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...
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 business. Before joining Levi, he was a Group President at Procter & Gamble, where he honed his leadership skills over nearly three decades. Under his leadership, Levi has made strides in aligning its goals with sustainability and innovation. Interestingly, Bergh's compensation for fiscal year 2023 was $15.6 million, reflecting a mix of salary, bonuses, and stock awards tied to the company’s performance. He has a notable impact on insider trading, with significant fluctuations in his stock holdings over the years, peaking at around $82 million in May 2021. This connection to stock performance shows how the value of his leadership is linked directly to the success of Levi Strauss, a brand that not only stands out in apparel but also champions responsible business practices.