——◇——◇
Vincent RetortRSU◇——◇——◇
Vincent RetortRSU◇——◇——◇
Vincent RetortRSU◇——◇——◇
Wajid AliRSU◇——◇——◇
Wajid AliRSU◇——◇——◇
Wajid AliRSU◇——◇——◇
Wajid AliRSU◇——◇——◇
Wajid AliPSU◇◇◇—◇—◇
Wajid AliRSU◇——◇——◇
Wajid AliRSU◇——◇——◇
Wajid AliRSU◇——◇——◇
Wajid AliRSU◇——◇——◇
Wupen YuenRSU◇——◇——◇
Wupen YuenRSU◇——◇——◇
Wupen YuenRSU◇——◇——◇
Wupen YuenRSU◇——◇——◇
Wupen YuenRSU◇——◇——◇
Wupen YuenRSU◇——◇——◇
Wupen YuenRSU◇——◇——◇
Wupen YuenRSU◇——◇——◇
Wupen YuenRSU◇——◇——◇
Wupen YuenRSU◇——◇——◇
Wupen YuenRSU◇——◇——◇
Wupen YuenPSU◇◇◇—◇—◇
Fiscal 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Wajid AliPSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
Jae KimRSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
Vincent RetortRSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
Michael HurlstonPSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
Wupen YuenPSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
Alan LowePSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Penelope A. Herscher
Board chair
◇◇———◇◇
Harold L. Covert
◇◇————◇
Ian S. Small
◇◇————◇
Julia S. Johnson
◇◇————◇
Brian J. Lillie
◇◇————◇
Pamela F. Fletcher
◇◇————◇
Isaac H. Harris
◇◇————◇
Paul R. Lundstrom
◇◇———◇◇
Janet S. Wong
◇—————◇
Michael E. Hurlston and Alan S. Lowe served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance member◇
Board meeting fee◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • ADTRAN ADTN
  • Advanced Energy AEIS
  • Calix CALX
  • Ciena CIEN
  • Cirrus CRUS
  • Coherent COHR
  • Diodes DIOD
  • Entegris ENTG
  • Extreme Networks EXTR
  • IPG Photonics IPGP
  • MaxLinear MXL
  • MKS Instruments MKSI
  • OSI Systems OSIS
  • Semtech SMTC
  • Skyworks Solutions SWKS
  • Synaptics SYNA
  • Universal Display Corporation OLED
  • Viasat VSAT
  • Viavi Solutions VIAV
  • Wolfspeed WOLF

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025November 19, 2025=◇◇◇
2024November 20, 2024=◇◇◇
2023November 17, 2023=◇◇◇
2022November 16, 2022=◇◇◇
2021November 19, 2021=◇◇◇
2020November 19, 2020=◇◇◇
2019November 14, 2019=◇◇◇
2018November 9, 2018=◇◇◇
2017November 2, 2017=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Lumentum Holdings disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Lumentum Holdings sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
391 figures on this page: 382 cited to the filing that reported them, 9 calculated from figures it prints.
382 cited to the filing
9 calculated from the filing

Documents cited

  1. 0001628280-25-053795
  2. 0001308179-25-000615
    CEO Pay Ratio · Director Compensation · Fiscal Year 2025 Grants of Plan-Based Awards Table · Outside Director Compensation for Fiscal Year 2025 · and 2 more sections
  3. 0001628280-24-048886
  4. 0001308179-24-000748
    Summary Compensation Table
  5. 0001628280-23-039654
  6. 0001308179-23-000998
    Summary Compensation Table
  7. 0001628280-22-030473
  8. 0001628280-21-024070
  9. 0001193125-20-302557
  10. 0001633978-19-000074
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0001633978-18-000139
  12. 0001633978-17-000131
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Velarion, “Lumentum Holdings executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/LITE (accessed 2026).
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Tech — Hardware rankings

Chief executive pay — Tech — HardwareCEO pay ratio — Tech — HardwareSay-on-pay support — Tech — Hardware

Peers Lumentum Holdings discloses

The companies named in LITE's own disclosed peer group.

ADTRANAdvanced EnergyCienaCirrusCoherentDiodesIPG PhotonicsMaxLinearOSI SystemsSemtechSkyworks SolutionsSynapticsViavi SolutionsWolfspeed

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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