Abercrombie & Fitch Management

Management criteria checks 2/4

Abercrombie & Fitch's CEO is Fran Horowitz, appointed in Feb 2017, has a tenure of 7.75 years. total yearly compensation is $15.04M, comprised of 9.3% salary and 90.7% bonuses, including company stock and options. directly owns 1.03% of the company’s shares, worth €72.20M. The average tenure of the management team and the board of directors is 6.6 years and 4.5 years respectively.

Key information

Fran Horowitz

Chief executive officer

US$15.0m

Total compensation

CEO salary percentage	9.3%
CEO tenure	7.8yrs
CEO ownership	1.0%
Management average tenure	6.6yrs
Board average tenure	4.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Fran Horowitz's remuneration changed compared to Abercrombie & Fitch's earnings?
Date	Total Compensation	Salary	Company Earnings
Aug 03 2024	n/a	n/a	US$502m
May 04 2024	n/a	n/a	US$425m
Feb 03 2024	US$15m	US$1m	US$328m
Oct 28 2023	n/a	n/a	US$208m
Jul 29 2023	n/a	n/a	US$110m
Apr 29 2023	n/a	n/a	US$36m
Jan 28 2023	n/a	n/a	US$3m
Oct 29 2022	n/a	n/a	US$30m
Jul 30 2022	n/a	n/a	US$79m
Apr 30 2022	n/a	n/a	US$205m
Jan 29 2022	US$13m	US$1m	US$263m
Oct 30 2021	n/a	n/a	US$280m
Jul 31 2021	n/a	n/a	US$275m
May 01 2021	n/a	n/a	US$172m
Jan 30 2021	US$12m	US$1m	-US$114m
Oct 31 2020	n/a	n/a	-US$113m
Aug 01 2020	n/a	n/a	-US$149m
May 02 2020	n/a	n/a	-US$186m
Feb 01 2020	US$8m	US$1m	US$39m
Nov 02 2019	n/a	n/a	US$53m
Aug 03 2019	n/a	n/a	US$71m
May 04 2019	n/a	n/a	US$98m
Feb 02 2019	US$8m	US$1m	US$75m
Nov 03 2018	n/a	n/a	US$52m
Aug 04 2018	n/a	n/a	US$38m
May 05 2018	n/a	n/a	US$26m
Feb 03 2018	US$10m	US$1m	US$7m

Compensation vs Market: Fran's total compensation ($USD15.04M) is above average for companies of similar size in the German market ($USD3.50M).

Compensation vs Earnings: Fran's compensation has increased by more than 20% in the past year.

CEO

Fran Horowitz (60 yo)

7.8yrs

Tenure

US$15,035,354

Compensation

Ms. Fran Horowitz has been the Chief Executive Officer and Director of Abercrombie & Fitch Co. since February 1, 2017. She is Independent Director of Conagra Brands, Inc. since August 02, 2021. Ms. Horowit...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Fran Horowitz	CEO & Director	7.8yrs	US$15.04m	1.03% € 72.2m
Scott Lipesky	Executive VP	7.1yrs	US$4.70m	0.21% € 14.6m
Samir Desai	Executive VP and Chief Digital & Technology Officer	3.3yrs	US$4.35m	0.055% € 3.8m
Gregory Henchel	Executive VP	6.1yrs	US$2.38m	0.079% € 5.5m
Mohit Gupta	Vice President of Investor Relations	no data	no data	no data
Kate Wagner	Vice President of Corporate Communications	no data	no data	no data
Jay Rust	Executive Vice President of Human Resources	1.5yrs	no data	0.0087% € 609.9k
James Bierbower	Executive Vice President of Human Resources	10.8yrs	no data	no data
Aaron Levine	Senior Vice President of Men's & Women's Design	no data	no data	no data

6.6yrs

Average Tenure

52.5yo

Average Age

Experienced Management: AFT's management team is seasoned and experienced (6.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Fran Horowitz	CEO & Director	7.8yrs	US$15.04m	1.03% € 72.2m
Nigel Travis	Independent Chairman	5.8yrs	US$490.67k	0.039% € 2.7m
Kerrii Anderson	Independent Director	6.8yrs	US$283.46k	0.084% € 5.9m
James Goldman	Independent Director	4.5yrs	US$280.01k	0.023% € 1.6m
Helen McCluskey	Independent Director	5.8yrs	US$285.96k	0.067% € 4.7m
Helen Vaid	Independent Director	1.8yrs	US$235.06k	0.0084% € 589.5k
Suzanne Coulter	Independent Director	4.5yrs	US$255.01k	0.031% € 2.2m
Andrew Clarke	Director	less than a year	no data	no data
Kenneth Robinson	Independent Director	3.8yrs	US$267.51k	0.016% € 1.2m
Arturo Nunez	Independent Director	less than a year	US$18.16k	no data

4.5yrs

Average Tenure

62.5yo

Average Age

Experienced Board: AFT's board of directors are considered experienced (4.5 years average tenure).

