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    Fran Horowitz

    Chief Executive Officer at Abercrombie & Fitch Co
    Board
    Since February 2017
    Age
    61 years
    Tenure
    Joined ANF in October 2014 as the Brand President of Hollister, then served as President and Chief Merchandising Officer before becoming CEO in February 2017.

    Also at Abercrombie & Fitch Co

    Tddtcetao
    The documents disclose the current executive team as of
    Chief Executive Officer and Director
    GJH
    Gregory J. Henchel
    Executive Vice President, General Counsel, and Corporate Secretary
    JR
    Jay Rust
    Executive Vice President, Global Human Resources

    About

    Fran Horowitz is the Chief Executive Officer and a member of the Board of Directors at Abercrombie & Fitch Co., serving in this role since February 2017.

    She began her career at ANF in October 2014 as the Brand President of Hollister, later advancing to serve as President and Chief Merchandising Officer from December 2015 until her appointment as CEO.

    Prior to joining ANF, she held leadership positions at Ann Taylor Loft and Express, Inc., and developed extensive experience in merchandising at several prominent retail companies.

    In addition to her executive role at ANF, she has contributed to other organizations through board memberships, including roles with Conagra Brands, Chief Executives for Corporate Purpose, and the SeriousFun Children’s Network, while she remains 61 years old as noted in the available information.

    $ANF Performance Under Fran Horowitz

    Past Roles

    OrganizationRoleDate RangeDetails
    Abercrombie & Fitch Co. President and Chief Merchandising Officer for all brands December 2015 – February 2017 Ended role due to promotion
    Abercrombie & Fitch Co. Member of the Office of the Chairman December 2014 – February 2017 Served concurrently with other leadership roles
    Abercrombie & Fitch Co. (Hollister) Brand President of Hollister October 2014 – December 2015 N/A
    Ann Taylor Loft (ANN Inc.) President October 2013 – October 2014 Division of ANN Inc.
    Express, Inc. Executive Vice President of Women’s Merchandising and Design May 2010 – November 2012 Served in various roles from February 2005
    Bloomingdale’s Various Merchandising Roles N/A N/A
    Bergdorf Goodman, Bonwit Teller, and Saks Fifth Avenue Various Positions N/A N/A

    External Roles

    OrganizationRoleDate RangeDetails
    Conagra Brands, Inc. Member of the Board of Directors July 2021 – Present Member of the Human Resources Committee
    Chief Executives for Corporate Purpose (CECP) Member of the Board of Directors October 2019 – Present CEO-led coalition transforming companies’ social strategy

    Fixed Compensation

    Data from  FY 2023
    Component NameAmountPayment ScheduleAdditional Details
    Salary$1,401,923 AnnuallyFixed salary for FY 2023
    Base Salary$1,350,000 AnnuallyBase salary for FY 2023
    Retirement Plan Contributions$19,018 Annually401(k) company contributions
    Life and Long-Term Disability Insurance Premiums$16,841 AnnuallyInsurance premiums for life & LTD
    Nonqualified Deferred Compensation - Executive Contributions$42,058 DeferredExecutive contributions in FY 2023
    Nonqualified Deferred Compensation - Aggregate Earnings$33,513 DeferredAggregate earnings for FY 2023
    Nonqualified Deferred Compensation - Aggregate Balance$659,649 As of Feb 3, 2024Balance carried forward

    Performance Compensation

    Data from  FY 2023

    Performance Share Awards (PSAs) & Restricted Stock Units (RSUs)

    MetricDetail
    Grant DateMarch 7, 2023
    Grant Date Fair Value (PSAs)$4,747,553
    Grant Date Fair Value (RSUs)$4,125,019
    Grant Date Stock Price (PSAs)$32.64
    Grant Date Stock Price (RSUs)$28.36
    Target PSA Shares145,452 shares
    Maximum PSA Shares290,904 shares
    VestingVest after performance period on April 1, 2026
    Performance MetricsAverage Net Sales Growth Rate (33.33%), Average Adjusted EBIT Margin (33.33%), Relative Total Shareholder Return (33.34%)

    Non-Equity Incentive Plan Compensation

    MetricSpring 2023Fall 2023
    Adjusted EBIT Threshold ($MM)-2 122
    Adjusted EBIT Target ($MM)48 229
    Adjusted EBIT Maximum ($MM)90 283
    Adjusted EBIT Actual ($MM)153 424
    Constant Currency Net Sales Threshold ($MM)1,600 2,100
    Constant Currency Net Sales Target ($MM)1,670 2,230
    Constant Currency Net Sales Maximum ($MM)1,735 2,285
    Constant Currency Net Sales Actual ($MM)1,771 2,509
    Weighted Average Payout200% N/A

    Grant Date: March 7, 2023
    Grant Date Fair Value: $4,725,000

    Annual Cash Incentive Program

    MetricDetail
    Performance MetricsAdjusted EBIT (70% weight) and Constant Currency Net Sales (30% weight)
    Payout Details (Spring & Fall)Mirrors Non-Equity Incentive Plan with a 200% payout
    Target Award175% of base salary with actual payout at 200%, resulting in $4,725,000 cash payout
    Grant DateMarch 7, 2023
    Grant Date Fair Value (Equity Awards)RSUs: $4,125,019, PSAs: $4,747,553
    VestingNot applicable – cash incentive paid annually

    This detailed breakdown covers the performance compensation components for FY 2023 using the available data.