Levi Strauss Management

Management criteria checks 2/4

Levi Strauss' CEO is Michelle Gass, appointed in Jan 2024, has a tenure of less than a year. total yearly compensation is $36.43M, comprised of 3.6% salary and 96.4% bonuses, including company stock and options. directly owns 0.062% of the company’s shares, worth €3.72M. The average tenure of the management team and the board of directors is 6.3 years and 8.6 years respectively.

Key information

Michelle Gass

Chief executive officer

US$36.4m

Total compensation

CEO salary percentage	3.6%
CEO tenure	less than a year
CEO ownership	0.06%
Management average tenure	6.3yrs
Board average tenure	8.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Michelle Gass's remuneration changed compared to Levi Strauss's earnings?
Date	Total Compensation	Salary	Company Earnings
Aug 25 2024	n/a	n/a	US$155m
May 26 2024	n/a	n/a	US$144m
Feb 25 2024	n/a	n/a	US$124m
Nov 26 2023	US$36m	US$1m	US$250m

Compensation vs Market: Michelle's total compensation ($USD36.43M) is above average for companies of similar size in the German market ($USD3.63M).

Compensation vs Earnings: Insufficient data to compare Michelle's compensation with company performance.

CEO

Michelle Gass (56 yo)

less than a year

Tenure

US$36,434,452

Compensation

Ms. Michelle D. Gass serves as President & Director at Levi Strauss & Co. from January 02, 2023 and serves as its CEO from January 29, 2024. She has been an Independent Director at PepsiCo, Inc. since Marc...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Michelle Gass	CEO, President & Director	less than a year	US$36.43m	0.062% € 3.7m
Harmit Singh	Executive VP & Chief Financial & Growth Officer	11.8yrs	US$9.45m	0.013% € 785.8k
Elizabeth O'Neill	COO & Executive VP	4yrs	US$2.55m	0.011% € 671.5k
Aida Orphan	Senior Director of Investor Relations & Risk Management	no data	no data	no data
David Jedrzejek	Senior VP & General Counsel	1.4yrs	no data	0.026% € 1.6m
Kelly McGinnis	Senior VP & Chief Communications Officer	11.3yrs	no data	no data
Karyn Hillman	Senior VP & Chief Product Officer	11.3yrs	no data	no data
Wade Webster	Senior Vice President of Finance - Europe	7.5yrs	no data	no data
Sanjeev Mohanty	Senior VP & MD for U.S. and Canada	8.3yrs	no data	no data
Jin Yang	Managing Director of Greater China	6.3yrs	no data	no data
Amisha Jain	Senior VP & MD of South Asia-Middle East and Africa	2.4yrs	no data	no data
Jason Gowans	Senior VP & Chief Digital Officer	1.8yrs	no data	no data

6.3yrs

Average Tenure

56yo

Average Age

Experienced Management: LV2B's management team is seasoned and experienced (6.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Michelle Gass	CEO, President & Director	1.8yrs	US$36.43m	0.062% € 3.7m
Spencer Fleischer	Independent Director	11.3yrs	US$293.26k	0.033% € 2.0m
Christopher McCormick	Independent Director	8.6yrs	US$268.63k	0.020% € 1.2m
Robert Eckert	Independent Chairman of the Board	14.5yrs	US$495.69k	0.055% € 3.3m
Jennifer Ming	Independent Director	10.2yrs	US$274.30k	0.012% € 733.1k
Robert Haas	Chairman Emeritus	no data	US$121.00k	9.29% € 555.5m
Troy Alstead	Independent Director	12.6yrs	US$290.54k	0.026% € 1.6m
Jill Beraud	Independent Director	11.8yrs	US$277.51k	0.039% € 2.3m
Joshua Prime	Independent Director	5.2yrs	US$272.38k	0.59% € 35.4m
David Friedman	Independent Director	6.3yrs	US$272.71k	0.41% € 24.8m
Elliott Rodgers	Independent Director	3.9yrs	US$270.59k	0.0075% € 449.1k
Yael Garten	Independent Director	4.8yrs	US$264.38k	0.010% € 610.6k

8.6yrs

Average Tenure

66yo

Average Age

Experienced Board: LV2B's board of directors are considered experienced (8.6 years average tenure).

Levi Strauss Management

Management criteria checks 2/4

Key information

Recent management updates

Levi Strauss & Co. Appoints Dario Aguilar as Managing Director, Latin America, Effective December 2, 2024

Levi Strauss & Co. Announces Board Changes

Levi Strauss & Co. Appoints Gianluca Flore as Chief Commercial Officer

Levi Strauss & Co., Annual General Meeting, Apr 24, 2024

Levi Strauss & Co. Appoints David Marberger to the Board of Directors and Member of Audit Committee

Levi Strauss & Co. Announces Patricia Salas Pineda, A Class III Director, Retires from Board of Director

Recent updates

Levi Strauss & Co. Appoints Dario Aguilar as Managing Director, Latin America, Effective December 2, 2024