Abercrombie & Fitch Management

Management criteria checks 2/4

Key information

Recent management updates

Executive VP recently sold €1.2m worth of stock

Abercrombie & Fitch Co. Announces Election of Andrew Clarke to Its Board of Directors

Executive VP recently sold €1.5m worth of stock

Abercrombie & Fitch Co., Annual General Meeting, Jun 12, 2024

Insider recently sold €13m worth of stock

Kristin Scott to Leave Abercrombie & Fitch Co. as President, Global Brands and Managing Director, North America, Effective no Later Than March 30, 2024

Recent updates

Abercrombie & Fitch Co. to Report Q3, 2025 Results on Nov 26, 2024

Investor sentiment improves as stock rises 18%

Executive VP recently sold €1.2m worth of stock

Second quarter 2025 earnings released: EPS: US$2.60 (vs US$1.13 in 2Q 2024)

Abercrombie & Fitch Co. Revises Earnings Guidance for the Full Year 2024

Abercrombie & Fitch Co. Announces Election of Andrew Clarke to Its Board of Directors

Investor sentiment improves as stock rises 20%

Abercrombie & Fitch Co. to Report Q2, 2025 Results on Aug 28, 2024

Executive VP recently sold €1.5m worth of stock

Abercrombie & Fitch Co. Provides Earnings Guidance for the Second Quarter of 2024

First quarter 2025 earnings released: EPS: US$2.24 (vs US$0.33 in 1Q 2024)

Investor sentiment improves as stock rises 30%

New major risk - Share price stability

Abercrombie & Fitch Co. to Report Q1, 2025 Results on May 29, 2024

Now 21% undervalued

Investor sentiment improves as stock rises 16%

Abercrombie & Fitch Co., Annual General Meeting, Jun 12, 2024

New minor risk - Shareholder dilution

Now 24% undervalued

Insider recently sold €13m worth of stock

Investor sentiment deteriorates as stock falls 15%

Now 23% undervalued

Full year 2024 earnings released: EPS: US$6.53 (vs US$0.056 in FY 2023)

Abercrombie & Fitch Co. Provides Earnings Guidance for the First Quarter and Full Year 2024

Kristin Scott to Leave Abercrombie & Fitch Co. as President, Global Brands and Managing Director, North America, Effective no Later Than March 30, 2024

Abercrombie & Fitch Co. to Report Q4, 2024 Results on Mar 06, 2024

Now 21% undervalued

Abercrombie & Fitch Co. Provides Earnings Guidance for the Fourth Quarter and Full Year 2023

Independent Director recently sold €905k worth of stock

Third quarter 2024 earnings released: EPS: US$1.91 (vs US$0.045 loss in 3Q 2023)

New minor risk - Shareholder dilution

Abercrombie & Fitch Co. Provides Earnings Guidance for the Fourth Quarter of 2023

Abercrombie & Fitch Co. Announces Election of Arturo Nuñez to Its Board of Directors

Now 23% undervalued

Investor sentiment improves as stock rises 16%

Abercrombie & Fitch Co. to Report Q3, 2024 Results on Nov 21, 2023

Now 23% undervalued

Investor sentiment improves as stock rises 20%

President of Global Brands recently sold €6.8m worth of stock

Second quarter 2024 earnings released: EPS: US$1.13 (vs US$0.33 loss in 2Q 2023)

Abercrombie & Fitch Co. Provides Earnings Guidance for the Third Quarter of Fiscal Year 2023

Investor sentiment improves as stock rises 18%

Abercrombie & Fitch Co. to Report Q2, 2024 Results on Aug 23, 2023

Now 21% undervalued

Investor sentiment improves as stock rises 64%

First quarter 2024 earnings released: EPS: US$0.33 (vs US$0.32 loss in 1Q 2023)

Abercrombie & Fitch Co. Revises Earnings Guidance for the Fiscal Year 2023

Abercrombie & Fitch Co. Appoints Helen Vaid as Member of the Compensation and Human Capital Committee

Abercrombie & Fitch Co. to Report Q1, 2024 Results on May 24, 2023

Full year 2023 earnings released: EPS: US$0.056 (vs US$4.41 in FY 2022)

Abercrombie & Fitch Co. Announces Election of Helen Vaid as an Independent Director

Abercrombie & Fitch Co. to Report Q4, 2023 Results on Mar 01, 2023

Abercrombie & Fitch Co. Revises Earnings Guidance for the Fourth Quarter and Full Year of 2022

Third quarter 2023 earnings released: US$0.045 loss per share (vs US$0.80 profit in 3Q 2022)

Independent Non-Executive Chairman recently sold €929k worth of stock

Abercrombie & Fitch Co. Announces Board of Directors Leadership Transition

Abercrombie & Fitch Co. to Report Q3, 2023 Results on Nov 22, 2022

Abercrombie & Fitch Co. Provides Earnings Guidance for the Full Year 2022

Second quarter 2023 earnings released: US$0.33 loss per share (vs US$1.77 profit in 2Q 2022)

Abercrombie & Fitch Co. to Report Q2, 2023 Results on Aug 25, 2022

Abercrombie & Fitch Co. Announces Changes to its Board of Directors

First quarter 2023 earnings released: US$0.32 loss per share (vs US$0.67 profit in 1Q 2022)

Abercrombie & Fitch Co. Provides Earnings Guidance for the Second Quarter and Full Fiscal Year 2022

Investor sentiment deteriorated over the past week

Abercrombie & Fitch Co. Provides Earnings Guidance for the Second Quarter and Full Fiscal Year 2022

Abercrombie & Fitch Co. to Report Q1, 2023 Results on May 24, 2022

Abercrombie & Fitch Co., Annual General Meeting, Jun 08, 2022

Full year 2022 earnings released: EPS: US$4.41 (vs US$1.82 loss in FY 2021)

High number of new directors