Sundar PichaiSundar Pichai earned $164M in 2023
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Chip Bergh

CEO of Levi Strauss & Co.

Education

B.S. in Business Administration from the University of California, Berkeley

Field of Expertise

Business & Management

Born

November 24, 1960 - 64 years ago

Economy Sector

Consumer Cyclical

Current Tenure

13 years 5 months (Sep 2011 - Present)

Previous Experience

President of the Americas at Levi Strauss & Co.

Chip Bergh, the CEO of Levi Strauss & Co., has been steering the company since September 2011. With a B.S. in Business Administration from the University of California, Berkeley, he brings a strong academic foundation combined with extensive experience in...

Year

2023

Total Compensation

$6.37M

Salary

$1.55M

Board Justification

The compensation philosophy is designed to attract, motivate, and retain high-performing talent, aligning executive compensation with company performance and shareholder interests.

Bonus

$1.74M

Board Justification

The bonus is based on a combination of company financial performance (19% achieved) and individual performance (110% achieved) under the Annual Incentive Plan for fiscal year 2023.

Other

$388.54K

Board Justification

Other compensation includes executive perquisites, 401(k) plan match, deferred compensation match, and charitable match.

Restricted Stock

$2.69M(161.61K RSU)

Board Justification

The stock awards that vested in 2023 are primarily performance-based RSUs that are part of the long-term incentive plan, with a total of 161,607 shares vesting based on performance metrics.

Performance Metrics

The performance metrics for determining the compensation include Adjusted EBIT, Net Revenues, and Cash Conversion Cycle.