Juan Figuereo
DECKERS OUTDOORAbout Juan R. Figuereo
Independent director at Deckers Outdoor Corporation (DECK) since 2020; age 69. He chairs the Audit & Risk Management Committee and has been designated an “audit committee financial expert.” He holds a B.B.A. from Florida International University and previously worked eight years as a certified public accountant. Current external board: Western Alliance Bancorporation (audit chair), with prior CFO roles at Revlon, NII Holdings (Nextel), Newell Brands, and Cott; senior roles at Walmart and PepsiCo.
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Revlon (NYSE: REV) | EVP & CFO | 2016–2017 | Finance leadership for global beauty company |
| NII Holdings (NASDAQ: NIHD) | EVP & CFO | 2012–2015 | Oversaw finance; NII filed for bankruptcy on Sep 15, 2014 (context for risk) |
| Newell Brands (NYSE: NWL) | EVP & CFO | 2009–2012 | Led finance for global consumer products |
| Cott Corporation (NYSE: PRMW) | EVP & CFO | 2007–2009 | Beverage sector finance leadership |
| Walmart (NYSE: WMT) | Vice President, M&A | Prior to CFO roles | Global M&A execution |
| PepsiCo (Nasdaq: PEP) | Senior management roles | Prior to CFO roles | Finance/operations leadership |
| PVH Corp (NYSE: PVH) | Director; Audit Chair (prior) | Prior period | Audit oversight in apparel |
External Roles
| Company | Role | Tenure | Committees |
|---|---|---|---|
| Western Alliance Bancorporation (NYSE: WAL) | Director; Audit Committee Chair | Current | Finance & Investment; Nominating, Corporate Governance & Social Responsibility |
| Diversey, Inc. (Nasdaq: DSEY) | Director; Audit Committee Chair | Apr 2021–Jul 2023 | Nominating & Corporate Governance |
| Ocean Azul Partners, LLC | Venture Partner | Current | Early-stage investments |
| Professional Associations | Member | Current | National Association of Corporate Directors; Florida Institute of CPAs |
Board Governance
- Committee assignments: Audit & Risk Management (Chair); DECK has three standing committees all composed of independent directors. Audit & Risk met 10 times in FY2025; Board met 6 times.
- Independence: Board has determined Figuereo is independent under NYSE/SEC rules; nine of ten directors are independent if all nominees elected.
- Attendance and engagement: No director nominee attended fewer than 80% of Board or committee meetings in FY2025; independent director executive sessions at every Board meeting.
- Audit expert designation: Figuereo designated as audit committee financial expert by the Board.
- Risk oversight emphasis: Audit Committee oversight includes financial reporting integrity, auditor independence, internal audit, controls, cybersecurity, related-party policy, and Code of Ethics oversight.
Fixed Compensation
| Component (FY2025 Nonemployee Director Program) | Amount ($) | Notes |
|---|---|---|
| Annual Board Cash Retainer | 90,000 | Standard for all nonemployee directors |
| Committee Membership Fee (per committee) | 10,000 | Paid for each committee assignment |
| Audit & Risk Management Committee Chair Fee | 40,000 | Additional retainer for chair role |
| Equity Grant (fully vested common stock) | ~170,000 | Issued quarterly; number of shares based on 10‑day rolling average; fully vested at grant |
| Director | Fees Earned ($) | Stock Awards ($) | Total ($) |
|---|---|---|---|
| Juan R. Figuereo | 140,000 | 169,670 | 309,670 |
- The $140,000 fees earned align with program parameters (annual board retainer $90,000; audit chair $40,000; committee membership $10,000). All or any portion of cash retainers can be taken in common stock at the director’s election.
Performance Compensation
| Equity Type | Grant Value | Vesting | Performance Metrics |
|---|---|---|---|
| Annual Common Stock for Board Service | ~$170,000 per year | Fully vested at grant; issued quarterly | None (director equity not performance‑based) |
- DECK’s director equity grants are not tied to revenue/EPS/TSR metrics; they are service-based and fully vested at issuance.
Other Directorships & Interlocks
| Relationship Type | Detail |
|---|---|
| Public company directorship | Western Alliance Bancorporation (audit chair) |
| Prior public boards | Diversey (audit chair), PVH (audit chair) |
| Interlocks/conflicts | No disclosed related-party transactions involving Figuereo; Talent & Compensation Committee interlocks none; only disclosed related-person case pertains to another director (Shanahan’s family employment). |
Expertise & Qualifications
- Financial literacy: Multiple public company CFO roles; audit chair at Western Alliance and prior boards; CPA background; B.B.A. FIU.
- Risk and compliance oversight: Chairs DECK’s Audit & Risk Management Committee; oversight spans financial reporting, internal controls, cybersecurity, ethics, and related-party policy.
- International and supply chain: Executive leadership across global brands with worldwide operations; supply chain expertise from consumer products roles.
- M&A: Led mergers and acquisitions at Walmart.
Equity Ownership
| Holder | Beneficial Ownership (#) | Percent of Common Stock | Notes |
|---|---|---|---|
| Juan R. Figuereo | 3,330 | * (≤1.0%) | Additional 9,073 previously earned shares deferred under the Deferred Stock Unit Compensation Plan (excluded from table). |
| Shares Outstanding (6/30/2025) | 148,542,225 | — | Reference denominator for ownership |
- Stock ownership guidelines: Directors must hold 5x annual board cash retainer; as of end of FY2025, all officers and directors were in compliance. Hedging and pledging of Company stock are prohibited by policy.
Governance Assessment
- Board effectiveness: As Audit Chair and an audit committee financial expert, Figuereo strengthens financial reporting oversight and cybersecurity risk governance; Audit met 10 times in FY2025 indicating active engagement.
- Independence and attendance: Independent; no attendance shortfalls; executive sessions held each meeting enhance independent oversight.
- Alignment and incentives: Director pay is balanced between cash and fully vested equity (~$170k), with optional stock payment of cash retainers; ownership guidelines met; no hedging/pledging permitted.
- Conflicts/related parties: No disclosed related-party transactions or conflicts tied to Figuereo; related-person oversight resides with the Audit Committee he chairs.
- RED FLAGS: Prior CFO role at NII Holdings during a bankruptcy (2014) is historical context for risk due diligence but not indicative of issues at DECK; no say-on-pay concerns disclosed (company-wide support 92.3% in 2024; 95.7% in 2023). No tax gross-ups, repricing, hedging, or pledging permitted; clawback policy in place.
Implication: Figuereo’s deep CFO and audit chair credentials, combined with strong committee activity and compliance posture, support investor confidence in DECK’s financial oversight and risk management. The absence of related-party exposure and adherence to ownership/insider policies reduces governance risk.
