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Get filing alertsLevi Strauss appoints John Vandemore as CFO effective Nov 1, 2026, with $15M sign-on package
Filed September 30, 2026 · Period ending September 30, 2026 · ~1 min read
Key Changes
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John Vandemore, former Skechers CFO, becomes EVP & CFO on November 1, 2026, succeeding retiring CFGO Harmit Singh.
Item 5.02 verify on EDGAR → -
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Vandemore receives a $1.35M base salary, 110% target bonus, and a $15M sign-on award ($4M cash, $5.5M RSUs, $5.5M SARs).
Item 5.02 verify on EDGAR → -
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Sign-on award includes severance protections: full cash vesting on termination without cause; equity continues vesting under severance plan.
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Harmit Singh remains CFGO until Vandemore joins, then serves as Special Advisor through November 30, 2026.
Exhibit 99.1 view on EDGAR → -
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Company confirms no related-party transactions with Vandemore requiring disclosure under Item 404(a).
Item 5.02 verify on EDGAR →
Summary
Levi Strauss & Co. announced the appointment of John Vandemore as Executive Vice President and Chief Financial Officer, effective November 1, 2026. Vandemore joins from Skechers U.S.A., Inc., where he served as CFO for nine years. He succeeds Harmit Singh, who announced his intent to retire in April 2026 and will remain as Special Advisor through November 30, 2026 to ensure a smooth transition.
The new CFO's compensation package includes a $1.35 million annual base salary, a target bonus of 110% of base salary, and a one-time sign-on award valued at $15 million, designed to replace forfeited compensation from his prior employer. The sign-on award consists of $4 million in cash, a $5.5 million restricted stock unit grant, and a $5.5 million stock appreciation right grant, with vesting over three years.
The award includes severance protections that accelerate vesting under certain termination scenarios. This is a planned leadership transition with no red flags. The company frames the hire as part of its ambition to become a $10 billion company, citing 2025 net revenues of $6.3 billion. The filing confirms no related-party transactions with Vandemore.
Section-by-Section Diff
Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
the appointment of John Vandemore as the Company’s Executive Vice President, Chief Financial Officer, effective November 1, 2026
Levi Strauss & Co. announced that John Vandemore will become Executive Vice President and Chief Financial Officer starting November 1, 2026. He most recently served as CFO of Skechers U.S.A., Inc. since November 2017.
Added in current filing · verify on EDGAR →
Mr. Vandemore will receive a base salary of $1,350,000 per year, participate in the Company’s Annual Incentive Plan with an initial target bonus of 110% of his base salary
The new CFO will receive an annual base salary of $1,350,000 and an initial target bonus of 110% of base salary under the Annual Incentive Plan. He will also be eligible for annual equity grants beginning in 2027 with an aggregate target grant date fair value of $4,250,000.
Event · Item 7.01 — Regulation FD Disclosure
Levi Strauss furnished a press release under Regulation FD related to an Item 5.02 officer matter.
Show 1 minor / wording change
Added in current filing · verify on EDGAR →
The Company issued the release attached hereto as Exhibit 99.1 with respect to the matters set forth in Item 5.02 above.
The company furnished a press release as Exhibit 99.1 under Item 7.01, which is a non-filed disclosure. The release relates to an officer matter disclosed in Item 5.02 of the same 8-K.
Event · Exhibit 99.1
Added in current filing · view on EDGAR →
today announced the appointment of John Vandemore as Executive Vice President and Chief Financial Officer, effective November 1, 2026.
John Vandemore, most recently CFO of Skechers U.S.A., Inc. for nine years, will join Levi Strauss & Co. as EVP and CFO on November 1, 2026. He brings over 25 years of finance leadership experience across consumer, retail, and entertainment businesses.
Added in current filing · view on EDGAR →
In April 2026, the company announced Executive Vice President and Chief Financial & Growth Officer (CFGO) Harmit Singh’s intent to retire from the company after a planned transition period. Singh will remain in his current role as CFGO until Vandemore joins LS&Co. and then will remain a Special Advisor to the company through November 30, 2026, to ensure a smooth transition.
Current CFGO Harmit Singh will stay in his role until Vandemore arrives, then serve as Special Advisor through November 30, 2026. This is a planned, orderly transition announced in April 2026, not a sudden departure.
Added in current filing · view on EDGAR →
He joins the company from Skechers U.S.A., Inc., where he has served as Chief Financial Officer for the past nine years and led Skechers’ global financial organization while also providing oversight of the company’s operations functions.
Vandemore's most recent role was CFO of Skechers, where he oversaw global finance and operations. During his tenure, Skechers grew to become the world's third-largest footwear brand with a presence in over 180 countries and more than 5,000 retail stores.
Added in current filing · view on EDGAR →
makes him the ideal partner to help us realize our ambition of becoming a $10 billion company.
CEO Michelle Gass frames the CFO hire as part of the company's goal to become a $10 billion company. The press release notes reported 2025 net revenues of $6.3 billion, providing context for the growth ambition.
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Figures/quotes linked to EDGAR · Narrative written by AI · Oct 1, 2026 · How we verify