Chip Bergh, the CEO of Levi Strauss & Co., has been steering the company since September 2011. With a B.S. in Business Administration from the University of California, Berkeley, he brings a strong academic foundation combined with extensive experience in...

Current Market Cap

$6.36B

Number of Employees

19.1K

Total Compensation

2019 - 2023

Trending down by -59.21% last year
Showing total compensation for the last 2019 - 2023

Stock

Down by -74.32% last year

Salary

Up by 1.30% last year

Bonus

Down by -43.75% last year

Other

Down by -23.13% last year

Year

2023

Total Compensation

$6.37M

Salary

$1.55M

Board Justification

The compensation philosophy is designed to attract, motivate, and retain high-performing talent, aligning executive compensation with company performance and shareholder interests.

Bonus

$1.74M

Board Justification

The bonus is based on a combination of company financial performance (19% achieved) and individual performance (110% achieved) under the Annual Incentive Plan for fiscal year 2023.

Other

$388.54K

Board Justification

Other compensation includes executive perquisites, 401(k) plan match, deferred compensation match, and charitable match.

Restricted Stock

$2.69M(161.61K RSU)

Board Justification

The stock awards that vested in 2023 are primarily performance-based RSUs that are part of the long-term incentive plan, with a total of 161,607 shares vesting based on performance metrics.

Performance Metrics

The performance metrics for determining the compensation include Adjusted EBIT, Net Revenues, and Cash Conversion Cycle.

SEC Filing

From March 14, 2024

Chip Bergh

CEO of Levi Strauss & Co.

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Education

B.S. in Business Administration from the University of California, Berkeley

Field of Expertise

Business & Management

Born

November 24, 1960 - 63 years ago

Is Founder?

No

Current Tenure

13 years 2 months (Sep 2011 - Present)

Previous Experience

President of the Americas at Levi Strauss & Co.

View Holdings

Insider Holdings of Chip Bergh

HPQLEVIVFC

$1.00M

-$45.70M (-97.85%)

Last Insider Trade

PINS

$259.99K

PINS at $41.44/share

May 24, 2024

Received