How Larsson was paid
$16.2M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Bonus | Stock | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|---|
| Stefan LarssonChief Executive Officer | $1,450,000 | — | $12,200,530 | $2,142,230 | $45,080 | $327,545 | $16,165,385 |
| Melissa StoneInterim Chief Financial Officer and Executive Vice President, Global Financial Planning and Analysis | $568,077 | — | $500,231 | $203,143 | $27,204 | $48,575 | $1,347,230 |
| Lea Rytz GoldmanGlobal Brand President, Tommy Hilfiger | $856,665 | — | $1,917,069 | $658,484 | — | $373,909 | $3,806,127 |
| Fredrik OlssonChief Executive Officer, PVH EMEA | $989,924 | — | $1,691,311 | $667,274 | — | $521,242 | $3,869,751 |
| David SavmanGlobal Brand President, Calvin Klein | $825,000 | — | $1,747,439 | $740,589 | — | $1,129,753 | $4,442,781 |
| Zachary J. CoughlinFormer Executive Vice President and Chief Financial Officer | $841,154 | $200,000 | $4,396,662 | $725,424 | — | $0 | $5,373,943 |
| Eva SerranoFormer Global Brand President, Calvin Klein | $794,423 | — | $1,917,069 | $485,485 | — | $3,595,358 | $6,792,335 |
What changed and why
- 50%50% of CEO 2025 target compensation came from PSUs and 50% from time-based RSUs.
- 2025 stock options were discontinued for the CEO and CFO, with value shifted into RSU awards.
- 2025 annual bonuses used EBIT and revenue growth; PSUs used TSR and ROIC.
- $200K$200,000 was added to David Savman’s bonus for executing two leadership roles.
- $500K$500,231 in RSUs was granted to Interim CFO Melissa Stone after assuming additional responsibilities.
- $23,461689:1 was the CEO-to-median-associate pay ratio, based on $23,461 median compensation.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.