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Lumentum Holdings Executive Compensation (FY26)

LITE · San Jose, CA · Executive and director compensation, fiscal 2022 to 2026
Chief executive, fiscal 2026
◇
Michael Hurlston
Latest say-on-pay support
=
November 19, 2025
Chief executive pay ratio
◇
To the median employee
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Data as of October 22, 2026Latest filing (DEF 14A): October 6, 2026
14 filings cited on this page
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Lumentum Holdings brief$1,500Get the executive brief
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363 figures on this page: 354 cited to the filing that reported them, 9 calculated from figures it prints. See the citations
What changed from fiscal 2025 to fiscal 2026
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Michael Hurlston: $27,670,076 → $15,392,731 (44.4% lower)
Say-on-pay support: 95.2% → 88.9% (6.3 points lower)
CEO pay ratio: 2,884:1 → 1,478:1 (48.8% lower)

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 $15,392,731 in fiscal 2026. Hurlston's total moved 44.4% lower from the $27,670,076 reported for 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 Advanced Energy, Calix, Ciena, Cirrus and Coherent, among others.
What is Lumentum Holdings' chief executive pay ratio?
The company reported a chief executive pay ratio of 1,478:1 for fiscal 2026.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Alan Lowe
President and Chief Executive Officer
◇—◇—◇—◇◇
Vincent Retort
Chief Operations Officer and Executive Vice President
◇—◇—◇—◇◇
Wajid Ali
Executive Vice President, Chief Financial Officer
◇—◇—◇——◇
Jason Reinhardt
Executive Vice President, Global Sales and Product
◇—◇—◇—◇◇
Judy Hamel
Senior Vice President, General Counsel and Secretary
◇—◇—◇—◇◇
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
◇◇◇—◇—◇◇
Fiscal 2026
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Michael Hurlston
President and Chief Executive Officer
◇—◇—◇—◇◇
Wajid Ali
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Wupen Yuen
President, Global Business Units
◇—◇—◇—◇◇
Vincent Retort
Executive Vice President, Global Reliability & Quality
◇—◇—◇—◇◇
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 2026
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Jae KimPSU◇◇◇—◇—◇
Jae KimPSU◇—◇———◇
Jae KimPSU◇◇◇—◇—◇
Jae KimRSU◇——◇——◇
Jae KimPSU◇—————◇
Michael HurlstonRSU◇——◇——◇
Michael HurlstonPSU◇◇◇—◇—◇
Michael HurlstonPSU◇—◇———◇
Michael HurlstonPSU◇◇◇—◇—◇
Vincent RetortRSU◇——◇——◇
Vincent RetortPSU◇—————◇
Vincent RetortPSU◇—————◇
Vincent RetortPSU◇◇◇—◇—◇
Wajid AliRSU◇——◇——◇
Wajid AliPSU◇◇◇—◇—◇
Wajid AliPSU◇—◇———◇
Wajid AliPSU◇—————◇
Wajid AliPSU◇◇◇—◇—◇
Wupen YuenPSU◇◇◇—◇—◇
Wupen YuenRSU◇——◇——◇
Wupen YuenPSU◇—————◇
Wupen YuenPSU◇—————◇
Wupen YuenPSU◇◇◇—◇—◇
Fiscal 2022, 2024, 2025 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 2026 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Wupen YuenRSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Wajid AliRSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
Michael HurlstonPSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
Vincent RetortPSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Jae KimRSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
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.

Severance and change in control

The terms as written in the agreements.
Michael Hurlston
President and Chief Executive Officer · Terms as described in the company’s compensation discussion · dated January 28, 2025
Severance multiple◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇

Director compensation

What each non-employee director was paid.
Fiscal 2026
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Isaac H. Harris
◇◇————◇
Pamela F. Fletcher
◇◇————◇
Paul R. Lundstrom
◇◇————◇
Penelope A. Herscher
Board chair
◇◇————◇
S. Thad Trent
◇◇————◇
Ian S. Small
◇◇————◇
Julia S. Johnson
◇◇————◇
Brian J. Lillie
◇◇————◇
Harold L. Covert
◇—————◇
Michael E. Hurlston served on the board in fiscal 2026 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◇
Board chair premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Board meeting fee◇
Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2026
  • 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 OSI
  • Semtech SMTC
  • Skyworks Solutions SWKS
  • Synaptics SYNA
  • 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
◇

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- Michael Hurlston (President and Chief Executive Officer), FY2026 total compensation $15,392,731 (base salary $900,000) [exec_comp, SEC accession 0001308179-26-000420, filed 2026-10-06]

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What this page does not include

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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.
363 figures on this page: 354 cited to the filing that reported them, 9 calculated from figures it prints.
354 cited to the filing
9 calculated from the filing

Documents cited

  1. 0001308179-26-000420
    CEO Pay Ratio · Director Compensation · Fiscal Year 2026 Grants of Plan-Based Awards Table · Outstanding Equity Awards at Fiscal Year-End Table · and 1 more section
  2. 0001628280-25-053795
    844,641 98,769 6,273,339 (ii) To approve, on a non-binding advisory basis, the compensation of the Company’s named executive officers: For: Against: Abstentions: Broker Non-Votes
  3. 0001308179-25-000615
    EX-10.1 · Summary Compensation Table
  4. 0001628280-24-048886
  5. 0001308179-24-000748
    Summary Compensation Table
  6. 0001628280-23-039654
  7. 0001308179-23-000998
    Summary Compensation Table
  8. 0001628280-22-030473
  9. 0001206774-22-002471
    Summary Compensation Table
  10. 0001628280-21-024070
  11. 0001193125-20-302557
  12. 0001633978-19-000074
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0001633978-18-000139
  14. 0001633978-17-000131
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Velarion, “Lumentum Holdings executive compensation, FY2022–FY2026.” https://intel.velarion.ai/comp/LITE (accessed 2026).
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14 filings cited on this page
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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.

Advanced EnergyCalixCienaCirrusCoherentDiodesEntegrisExtreme NetworksIPG PhotonicsMaxLinearMKS InstrumentsSemtechSkyworks SolutionsSynapticsViasatViavi SolutionsWolfspeed

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

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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