Designer Brands Management

Management criteria checks 1/4

Designer Brands' CEO is Doug Howe, appointed in Apr 2023, has a tenure of 1.08 years. total yearly compensation is $11.23M, comprised of 6.6% salary and 93.4% bonuses, including company stock and options. directly owns 0.17% of the company’s shares, worth €846.05K. The average tenure of the management team and the board of directors is 1 years and 11.4 years respectively.

Key information

Doug Howe

Chief executive officer

US$11.2m

Total compensation

CEO salary percentage	6.6%
CEO tenure	1.1yrs
CEO ownership	0.2%
Management average tenure	less than a year
Board average tenure	11.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Doug Howe's remuneration changed compared to Designer Brands's earnings?
Date	Total Compensation	Salary	Company Earnings
Feb 03 2024	n/a	n/a	US$29m
Oct 28 2023	n/a	n/a	US$104m
Jul 29 2023	n/a	n/a	US$139m
Apr 29 2023	n/a	n/a	US$148m
Jan 28 2023	US$11m	US$740k	US$163m

Compensation vs Market: Doug's total compensation ($USD11.23M) is above average for companies of similar size in the German market ($USD993.65K).

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

CEO

Doug Howe (62 yo)

1.1yrs

Tenure

US$11,230,591

Compensation

Mr. Douglas M. Howe, also known as Doug, was President of DSW Designer Shoe Warehouse since May 2022 until July 24, 2023 & Executive Vice President at Designer Brands Inc. from May 2022. He was Chief Merch...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jay Schottenstein	Executive Chairman	19.2yrs	US$4.65m	19.72% $ 100.8m
Douglas Howe	CEO & Director	1.1yrs	US$11.23m	0.17% $ 846.1k
Jared Poff	Executive VP	7.9yrs	US$2.19m	0.45% $ 2.3m
Deborah Ferree	Vice Chairman & Chief Product Officer	less than a year	US$5.06m	0.59% $ 3.0m
Michelle Krall	Senior VP	no data	no data	no data
Mary Turner	Executive Vice President	4.2yrs	no data	0.071% $ 362.6k
Laura Denk	Executive VP & President of DSW Designer Shoe Warehouse	less than a year	no data	no data
Andrea O'Donnell	Executive VP of Designer Brands & President of Brands	less than a year	no data	no data
Mark Haley	Senior VP & Controller	no data	no data	0.045% $ 230.3k
Lisa Yerrace	VP, Deputy General Counsel & Corporate Secretary	no data	no data	no data

1.0yrs

Average Tenure

62yo

Average Age

Experienced Management: D9W's management team is not considered experienced ( 1 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Jay Schottenstein	Executive Chairman	19.2yrs	US$4.65m	19.72% $ 100.8m
Douglas Howe	CEO & Director	1.1yrs	US$11.23m	0.17% $ 846.1k
Elaine Eisenman	Independent Director	16.2yrs	US$339.01k	0.027% $ 139.0k
Joanna Lau	Independent Director	16.2yrs	US$294.01k	0.13% $ 668.7k
Joanne Zaiac	Independent Director	7.7yrs	US$265.51k	0.085% $ 433.7k
Allan Tanenbaum	Independent Director	19.3yrs	US$270.51k	0.087% $ 446.2k
Harvey Sonnenberg	Independent Director	18.9yrs	US$289.01k	0.0038% $ 19.6k
Peter Cobb	Independent Director	6.8yrs	US$344.01k	0% $ 0
Joseph Schottenstein	Inside Director	11.4yrs	US$235.51k	0.32% $ 1.6m
Richard Paul	Independent Director	1.5yrs	US$99.05k	0.042% $ 212.1k
Tami Fersko	Independent Director	1.5yrs	US$106.07k	0.042% $ 212.1k

11.4yrs

Average Tenure

64yo

Average Age

Experienced Board: D9W's board of directors are seasoned and experienced ( 11.4 years average tenure).

Designer Brands Management

Management criteria checks 1/4

Key information

Recent management updates

Designer Brands Inc., Annual General Meeting, Jun 20, 2024

Executive VP recently sold €135k worth of stock

Senior VP & Controller recently sold €162k worth of stock

Designer Brands Inc. Appoints Andrea O'Donnell to the Role of Brands President and Executive Vice President of Designer Brands, Effective as of January 29, 2024

Executive Vice President recently sold €267k worth of stock

Executive Vice President recently sold €1.1m worth of stock

Recent updates

Designer Brands Inc., Annual General Meeting, Jun 20, 2024

Investor sentiment deteriorates as stock falls 16%

Executive VP recently sold €135k worth of stock

Senior VP & Controller recently sold €162k worth of stock

Fourth quarter dividend of US$0.05 announced

Full year 2024 earnings released: EPS: US$0.46 (vs US$2.41 in FY 2023)

