Bracken Darrell [May 23

President and Chief Executive Officer at VF Corp

Board

Since July 17, 2023

Age

61 years

Education

Holds a BA from Hendrix College and an MBA from Harvard Business School.

Tenure

Joined VF Corporation as President and Chief Executive Officer on July 17, 2023 and has assumed full leadership responsibilities since then.

Also at VF Corp

RTC[1

Richard T. Carucci [June 11

Chair of the VF Board

BEH[2

Brent E. Hyder [May 23

Executive Vice President, Chief People Officer

BHM[2

Bryan H. McNeill [May 23

Vice President, Controller, and Chief Accounting Officer

About

Bracken Darrell is the President and Chief Executive Officer of VF Corporation, having taken on the role on July 17, 2023. Prior to joining VF Corporation, he built an extensive career at companies such as Logitech International, Whirlpool Corporation, Procter & Gamble, and General Electric, where he was recognized for turning around business operations and driving strategic growth.

His leadership has been marked by significant achievements including expanding product categories, doubling revenue, and increasing market capitalization during his tenure at previous employers.

Balancing professional success with a commitment to sustainability and corporate diversity, he earned a BA from Hendrix College and an MBA from Harvard Business School, forming a strong academic foundation that has informed his strategic vision throughout his career.

$VFC Performance Under Bracken Darrell [May 23

Past Roles

Organization	Role	Date Range	Details
Logitech International, S.A.	President and CEO	Jan 2013 – Jun 2023	Joined as President in Apr 2012; promoted to CEO in 2013; credited with turning around the company
Whirlpool Corporation	President, EMEA	2008 – 2012	N/A
Procter & Gamble	President of Braun globally	2002 – 2008	Held various international leadership roles; responsible for transforming brands
General Electric	General Manager, Consumer Home Service	1997 – 2002	N/A
Procter & Gamble	Brand Manager	1991 – 1997	N/A

External Roles

Organization	Role	Date Range	Details
Sonos, Inc.	Director	May 23, 2024 – Present	N/A

Fixed Compensation

Data from FY 2024

Component Name	Amount	Payment Schedule	Additional Details
Base Salary	$1,300,000	Annual	Fixed annual salary
Make-Whole Equity Awards	$3,000,000	50% vest on July 17, 2024; 50% vest on July 17, 2025	Composed of 50% RSUs and 50% Stock Options
Stock Options	262,208 options	50% vest on July 17, 2024; 50% vest on July 17, 2025	Exercise Price: $19.42; Grant Date Fair Value: $1,505,074
Restricted Stock Units (RSUs)	79,412 units	Unspecified	Market Value of Unvested Shares: $1,218,183
Other Compensation	$138,890	Annual	–

Performance Compensation

Data from FY 2024

Annual Bonus Opportunity for 2024

Metric	Value	Details
Target Bonus	$2,275,000	175% of base salary ($1,300,000)
Payout Range	0% to 200%	Prorated based on employment from July 17, 2023
Performance Metrics	N/A	Focus on revenue, operating income, and gross margin; specific thresholds not disclosed
Evaluation Period	Fiscal Year 2024	–

Annual Long-Term Incentive Plan Award for 2024

Metric	Value	Details
Grant Date	August 4, 2023	–
Total Grant Date Fair Value	$13,476,565	Includes multiple equity awards
Performance-Based RSUs (PRSUs) Target	250,697 units	Maximum at 225% of target: 564,068 units
PRSUs Grant Date Fair Value	$4,956,280	Vest over a 3-year performance period (2024-2026) based on financial performance and TSR
Stock Options Granted	786,622 options	Exercise Price: $19.42; Vest 50% after one year and 50% after two years
RSUs Granted	262,208 units	Vest 50% after one year and 50% after two years
Make-Whole Equity Award	77,240 RSUs	Vest 50% on July 17, 2024 and 50% on July 17, 2025
Performance Metrics	N/A	Based on financial performance goals and relative TSR; specific thresholds and weights not fully disclosed
Evaluation Period	3-year period (2024-2026)	–