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,...
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, Ralph Lauren has focused on performance and accountability, driving cash compensation strategies with significant bonuses that can reach up to 600% of his base salary. In 2023, his total compensation was around $1.85 million, including a base salary of $1.35 million and an impressive bonus structure based on company performance metrics such as revenue and profit margins. Patrice is also a member of the board of Bacardi Limited, which shows he has ties to luxury brands outside of Ralph Lauren. Interestingly, his personal stock holdings showed considerable fluctuations, reaching as high as $39.63 million in December 2020 before settling lower in 2022. Patrice has consistently emphasized the importance of aligning executive compensation with company goals. This aligns with their strategy of focusing on growth and brand development in the competitive fashion industry. Overall, Patrice Louvet's leadership style combines experience, strategic vision, and financial acumen to steer Ralph Lauren forward.