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Software Saviors: Forbes CIO Next List Highlights Tech Leaders Preparing Businesses For A Post-Pandemic Recovery

Software Saviors: Forbes CIO Next List Highlights Tech Leaders Preparing Businesses For A Post-Pandemic Recovery
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Prominent Silicon Valley VC Marc Andreessen coined the phrase “software is eating the world” to emphasize how digital insurgents have transformed industry after industry. After the past year’s events, perhaps it’s time to rephrase that to “software is saving the world.”
Computers and the programs they run have played a crucial role in supporting researchers hunting for Covid-19 vaccines, governments trying to keep track of the virus’s spread via mobile apps and companies shifting millions of employees to remote work and launching new e-commerce sites to stay connected to customers. ....

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Lululemon Power Players: Meet the 11 execs leading the brand's growth

Lululemon; Skye Gould/Insider
Lululemon continues to outpace sales expectations during the pandemic due to demand for athleisure.
The company has also succeeded in investing in digital growth, including its acquisition of Mirror.
Insider identified 11 power players driving the brand s growth, based on public info and past reporting.
Lululemon had an impressive 2020, and now its gearing up for an even bigger 2021.
The athleticwear company, best known for championing the athleisure trend, has been among the rare few winners of the pandemic as demand for comfortable clothing among remote workers and quarantined Americans has skyrocketed. In its most recent quarter, Lululemon reported a 22% year-over-year increase in net revenue, reaching $1.1 billion, while its e-commerce business nearly doubled, growing by 94%. ....

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Here's how much Lululemon Athletica pays its executives

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Sales continued to grow for Lululemon Athletica according to its third quarter results, with a 22% increase in net revenue compared to the third quarter of 2019.
In 2019, the athleisure maker paid its executives between $2 million and $11.3 million. For most Lulu executives, long-term awards made up more than half of total reported compensation.
The athleisure firm has seen sales soar as the pandemic increased demand for stay-at-home wear.
Quarantine has been a success for athleisure brand Lululemon Athletica comfy work-from-home attire and the at-home fitness boom have fueled sales during the pandemic. Third quarter results showed a 22% increase in revenue when compared to the third quarter of 2019, with revenue at $1.1 billion. ....

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