Sundar PichaiSundar Pichai earned $164M in 2023

Stefan Larsson is the CEO of PVH Corp., the company behind famous brands like Calvin Klein and Tommy Hilfiger. He started his journey in retail with nearly 15 years at H&M before moving to become the Global President of Old...

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Stefan Larsson

CEO of PVH

Education

Not specified

Field of Expertise

Consumer Goods & Retail - Retail

Sector of Economy

Consumer Cyclical

Born

July 30, 2024 - 0 years ago

CEO of PVH for

5 years 3 months (Jan 2020 - Present)

Previous Experience

Formerly CEO of Old Navy and President of Gap Inc.

Holdings

See how much did Stefan Larsson make over time.

Stefan Larsson's stock holdings at PVH Corp. have seen remarkable changes, especially since he took the helm. His holdings have rapidly escalated in value, especially during significant earning periods. For example, in 2023, his holdings value fluctuated dramatically from $15.49...

Insider Trading

See recent insider trades of Stefan Larsson.

PVH

14,461 shares

PVH

May 7, 2024

Received

PVH

30,344 shares

PVH

Apr 10, 2024

Received

PVH

4,274 shares

PVH

Sep 15, 2023

Received

PVH

26,812 shares

PVH

May 2, 2023

Received

PVH

39,740 shares

PVH

Apr 6, 2023

Received

PVH

$1.00M

PVH at $53.94/share

Sep 6, 2022

Purchase

PVH

30,584 shares

PVH

May 2, 2022

Received

PVH

33,564 shares

PVH

Apr 5, 2022

Received

PVH

23,012 shares

PVH

Apr 5, 2021

Received

PVH

11,688 shares

PVH

Sep 10, 2020

Received

Compensation History

See how much did Stefan Larsson make over time.

In 2023, Stefan Larsson earned a total compensation of $1.64 million as CEO of PVH Corp. This figure is composed mainly of a base salary of nearly $1.35 million and a performance bonus that reached around $4.54 million. His bonus structure is quite interesting and designed to reward him based on meeting specific performance metrics, which include revenue and profit margins. Interestingly, Lars son has had benchmarks tied to ambitious targets he achieved in his prior positions, particularly with Ralph Lauren, where he once earned bonuses exceeding $7 million. The compensation package reflects a strong alignment with company performance, emphasizing the idea that top executives should benefit significantly when the company does well. His rewards further demonstrate the commitment to a performance-based pay philosophy that is common in successful companies, ensuring that the CEO's financial success is linked directly to the outcomes he drives for the company.

Year

2023

Total Compensation

$5.98M

Salary

$1.35M

Board Justification

The compensation philosophy aligns with company performance and aims to attract and retain top talent while ensuring competitive pay.

Bonus

$4.54M

Board Justification

Eligible for a bonus in Fiscal 2024 based on performance metrics including Total Company Revenue and Total Company Operating Profit Margin, with a target bonus of 300% of base salary.

Other

$91.25K

Board Justification

Includes benefits such as car service, financial planning services, and annual executive medical exam.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2023 as the focus is on performance-based equity awards that vest based on future performance.

Performance Metrics

Performance metrics include Total Company Revenue, Total Company Operating Profit Margin, and strategic growth accelerators.

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