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15 Apr

PVH Pay: Stefan Larsson’s Compensation Revealed

PVH Pay: Stefan Larsson’s Compensation Revealed
, chief executive officer of PVH Corp., saw his compensation slip 17.5 percent to $12.1 million last yr, in response to the corporate’s proxy statement filed with the Securities & Exchange Commission.  The largest a part of the CEO’s pay got here from stock and option awards that were valued at $8 million within the filing, although Larsson’s actual take will depend upon how well the stock performs — tying his own return to the fortunes of shareholders. He also received $2.2 million in incentive pay and a salary of $1.3 million together with other types of compensation.  Larsson, who took the lead on the Tommy Hilfiger and Calvin Klein parent in 2021, has been transforming the business along with his PVH+ plan,...
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28 Mar

PVH Revenues Top Estimates With Strength at Tommy and Calvin

PVH Pay: Stefan Larsson’s Compensation Revealed
Stefan Larsson is feeling positive.  Tommy Hilfiger and Calvin Klein powered through an uncertain holiday season, pushing PVH Corp. to better-than-expected fourth-quarter sales gains with strength across the globe. That counts as a proof point for Larsson, who leads the corporate as chief executive officer and laid out his PVH+ strategic plan almost a 12 months ago.  Larsson told WWD that the plan — which starts with crucial products and backs them up with a 360-degree push for consumer engagement — has brought a recent sort of focus to the brands and that it's showing up within the firm’s financial results. “We got here into the vacation season and the tip of the 12 months mindful of the unprecedented combination of macro challenges and our...
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