Franck J. Moison
HanesbrandsAbout Franck J. Moison
Independent director at Hanesbrands Inc. since 2015; age 71. Former Vice Chairman of Colgate-Palmolive with a 45-year career spanning global operations, supply chain, marketing, and R&D leadership. Education: Masters in Marketing (EDHEC Business School), MBA (University of Michigan), Executive MBA Program (Stanford) . Determined independent under NYSE standards; no related person transactions disclosed for 2024 .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Colgate-Palmolive Company | Vice Chairman | 2016–2018 | Senior leadership across global operations and governance |
| Colgate-Palmolive Company | COO, Emerging Markets & Business Development | 2010–2016 | Global growth and business development oversight |
| Colgate-Palmolive Company | President, Global Marketing, Supply Chain & R&D | 2007–2010 | Integrated global marketing and supply chain |
| Colgate-Palmolive Company | President, Western Europe, Central Europe & South Pacific | 2005–2007 | Regional P&L leadership |
| Colgate-Palmolive Company | Various Executive Positions | Since 1978 | Extensive consumer products industry experience |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| United Parcel Service, Inc. | Director | 2017–current | Large global logistics company; enhances supply chain oversight lens |
| VusionGroup (formerly SES imagotag) | Director | 2020–current | French public company in retail tech/electronic shelf labels |
| EDHEC Business School | Chairman, International Advisory Board | — | Academic governance role |
| Georgetown University (McDonough School of Business) | Member, International Board | — | Academic governance role |
Board Governance
- Committee memberships: Audit; Talent & Compensation .
- Committee chairs: Audit—Robert F. Moran (through May 1, 2025), then Sharilyn S. Gasaway; Talent & Compensation—James C. Johnson; Governance & Nominating—Geralyn R. Breig .
- Independence: Board determined Moison and 9 other directors independent; all committees fully independent .
- Attendance and engagement: Board met 5x; Audit 8x; Governance 4x; Talent & Compensation 5x in 2024; each director attended >75% of Board/committee meetings, and all attended the 2024 annual meeting; average incumbent attendance ~97% .
- Leadership: Independent Chairman of the Board (William S. Simon); non-management directors meet regularly in executive session .
- Stockholder engagement and governance quality: Say-on-pay support ~94% in 2024; hedging/pledging prohibited; no poison pill; proxy access; overboarding policy (≤3 other public boards) met—Moison serves on 2 .
Fixed Compensation
| Component (FY2024) | Amount (USD) | Notes |
|---|---|---|
| Cash fees | $117,500 | Total fees earned/paid in cash |
| Committee member retainers | Audit: $5,000; Talent & Compensation: $2,500 | Standard member fees (applied to Audit/T&C members) |
| Committee chair retainers | N/A | Moison not a chair |
Performance Compensation
| Equity Element (FY2024) | Grant Value | Vesting | Performance Metrics |
|---|---|---|---|
| RSUs (annual director grant) | $154,999 | One-year vesting; directors can defer RSUs into the Director Deferred Compensation Plan | None—director RSUs are time-based; no TSR/financial metrics |
- Director stock ownership/retention guidelines: Must hold shares ≥5x annual cash retainer; all directors in compliance .
Other Directorships & Interlocks
| Company | Role | Potential Interlock/Conflict Considerations |
|---|---|---|
| UPS | Director | UPS is a global logistics provider; HBI’s Audit Committee oversees ESG/cyber and risk, and Governance Committee oversees related party policy—2024 disclosed no related-person transactions . |
| VusionGroup | Director | Retail technology vendor; no HBI related-person transactions disclosed in 2024 . |
- Talent & Compensation Committee interlocks: None; no insider participation; no related party relationships requiring disclosure .
Expertise & Qualifications
- Deep global operations and supply chain expertise (supports HBI’s vertically integrated supply chain and cost discipline) .
- Financial management and governance experience through public company board service at UPS and VusionGroup .
- International business experience and consumer products industry depth .
Equity Ownership
| As-of Date | Beneficial Shares | RSUs Outstanding | Stock Equivalent Units (Deferred Plans) | Total Count | % of Outstanding |
|---|---|---|---|---|---|
| Dec 28, 2024 | — | 33,477 | — | 33,477 | — |
| Feb 24, 2025 | 101,429 | 18,630 | — | 120,059 | “*” (percentage not specified in proxy table) |
- Shares outstanding on Feb 24, 2025: 353,108,984 .
- Hedging/pledging of company stock prohibited .
- Ownership guideline compliance confirmed for all directors .
Governance Assessment
- Board effectiveness: Moison contributes sector (consumer products) and operational expertise across Audit and Talent & Compensation committees, aligning with HBI’s focus on margin expansion, risk oversight, and human capital strategy .
- Independence and engagement: Independent director with strong attendance (Board-wide metrics) and participation; committees are fully independent; executive sessions are regular, supporting robust oversight .
- Alignment and incentives: Annual RSU grant with one-year vesting and stringent ownership guidelines (5x cash retainer) foster skin-in-the-game; hedging/pledging prohibited; director compensation structure unchanged from 2023—stable governance pay practices .
- Conflicts/related-party exposure: No related person transactions reported for 2024; no compensation committee interlocks; overboarding policy met (two other boards) .
- Investor confidence signals: Strong say-on-pay support (~94% in 2024), independent chair, declassified board, proxy access, and active stockholder outreach underpin governance quality .
RED FLAGS: None disclosed for 2024 regarding related-party transactions, hedging/pledging, option repricing, or low attendance .