Levi Strauss & Co. Announces Board Changes

Third quarter dividend of US$0.13 announced

Third quarter 2024 earnings released: EPS: US$0.052 (vs US$0.024 in 3Q 2023)

Levi Strauss & Co. Declares Dividend Class A Common Stock and Class B Common Stock, Payable on November 14, 2024

Levi Strauss & Co. to Report Q3, 2024 Results on Oct 02, 2024

Upcoming dividend of US$0.13 per share

Second quarter dividend of US$0.13 announced

Levi Strauss & Co. to Report Q2, 2024 Results on Jun 26, 2024

Levi Strauss & Co. Appoints Gianluca Flore as Chief Commercial Officer

Levi Strauss Factory in Central Poland to Close by End November

Levi Strauss & Co. Reports Unaudited Consolidated Impairment Changes for the First Quarter Ended February 25, 2024

First quarter 2024 earnings released: US$0.027 loss per share (vs US$0.29 profit in 1Q 2023)

Levi Strauss & Co., Annual General Meeting, Apr 24, 2024

Upcoming dividend of US$0.12 per share at 2.9% yield

Fourth quarter dividend of US$0.12 announced

Full year 2023 earnings released: EPS: US$0.63 (vs US$1.43 in FY 2022)

Levi Strauss & Co. Provides Earnings Guidance for Fiscal 2024

Levi Strauss & Co. Appoints David Marberger to the Board of Directors and Member of Audit Committee

Levi Strauss & Co. Announces Patricia Salas Pineda, A Class III Director, Retires from Board of Director

Levi Strauss & Co. Announces CEO Changes

Levi Strauss & Co. Announces CEO Changes

Upcoming dividend of US$0.12 per share at 3.3% yield

New minor risk - Profit margin trend

Third quarter 2023 earnings released: EPS: US$0.024 (vs US$0.44 in 3Q 2022)

Levi Strauss & Co. Provides Revenue Guidance for the Fiscal Year 2023

Upcoming dividend of US$0.12 per share at 3.3% yield

Levi's Introduces New Products

Second quarter 2023 earnings released: US$0.004 loss per share (vs US$0.13 profit in 2Q 2022)

Levi Strauss & Co. Provides Earnings Guidance for the Fiscal 2023

Upcoming dividend of US$0.12 per share at 3.4% yield

Now 29% undervalued after recent price drop

First quarter 2023 earnings released: EPS: US$0.29 (vs US$0.49 in 1Q 2022)

Now 22% undervalued

Insider recently sold €83k worth of stock

Upcoming dividend of US$0.12 per share at 2.7% yield

Levi Strauss & Co. Declares Dividend, Payable on February 23, 2023

Full year 2022 earnings released: EPS: US$1.43 (vs US$1.38 in FY 2021)

Levi Strauss & Co. Appoints Jason Gowans as Senior Vice President and Chief Digital Officer, Effective February 6, 2023

Levi Strauss & Co. to Report Q4, 2022 Results on Jan 25, 2023

Levi Strauss & Co. Appoints Michelle Gass as President

Upcoming dividend of US$0.12 per share

Third quarter 2022 earnings released

Levi Strauss & Co. Provides Financial Guidance for Fiscal Year 2022

Upcoming dividend of US$0.12 per share

Second quarter 2022 earnings released: EPS: US$0.13 (vs US$0.16 in 2Q 2021)

Levi Strauss & Co. Declares Dividend, Payable on August 17, 2022

Levi Strauss & Co. Appoints Amisha Jain as Senior Vice President and Managing Director of South Asia-Middle East & Africa

Levi Strauss & Co. to Report Q2, 2022 Results on Jul 07, 2022

Levi Strauss & Co. Names Amisha Jain to Lead South Asia-Middle East and Africa

Levi Strauss & Co. (NYSE:LEVI) announces an Equity Buyback for $750 million worth of its shares.

Levi Strauss Reportedly to Sell Business

Upcoming dividend of US$0.10 per share

First quarter 2022 earnings released: EPS: US$0.49 (vs US$0.36 in 1Q 2021)

Levi Strauss & Co. Reaffirms Earnings Guidance for Fiscal 2022

Investor sentiment improved over the past week

Levi Strauss & Co. Announces Resignation of Jennifer Sey as Executive Vice President and President Brands

Upcoming dividend of US$0.10 per share

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Upcoming dividend of US$0.08 per share

Levi Strauss & Co. (NYSE:LEVI) announces an Equity Buyback for $200 million worth of its shares.

Third quarter 2021 earnings released

Levi Strauss & Co. (NYSE:LEVI) signed a purchase agreement to acquire Beyond Yoga.

Upcoming dividend of US$0.08 per share

Second quarter 2021 earnings released: EPS US$0.16 (vs US$0.92 loss in 2Q 2020)

Senior VP, Global Controller & Principal Accounting Officer has left the company

Upcoming dividend of US$0.06 per share

First quarter 2021 earnings released: EPS US$0.36 (vs US$0.39 in 1Q 2020)

Levi Strauss & Co. Raises Fiscal First-Half 2021 Reported Net Revenues Outlook to 24% to 25% Growth Compares to the First Half of 2020