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Get filing alertsPVH appoints Alexis Rollier as CFO, ending seven-month interim period
Filed July 14, 2026 · Period ending July 10, 2026 · ~1 min read
Key Changes
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Alexis Rollier appointed CFO effective early September 2026, bringing 30+ years of finance experience including 8 years as Global COO/CFO at LVMH-owned Sephora where he scaled the business globally while improving profitability.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR → -
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Melissa Stone, who served as Interim CFO since January 1, 2026, will transition back to her permanent role as EVP, Global Financial Planning & Analysis after September 7, 2026, completing a seven-month search period.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR → -
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Rollier's compensation includes $850,000 base salary, target bonus of 100% of base (prorated for 2026), and approximately $2.3 million in annual equity awards (split between PSUs and RSUs) for fiscal 2027.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR → -
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PVH will provide $375,000 cash advance and approximately $375,000 in sign-on and make-whole equity awards to offset compensation Rollier forfeits from his current employer, standard inducement payments for executive transitions.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
Summary
PVH Corp. has filled its CFO vacancy after a seven-month search, appointing Alexis Rollier to succeed interim CFO Melissa Stone effective early September 2026. Rollier brings substantial credentials from the luxury retail sector, having served as both Global COO and CFO at Sephora since 2018, where he helped scale the LVMH-owned beauty retailer internationally while improving operating performance.
His 14 years at Sephora, combined with prior CFO roles at Guerlain and senior finance positions across LVMH and Kingfisher, provide relevant experience in global brand management and omni-channel retail—directly applicable to PVH's Calvin Klein and Tommy Hilfiger portfolio. The appointment resolves the leadership gap created when Stone stepped into the interim role on January 1, 2026.
She will return to her permanent position leading Global Financial Planning & Analysis and report to Rollier, ensuring continuity in the finance organization. Rollier's compensation package—$850,000 base salary, target bonus equal to 100% of base, and approximately $2.3 million in annual equity split between performance-based and time-vested awards—aligns with market norms for a CFO at a company of PVH's scale. The make-whole payments totaling approximately $1.45 million are standard inducements to offset forfeited compensation from his current employer. For PVH shareholders, the hire brings experienced financial leadership to support CEO Stefan Larsson's strategic initiatives, ending the uncertainty of an extended interim period.
Section-by-Section Diff
Event · Exhibit 99.1
Added in current filing · view on EDGAR →
PVH Corp. (NYSE: PVH), home to iconic brands Calvin Klein and TOMMY HILFIGER, today announced that Alexis Rollier has been appointed Chief Financial Officer, joining in early September 2026. Mr. Rollier will lead PVH’s global finance organization and oversee all aspects of the company’s financial steering around the world. He will join the PVH Executive Leadership Team and report to Stefan Larsson, Chief Executive Officer.
PVH appointed Alexis Rollier as Chief Financial Officer, effective early September 2026. He will lead the global finance organization and report to CEO Stefan Larsson. Rollier brings over 30 years of experience in global finance, operations, and omni-channel retail, most recently serving as Global COO and CFO at LVMH-owned Sephora since 2018.
Added in current filing · view on EDGAR →
With more than three decades of experience at some of the world’s most recognizable consumer brands, he joins PVH from Sephora, part of the LVMH Group, where he has served as Global Chief Operating Officer and Global Chief Financial Officer since 2018. During his 14-year tenure with the global beauty retailer, Mr. Rollier has played a significant role in scaling the business around the world, delivering outstanding growth, while improving profitability and operating performance.
Rollier spent 14 years at Sephora, serving as both Global COO and CFO since 2018, where he helped scale the business globally while improving profitability. His prior experience includes CFO roles at Sephora's regional operations, Global CFO at Guerlain, and senior finance positions at Kingfisher and LVMH. He started his career at Arthur Andersen and holds an MBA from ESSEC Business School.
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 →
PVH Corp. (the “Company”) announced on July 14, 2026 that it had entered into an employment agreement (the “Employment Agreement”) dated as of July 3, 2026, pursuant to which Alexis Rollier will be appointed to the position of Chief Financial Officer and join the Company in early September 2026. In his capacity as Chief Financial Officer, Mr. Rollier will replace Melissa Stone, who has served as the Company’s Interim Chief Financial Officer (principal financial officer) since January 1, 2026 and will continue in this capacity through and until September 7, 2026. Ms. Stone thereafter will continue in her role as the Company’s Executive Vice President, Global Financial Planning & Analysis.
PVH has hired Alexis Rollier, age 57, as its new Chief Financial Officer, effective early September 2026. Rollier currently serves as Global COO and CFO for Sephora (part of LVMH) since 2018, bringing 14 years of experience with Sephora in roles of increasing responsibility. He replaces Melissa Stone, who has served as Interim CFO since January 1, 2026 and will return to her permanent role as EVP, Global Financial Planning & Analysis after September 7, 2026.
