PVH CEO Stefan Larsson's 2021 pay jumps 81% to $15M
PVH reports 2021 executive compensation
By ExecPay News
Published: May 6, 2022
PVH reported fiscal year 2021 executive compensation information on May 6, 2022.
In 2021, seven PVH executives received on average a compensation package of $6.6M, a 27% increase compared to previous year.
Average pay of disclosed executives at PVH
Stefan Larsson, Chief Executive Officer, received $15M in total, which increased by 81% compared to 2020. 43% of Larsson's compensation, or $6.4M, was in stock awards. Larsson also received $201K of change in pension value and nonqualified deferred compensation earnings, $5.2M in non-equity incentive plan, $1.6M in option awards, $1.3M in salary, as well as $10K in other compensation.
Michael A. Shaffer, Former Executive Vice President, Finance and Chief Operating & Financial Officer, PVH Corp, received a compensation package of $8.5M, which increased by 75% compared to previous year. 37% of the compensation package, or $3.1M, was in other compensation.
Patricia Donnelly, Chief Executive Officer, earned $8.2M in 2021.
Cheryl Abel-hodges, Chief Executive Officer, received $4.2M in 2021, which increases by 6% compared to 2020.
Martijn Hagman, Chief Executive Officer, earned $4.1M in 2021, a 11% increase compared to previous year.
Julie A. Fuller, Executive Vice President, Chief People Officer, received $3.6M in 2021.
James W. Holmes, Executive Vice President and Controller, earned $2.6M in 2021.
PVH's fiscal year ends on January 29.
Related executives
Stefan Larsson
PVH
Chief Executive Officer
James Holmes
PVH
Executive Vice President and Controller
Michael Shaffer
PVH
Former Executive Vice President, Finance and Chief Operating & Financial Officer, PVH Corp
Patricia Donnelly
PVH
Chief Executive Officer
Martijn Hagman
PVH
Chief Executive Officer
Julie Fuller
PVH
Executive Vice President, Chief People Officer
Cheryl Abel-hodges
PVH
Chief Executive Officer
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Source: SEC filing on May 6, 2022.