Patrice Louvet has been the CEO of Ralph Lauren Corporation since July 2017. He came from Procter & Gamble where he led significant global brands. Patrice's military background as a Naval Officer adds to his leadership experience. Under his direction,...

Number of Employees

23.3K

Year

2023

Total Compensation

$5.98M

Salary

$1.35M

Board Justification

The compensation philosophy aligns with company performance, peer benchmarking, and retention strategies, focusing on cash compensation and performance-based bonuses.

Bonus

$4.54M

Board Justification

Annual cash incentive bonus based on performance metrics established by the Executive Officer Annual Incentive Plan (EOAIP) for Fiscal 2024.

Other

$91.25K

Board Justification

Includes car service for travel to and from the office, financial planning services, and other benefits.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2023 as the focus is on cash compensation and bonuses for the year.

Performance Metrics

Performance metrics for the bonus included Total Company Revenue and Total Company Operating Profit Margin.

SEC Filing

From June 21, 2024