Added in current filing · verify on EDGAR →
Mr. Rollier’s initial base salary will be $850,000 per annum. The base salary will be subject to annual review and upward adjustment in the discretion of the Company’s Board of Directors. Mr. Rollier also will be eligible to participate in the Company’s bonus and stock plans and other incentive compensation programs for similarly situated executives of the Company. Mr. Rollier will receive an award for the Company’s 2026 fiscal year under the Company’s Performance Incentive Bonus Plan with a threshold bonus opportunity equal to 25% of his base salary, a target bonus opportunity equal to 100% of his base salary and a maximum bonus opportunity equal to 200% of his base salary, prorated for the number of days during the fiscal year that Mr. Rollier is employed by the Company.
Rollier's initial base salary is $850,000 per year, subject to annual review. For fiscal 2026, his bonus opportunity ranges from 25% (threshold) to 100% (target) to 200% (maximum) of base salary, prorated for his partial-year service. He will also participate in the company's stock plans and other incentive programs for similarly situated executives.
Added in current filing · verify on EDGAR →
Mr. Rollier will ... be granted equity awards in respect of the Company’s 2027 fiscal year consisting of: ● performance stock units (“PSUs”) under the Company’s Stock Incentive Plan, as amended (the “Stock Incentive Plan”), with a value at target level performance of approximately $1,150,000, which will vest based on the Company’s performance against the same measures and on the same weighted basis as the annual PSU awards to be granted in 2027 to similarly situated executives; and ... ● restricted stock units (“RSUs”) with a value on the grant date of approximately $1,150,000 which will vest at a rate of 25% on each of the first four anniversaries of the grant date.
For fiscal 2027, Rollier will receive approximately $1,150,000 in performance stock units (vesting based on company performance metrics aligned with other executives) and approximately $1,150,000 in restricted stock units (vesting 25% annually over four years). This represents his ongoing annual equity compensation structure.
Show 2 minor / wording changes
Added in current filing · verify on EDGAR →
Mr. Rollier also will be granted a cash advance of $375,000 to replace the bonus and equity awards held by Mr. Rollier from his current employer that are due to be paid or vest in 2026 that he forfeits upon his resignation from his current employer (the “Make-Whole Cash Advance”). The Make-Whole Cash Advance is subject to repayment in the event of a termination of employment for Cause or voluntary resignation by Mr. Rollier within the 12-month period following Mr. Rollier joining the Company. Additionally, Mr. Rollier will be granted (i) one-time sign-on awards of RSUs and PSUs with a grant date value of approximately $400,000 each and (ii) a make-whole award of RSUs with a grant date value of $275,000, vesting in equal increments over two years (and otherwise subject to the Company’s standard practices), to replace stock awards held by Mr. Rollier from his current employer that are scheduled to vest in 2027 and 2028 that he forfeits upon his resignation from his current employer (such total grant, the “Make-Whole RSU Award”). The Make-Whole RSU Award will vest at a rate of 50% on each of the first two anniversaries of the grant date.
To compensate Rollier for forfeited compensation from his current employer, PVH will provide: (1) a $375,000 cash advance for 2026 forfeitures (repayable if he leaves within 12 months), (2) one-time sign-on awards of approximately $400,000 each in RSUs and PSUs, and (3) a make-whole RSU award of $275,000 for 2027-2028 forfeitures, vesting 50% annually over two years. These are standard inducement payments to offset what a new executive loses by changing employers.
Added in current filing · verify on EDGAR →
In the event of a termination of employment without Cause or for Good Reason (other than during the two-year period after a “change in control” (as defined in the Employment Agreement)), Mr. Rollier will be entitled, subject to executing a release of claims in the Company’s favor, to an aggregate amount equal to two times the sum of (i) his base salary plus (ii) an amount equal to the bonus that would be payable if “target” level performance were achieved under the Company’s annual bonus plan (if any) in respect of the fiscal year during which the termination occurs (or the prior fiscal year, if bonus levels have not yet been established for the year of termination). This amount will be paid in accordance with the Company’s payroll schedule in equal installments during the two-year period following Mr. Rollier’s termination without Cause or for Good Reason.
If Rollier is terminated without cause or resigns for good reason (outside a change-in-control period), he receives two times his base salary plus target bonus, paid over two years, plus continued medical, dental, and life insurance for two years. Upon a change-in-control termination, the same severance is paid as a lump sum (if the change qualifies under Section 409A) or over two years otherwise, with expanded insurance continuation including disability coverage. These are standard executive protection provisions.
Event · Item 8.01 — Other Events
Item 8.01 — Other Events filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
Mr. Rollier has been appointed to the role of Executive Vice President, Chief Financial Officer and will be joining in early September 2026.
PVH Corp. appointed Mr. Rollier as Executive Vice President and Chief Financial Officer, effective early September 2026.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jul 16, 2026 · How we verify