secwatch.observer — SEC 8-K summary
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Issuer:     LEVI STRAUSS & CO (LEVI)
CIK:        0000094845
Form:       8-K
Filed at:   2026-09-30T21:12:39+00:00
Accession:  0001999371-26-021687
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/94845/000199937126021687/0001999371-26-021687-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/94845/000199937126021687/levi-8k_093026.htm
  HTML page:      https://secwatch.observer/filing/0001999371-26-021687

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