Levi Strauss CFO Harmit Singh to retire; search for successor underway

LEVI STRAUSS & CO

Harmit Singh will continue as CFO until a successor is appointed, then serve as Special Advisor until retirement by Nov 30, 2026.
Separation agreement: $3M cash severance payable over 78 weeks, subsidized COBRA for 78 weeks, and benefits through end of 2027.
Singh's retirement is not due to any disagreement with the company on accounting or financial reporting.
Company has retained an executive search firm to identify the next CFO; transition is described as planned.
Singh joined in 2013, led IPO, transformation to DTC-first retailer, and expanded role to include Chief Growth Officer in 2023.

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