Mackey J. McDonald held a substantial number of shares in V.F. Corporation during his tenure, with a peak reported ownership of around 1.28 million shares as of early 2003. This stake highlighted his strong belief in the company’s future and...
Mackey J. McDonald held a substantial number of shares in V.F. Corporation during his tenure, with a peak reported ownership of around 1.28 million shares as of early 2003. This stake highlighted his strong belief in the company’s future and aligned his interests with those of the shareholders. Over time, fluctuations in his holdings for stock options and performance-based shares showed a direct connection to his performance as CEO. In 2003, he had 1,156,667 options that were set to vest reflecting his engagement in business strategies that yielded increased earnings per share for the company. McDonald’s significant ownership signifies his strong belief in the company’s potential for long-term growth and commitment to its success. After retirement in 2008, the value of his holdings reflected both his contributions to the company and the overall market performance of the apparel industry, showing how executive decisions can impact personal financial outcomes.