Levi Strauss names Skechers CFO John Vandemore as EVP & CFO, effective Nov 1, 2026

LEVI STRAUSS & CO

Vandemore, 53, spent nine years as Skechers CFO; during that time Skechers nearly tripled revenue to over $9B and became the world's third-largest footwear brand with 5,000+ stores in 180+ countries.
Pay package: $1,350,000 base salary, target bonus of 110% of salary, and 2027 equity target of $4,250,000 (RSUs $1,062,500, performance RSUs $2,125,000, SARs $1,062,500).
Sign-on award replacing forfeited prior-employer awards: $4,000,000 cash (50% at start, 50% at six months), $5,500,000 RSU grant and $5,500,000 SAR grant vesting 50%/25%/25%.
Outgoing CFO Harmit Singh announced retirement in April 2026; he stays as CFGO until Vandemore joins, then serves as Special Advisor through November 30, 2026.
CEO Michelle Gass cited Vandemore's consumer and operational experience in pursuing a more direct-to-consumer model and the ambition of becoming a $10 billion company.

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