Sign in

    PVH Corp (PVH)

    Leadership Changes

    You might also like

    PVH Corp. is a global apparel company known for its iconic brands and extensive history in the fashion industry. The company designs and markets a wide range of products, including sportswear, jeanswear, intimate apparel, and accessories, under both owned and licensed trademarks. PVH operates through wholesale distribution, direct-to-consumer sales, and licensing, with a strong international presence in over 40 countries.

    1. Tommy Hilfiger - Offers a wide range of apparel and accessories, including sportswear, jeanswear, and footwear, known for its classic American style.
    2. Calvin Klein - Provides modern and sophisticated apparel, underwear, and accessories, recognized for its minimalist aesthetic and innovative designs.
    3. Heritage Brands Wholesale - Focuses on previously owned brands, offering products like dress shirts and intimate apparel, though these brands were sold in 2023.
    NamePositionExternal RolesShort Bio

    Amba Subrahmanyam

    Executive

    Chief People Officer

    None

    Chief People Officer since February 2024; previously EVP of People for PVH Americas and Calvin Klein Global; recognized for driving transformation and growth.

    David Savman

    Executive

    Chief Supply Chain Officer

    None

    Joined PVH in 2022; previously Head of Global Supply Chain at H&M; leads PVH's supply chain transformation under the PVH+ Plan.

    Eva Serrano

    Executive

    Global Brand President, Calvin Klein

    None

    Joined PVH in March 2023; previously President of Inditex Greater China; leads Calvin Klein's global strategy under the PVH+ Plan.

    Lea Rytz Goldman

    Executive

    Global Brand President, Tommy Hilfiger

    None

    Joined PVH in spring 2024; previously Managing Director of COS; focuses on brand desirability and sustainable growth.

    Mark D. Fischer

    Executive

    EVP, General Counsel, and Secretary

    None

    Joined PVH in 1999; oversees legal and compliance matters; promoted to EVP in 2013.

    Stefan Larsson

    Executive

    Chief Executive Officer

    None

    CEO of PVH since February 2021, previously President of PVH and CEO of Ralph Lauren; instrumental in driving the PVH+ Plan for growth.

    View Report →

    Zachary Coughlin

    Executive

    Chief Financial Officer

    None

    CFO of PVH since 2022; previously CFO at DFS Holdings (LVMH) and Converse (Nike); oversees PVH's financial operations.

    Ajay Bhalla

    Board

    Board Member

    President, Cyber & Intelligence at Mastercard; Advisor to World Economic Forum

    Appointed to PVH Board in August 2022; leads Mastercard's Cyber & Intelligence division; strategic advisor on cybersecurity and digital trust.

    Amanda Sourry

    Board

    Board Member

    Board Member at The Kroger Co.

    Joined PVH Board in 2016; Chair of Compensation Committee; former President of Unilever North America; expertise in marketing and sustainability.

    Amy McPherson

    Board

    Board Member

    Board Member at Royal Caribbean Cruises Ltd.

    Joined PVH Board in 2017; Chair of Nominating, Governance & Management Development Committee; extensive experience in business operations and development.

    Brent Callinicos

    Board

    Board Member

    Board Member at Baidu, Inc. and Rubicon Technologies, Inc.

    Joined PVH Board in 2014; extensive experience in treasury and financial leadership; also serves on boards of Baidu and Rubicon.

    G. Penny McIntyre

    Board

    Board Member

    Board Member at The Kroger Co.

    Joined PVH Board in 2015; Chair of Corporate Responsibility Committee; extensive experience in consumer products and sustainability.

    George Cheeks

    Board

    Board Member

    President & CEO of CBS Entertainment Group

    Joined PVH Board in 2021; member of Compensation and Corporate Responsibility Committees; extensive experience in media and entertainment leadership.

    Jesper Andersen

    Board

    Board Member

    EVP & CFO of LEGO Group

    Appointed to PVH Board in November 2024; EVP & CFO of LEGO Group since 2020; extensive experience in financial leadership at LEGO, Upfield, and Beiersdorf.

    Kate Gulliver

    Board

    Board Member

    CFO & CAO of Wayfair

    Appointed to PVH Board in August 2024; CFO & CAO of Wayfair since 2022; previously Chief People Officer and Head of Investor Relations at Wayfair.

    Michael M. Calbert

    Board

    Independent Chair of the Board

    Chairman of Dollar General Corporation

    Joined PVH Board in May 2022; independent Chair since June 2022; extensive experience in corporate finance and retail strategy.

    1. With the first wave of bringing the North America women's business in-house starting in 2025, what specific risks do you foresee in this complex multi-year transition, and how might it impact your margins and overall profitability during this period?

    2. Given the headwinds affecting your fourth quarter gross margin guidance, including increased promotional activity and supply chain disruptions, how confident are you in achieving your long-term target of 15% operating margin, and what steps are you taking to mitigate these pressures?

    3. Considering the investigation by China's Ministry of Commerce and the fact that China accounts for approximately 6% of your revenue and 16% of EBIT, how might this situation impact your business in China, and what contingency plans do you have in place?

    4. Inventory levels have increased by 9% year-over-year due to strategic investments in essential products to maintain a 95% in-stock rate; how do you plan to manage the risk of potential overstocking, especially in a more promotional environment, and ensure that this doesn't lead to increased markdowns?

    5. As you focus on quality of sales initiatives in Europe leading to a reduction in revenue, how sustainable is this strategy in the long term, and how do you balance the trade-off between top-line growth and improving margins while maintaining market share?

    Program DetailsProgram 1
    Approval DateMarch 27, 2024
    End Date/DurationJuly 30, 2028
    Total Additional Amount$2.0 billion
    Remaining Amount$2.019 billion as of November 3, 2024
    DetailsProgram extended and increased to manage capital structure and return value to shareholders. Includes flexibility for open market purchases, accelerated share repurchase programs, or privately negotiated transactions.

    Recent developments and announcements about PVH.

    8-K Filings

    • 8-K Filing

      ·
      2 days ago
      Financial Exhibits
      Leadership Changes

      PVH Corp announced that Executive VP, Controller James Holmes will step down effective April 30, 2025, with a transition through October 1. Erik Graf is appointed as Executive VP, Corporate Controller, effective May 1, with an annual base salary of $450,000.

      View full 8-K filing →