Designer Brands Inc. Provides Earnings Guidance for the Full Year 2024

Designer Brands Inc. to Report Q4, 2024 Results on Mar 21, 2024

Designer Brands Inc. Appoints Andrea O'Donnell to the Role of Brands President and Executive Vice President of Designer Brands, Effective as of January 29, 2024

Now 37% undervalued after recent price drop

Third quarter 2024 earnings released: EPS: US$0.17 (vs US$0.70 in 3Q 2023)

Designer Brands Inc. Revises Earnings Guidance for the Full Year of 2023

Investor sentiment improves as stock rises 15%

Designer Brands Inc. to Report Q3, 2024 Results on Dec 05, 2023

Designer Brands Inc. Approves Quarterly Cash Dividend , Payable on December 14, 2023

Investor sentiment deteriorates as stock falls 17%

Designer Brands Inc. Approves Quarterly Cash Dividend for Class A and Class B Common Shares, Payable on October 17, 2023

Executive Vice President recently sold €267k worth of stock

Designer Brands Inc. Unveils the FIRST JEM

Executive Vice President recently sold €1.1m worth of stock

Second quarter 2024 earnings released: EPS: US$0.56 (vs US$0.66 in 2Q 2023)

Designer Brands Inc. Provides Earnings Outlook for the Full Year 2023

Investor sentiment improves as stock rises 17%

Camuto LLC and Designer Brands Inc. Announce Resignation of William L. Jordan as President, Effective on or Before December 1, 2023

New minor risk - Shareholder dilution

Designer Brands Inc. to Report Q2, 2024 Results on Sep 07, 2023

Designer Brands Launches First-Ever Le TIGRE Brand Footwear Line

New major risk - Share price stability

Executive Vice President recently sold €140k worth of stock

Designer Brands Inc. Names Laura Denk as Executive Vice President, Effective as of July 24, 2023

Designer Brands Inc. Names Laura Denk as Executive Vice President, Effective as of July 24, 2023

Designer Brands Inc.(NYSE:DBI) dropped from Russell 2000 Growth Index

Investor sentiment improves as stock rises 23%

New major risk - Share price stability

Designer Brands Inc. (NYSE:DBI) announces an Equity Buyback for $100 million worth of its shares.

First quarter 2024 earnings released: EPS: US$0.17 (vs US$0.36 in 1Q 2023)

Designer Brands Inc. to Report Q1, 2024 Results on Jun 08, 2023

Upcoming dividend of US$0.05 per share at 2.3% yield

Full year 2023 earnings released: EPS: US$2.26 (vs US$2.12 in FY 2022)

Investor sentiment deteriorates as stock falls 17%

Designer Brands Inc. Announces Step Down of Roger Rawlins as Board of Director, Effective April 1, 2023

Designer Brands Inc. (NYSE:DBI) acquired Topo Athletic LLC.

Investor sentiment deteriorated over the past week

Upcoming dividend of US$0.05 per share

Third quarter 2023 earnings released: EPS: US$0.65 (vs US$1.10 in 3Q 2022)

Designer Brands Inc. Reports Impairment Charges for the Three Months Ended October 29, 2022

Designer Brands Inc. Announces Board Appointments

Designer Brands Inc. Approves Quarterly Cash Dividend, Payable on December 28, 2022

Insufficient new directors

Designer Brands Inc. to Report Q3, 2023 Results on Dec 01, 2022

Independent Director recently sold €158k worth of stock

Executive Vice President recently sold €65k worth of stock

Upcoming dividend of US$0.05 per share

Vice Chairman recently sold €702k worth of stock

Insider recently sold €263k worth of stock

Second quarter 2023 earnings released: EPS: US$0.66 (vs US$0.59 in 2Q 2022)

Designer Brands Inc. Revises Earnings Guidance for the Full Year of 2022

Designer Brands Inc. Approves Quarterly Cash Dividend on Class A and Class B Common Shares, Payable on October 6, 2022

Investor sentiment improved over the past week

Independent Director recently sold €134k worth of stock

Upcoming dividend of US$0.05 per share

Designer Brands Inc. Approves Quarterly Cash Dividend of Class A and Class B , Payable July 6, 2022

First quarter 2023 earnings released: EPS: US$0.34 (vs US$0.23 in 1Q 2022)

Designer Brands Inc. Raises Earnings Guidance for the Full Year 2022

Investor sentiment improved over the past week

Designer Brands Inc. Appoints Doug Howe as Executive Vice President

Designer Brands Inc. to Report Q1, 2023 Results on Jun 02, 2022

Insufficient new directors

Designer Brands Inc. Approves Quarterly Cash Dividend for the Fiscal Year 2022, Payable on May 6, 2022