secwatch.observer — SEC 8-K summary
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Issuer:     LEVI STRAUSS & CO (LEVI)
CIK:        0000094845
Form:       8-K
Filed at:   2024-04-11T23:59:59+00:00
Accession:  0000094845-24-000030
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Levi Strauss appoints Gianluca Flore as CCO, effective July 29, 2024
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- Flore previously CCO at Burberry; will report to CEO Michelle Gass, lead global commercial operations.
- Compensation: $1M base salary, 100% target bonus, equity grants $2.25M (RSUs, SARs, PSUs).
- Sign-on: $1.35M cash bonus + $2M RSU grant vesting over 2 years.
- Flore brings 20+ years luxury retail experience; will focus on DTC transformation and international growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/94845/000009484524000030/0000094845-24-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/94845/000009484524000030/levi-20240411.htm
  HTML page:      https://secwatch.observer/filing/0000094845-24-000030

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer