Emanuel Chirico is the former CEO of PVH Corp., a major player in the fashion industry. He holds a Bachelor's degree in Business Administration from the University of Massachusetts. Chirico led the company through significant changes, including the impact of...

Number of Employees

29K

Year

2020

Total Compensation

$11.29M

Salary

$1.13M

Board Justification

The compensation philosophy emphasizes pay-for-performance, aligning executive compensation with the company's financial performance and stockholder interests, particularly in light of the challenges posed by the COVID-19 pandemic.

Bonus

$0.00

Board Justification

No annual bonus was paid due to the impact of the COVID-19 pandemic, with payout opportunities set 50% lower than standard.

Other

$2.17M

Board Justification

Other compensation includes contributions to retirement plans and other benefits.

Restricted Stock

$8.00M(8M RSU)

Board Justification

The stock awards consist of restricted stock units (RSUs) and performance share units (PSUs) granted in 2020, with the total value reflecting the aggregate grant date fair value of these awards.

Performance Metrics

The performance metrics for bonuses were adjusted to focus on corporate and business unit EBITDA, reflecting the need for cash generation and financial stability during the pandemic.

SEC Filing

From May 7, 2021

Emanuel Chirico

Ex-CEO of PVH

EC

Education

Bachelor's degree in Business Administration from the University of Massachusetts

Field of Expertise

Business & Management

Born

Invalid Date - 0 years ago

Is Founder?

No

Tenure

13 years 9 months (Mar 2006 - Jan 2020)

Previous Experience

Over 25 years of experience in the apparel industry, including various leadership roles at PVH Corp.