Designer Brands Management

Management criteria checks 2/4

Designer Brands' CEO is Doug Howe, appointed in Apr 2023, has a tenure of 1.58 years. total yearly compensation is $5.72M, comprised of 21.1% salary and 78.9% bonuses, including company stock and options. directly owns 0.34% of the company’s shares, worth €890.72K. The average tenure of the management team and the board of directors is 1.5 years and 11.9 years respectively.

Key information

Doug Howe

Chief executive officer

US$5.7m

Total compensation

CEO salary percentage	21.1%
CEO tenure	1.6yrs
CEO ownership	0.3%
Management average tenure	1.5yrs
Board average tenure	11.9yrs

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
Aug 03 2024	n/a	n/a	-US$5m
May 04 2024	n/a	n/a	US$18m
Feb 03 2024	US$6m	US$1m	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 ($USD5.72M) is above average for companies of similar size in the German market ($USD793.15K).

Compensation vs Earnings: Doug's compensation has been consistent with company performance over the past year.

CEO

Doug Howe (63 yo)

1.6yrs

Tenure

US$5,719,612

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	19.7yrs	US$4.29m	23.49% € 62.3m
Douglas Howe	CEO & Director	1.6yrs	US$5.72m	0.34% € 890.7k
Jared Poff	Executive VP	8.4yrs	US$1.71m	0.46% € 1.2m
Deborah Ferree	Vice Chairman & Chief Product Officer	less than a year	US$3.86m	0.61% € 1.6m
Laura Davis	Executive VP & President of DSW Designer Shoe Warehouse	1.3yrs	US$1.69m	no data
Michelle Krall	Senior VP	no data	no data	no data
Mary Turner	Executive Vice President	4.7yrs	no data	0.057% € 152.0k
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% € 0
Lisa Yerrace	VP, Deputy General Counsel & Corporate Secretary	no data	no data	no data

1.5yrs

Average Tenure

63yo

Average Age

Experienced Management: D9W's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Jay Schottenstein	Executive Chairman	19.7yrs	US$4.29m	23.49% € 62.3m
Douglas Howe	CEO & Director	1.6yrs	US$5.72m	0.34% € 890.7k
Elaine Eisenman	Independent Director	16.7yrs	US$295.00k	0.028% € 74.3k
Joanna Lau	Independent Director	16.7yrs	US$300.00k	0.18% € 467.3k
Joanne Zaiac	Independent Director	8.2yrs	US$270.00k	0.087% € 231.9k
Allan Tanenbaum	Independent Director	19.8yrs	US$275.00k	0.090% € 238.6k
Harvey Sonnenberg	Independent Director	19.4yrs	US$295.00k	0.0057% € 15.2k
Peter Cobb	Independent Director	7.3yrs	US$300.00k	0% € 0
Joseph Schottenstein	Inside Director	11.9yrs	US$240.00k	0.39% € 1.0m
Richard Paul	Independent Director	2yrs	US$240.00k	0.084% € 223.2k
John Atkinson	Independent Director	less than a year	no data	no data

11.9yrs

Average Tenure

65.5yo

Average Age

Experienced Board: D9W's board of directors are seasoned and experienced ( 11.9 years average tenure).

Designer Brands Management

Management criteria checks 2/4

Key information

Recent management updates

Senior VP & Controller recently sold €142k worth of stock

Independent Director recently sold €131k worth of stock

Designer Brands Inc. Appoints John W. Atkinson to Board of Directors

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

Recent updates

Designer Brands Inc. Approves Quarterly Cash Dividend for the Class A and Class B Common Shares, Payable on December 20, 2024

Designer Brands Inc. to Report Q3, 2025 Results on Dec 10, 2024

Senior VP & Controller recently sold €142k worth of stock

Second quarter dividend of US$0.05 announced

Designer Brands Inc. Approves Quarterly Cash Dividend for the Class A and Class B Common Shares, Payable on October 18, 2024

Independent Director recently sold €131k worth of stock

Second quarter 2025 earnings released: EPS: US$0.24 (vs US$0.57 in 2Q 2024)

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

Investor sentiment deteriorates as stock falls 16%

Now 21% undervalued after recent price drop

Designer Brands Inc. to Report Q2, 2025 Results on Sep 11, 2024

Designer Brands Inc. Appoints John W. Atkinson to Board of Directors

Now 13% undervalued after recent price drop

Now 21% undervalued after recent price drop

Now 22% undervalued after recent price drop

Designer Brands Inc. Reaffirms Sales Guidance for the Year 2024

First quarter 2025 earnings released: EPS: US$0.013 (vs US$0.18 in 1Q 2024)

Investor sentiment improves as stock rises 16%

Upcoming dividend of US$0.05 per share

Designer Brands Inc. to Report Q1, 2025 Results on Jun 04, 2024

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