Fred Gehring is the former CEO of Tommy Hilfiger and served as CEO of PVH Europe. With a Bachelor's degree in Business Administration from the University of Amsterdam, he has a solid foundation in business management. Under his leadership, PVH...

Number of Employees

29K

Year

2013

Total Compensation

$19.61M

Salary

$1.25M

Board Justification

The compensation philosophy emphasizes performance-based pay, aligning executive compensation with company performance and shareholder interests.

Bonus

$8.19M

Board Justification

Bonus payout based on the aggregate earnings of the Tommy Hilfiger business and the overall corporate earnings for 2013, with payouts between target and maximum levels.

Other

$185.62K

Board Justification

Other compensation includes contributions to the Zwitserleven Pensioen Plan and other benefits.

Restricted Stock

$9.98M(0 Performance Share Units)

Board Justification

No stock awards were granted in 2013; instead, a GRIP II award of performance share units was provided.

Performance Metrics

Performance metrics for bonuses included earnings before interest and taxes for the Tommy Hilfiger business and overall corporate earnings.

SEC Filing

From May 16, 2014