Leadership change Martijn Hagman departed as CEO, PVH Europe (from CEO, PVH Europe) · DEF 14A filed 2025-05-09

PVH Corp. ·PVH

Two global brand presidents report directly to the CEO

Apparel · Fortune #449 · Hybrid structure · 22K employees · New York, New York

View as of:
5
CEO span
↓ tighter than peers (avg 8)
1
Avg span
tight
2
Max depth
2 levels
2.4 yr
Avg tenure
↓ 1.2yr from FY2024
20%
Internal hires
↓ below industry avg
Consolidated financials FY2025 · period end 2026-02-01 · 10-K
Revenue
$9.0B
Operating income
$231M
Net income
$25M
Total assets
$11.7B
Shares out
46M

Sourced from PVH Corp. 10-K · filed 2026-03-31 ↗ View on SEC

Interactive org chart

PVH Corp. organizational chart

Explore the executive structure, reporting layers, and scenario-ready operating model from public filings.

Open editable chart

Two global brand presidents report directly to the CEO, a distinctive feature of PVH’s leadership model. This page maps PVH’s executive structure, highlighting brand-centric governance, recent CFO transition, and how the org compares with apparel peers.

What to model

Use the chart to test org decisions, not just view reporting lines

Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.

Latest signal Melissa Stone moved into Interim Chief Financial Officer

Appointed interim CFO effective January 1, 2026 following CFO departure.

Source · See change log

Scenario views in the chart

  • Appoint Permanent CFO Naming a permanent CFO would stabilize financial leadership and potentially rebalance strategic influence at the executive level.
  • Add Chief Operating Officer Introducing a COO could consolidate operations and supply chain under a single executive layer between the CEO and functional leaders.

Atlas work this supports

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The people

Who's running this

6 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.

Stefan Larsson

Chief Executive Officer

Executive

6 yr

5 reports

internal

Melissa Stone

Interim Chief Financial Officer

Finance

0 yr

0 reports

Eva Serrano

Global Brand President, Calvin Klein

Brands

4 yr

0 reports

Lea Rytz Goldman

Global Brand President, Tommy Hilfiger

Brands

1 yr

0 reports

David Savman

Global Head of Operations and Chief Supply Chain Officer

Operations

3 yr

0 reports

Mark D. Fischer

Executive Vice President, General Counsel and Secretary

Legal

5 yr

0 reports

The pay

Executive compensation

From the most recent DEF 14A Summary Compensation Table. 1 named executive officers disclosed. Bar length scales with total compensation.

Stefan Larsson $16.3M
Base salary
$1.42M
Stock awards
$9.37M
Option awards
$2.23M
Non-equity incentive
$2.81M
Pension change
$245K
Other
$208K
Fiscal year
FY2024

The skin in the game

Beneficial ownership

Insider stock holdings and the company's ownership requirements for executives and directors. Disclosed in the most recent DEF 14A.

Stock ownership requirements

Stock ownership guidelines are disclosed in the proxy but specific multiples are not detailed in the provided excerpts.

HolderShares% of class
Stefan Larsson 341K<1%

The businesses

How PVH Corp. divides the work

3 divisions report into the group CEO. Tile size scales with estimated headcount.

Calvin Klein Global

9K employees

Global Brand President (Eva Serrano)

Oversees the global Calvin Klein brand across product, marketing, wholesale and direct-to-consumer channels.

Tommy Hilfiger Global

8K employees

Global Brand President (Lea Rytz Goldman)

Leads global strategy and execution for the Tommy Hilfiger brand.

Global Operations & Supply Chain

3K employees

Global Head of Operations & CSCO (David Savman)

Manages sourcing, manufacturing, logistics and supply chain efficiency worldwide.

The thesis

Why this org is unusual

Two global brand presidents—Calvin Klein and Tommy Hilfiger—report directly to the CEO, underscoring PVH’s brand-centric power structure.

Rather than consolidating brand P&Ls under a regional or operating president, PVH elevates its flagship brands to the top tier alongside core corporate functions. This structure prioritizes global brand stewardship and consistency across regions.

Operational scale and efficiency are centralized under a single Global Head of Operations and Chief Supply Chain Officer, while finance is temporarily led by an internally promoted interim CFO following a late‑2025 departure. Legal and governance remain centralized through an EVP General Counsel reporting directly to the CEO.

  • Both flagship brands have presidents reporting directly to the CEO
  • No permanent CFO or COO as of early 2026

The comparison

How PVH Corp. stacks up

Compared with peers such as VF Corp. and Tapestry, PVH places unusually high formal authority at the global brand level rather than regional presidents. Many apparel peers combine brand leadership with regional P&L heads or introduce a COO layer; PVH operates without a permanent COO and with a flatter executive …

C-suite size

PVH Corp.
6
VF Corporation
8
Tapestry
7
Ralph Lauren
9

Reporting depth

PVH Corp.
2 levels
VF Corporation
4 levels
Tapestry
4 levels
Ralph Lauren
5 levels
5 levels

Avg C-suite tenure

PVH Corp.
2 yr
VF Corporation
3 yr
Tapestry
4 yr
Ralph Lauren
6 yr
5 yr

Has COO / Has CAIO

PVH Corp. — no COO — no CAIO
VF Corporation ✓ COO — no CAIO
Tapestry ✓ COO — no CAIO
Ralph Lauren — no COO — no CAIO
Nike ✓ COO ✓ CAIO

Current signals

What changed recently

The most significant change was the December 2025 departure of CFO Zachary Coughlin and the appointment of Melissa Stone as interim CFO.

  • promoted
    Melissa Stone Interim Chief Financial Officer

    Appointed interim CFO effective January 1, 2026 following CFO departure.

    Source
  • departed
    Zachary J. Coughlin Chief Financial Officer

    Departed effective December 31, 2025 to pursue another opportunity.

    Source
  • departed
    Martijn Hagman CEO, PVH Europe

    Stepped down and left the company in April 2025.

    Source

Leadership Timeline

Year-over-year executive structure based on SEC proxy and annual filings.

FY2025
10-K filed 2026-03-31
CEO
Stefan Larsson
CEO span
5
C-suite
6
Avg tenure
3.1 yr

Brand presidents remained direct CEO reports while the CFO transition occurred after year-end.

Named executive officers (5)
  • Stefan Larsson - Chief Executive Officer since 2019
  • Zachary J. Coughlin - Chief Financial Officer since 2022
  • Eva Serrano - Global Brand President, Calvin Klein since 2022
  • Lea Rytz Goldman - Global Brand President, Tommy Hilfiger since 2024
  • David Savman - Global Head of Operations and CSCO since 2022
FY2024
DEF 14A filed 2025-05-09
CEO
Stefan Larsson
CEO span
6
C-suite
7
Avg tenure
3.6 yr

PVH Europe was still led by a regional CEO reporting into the group structure.

Named executive officers (5)
  • Stefan Larsson - Chief Executive Officer since 2019
  • Zachary J. Coughlin - Chief Financial Officer since 2022
  • Eva Serrano - Global Brand President, Calvin Klein since 2022
  • Lea Rytz Goldman - Global Brand President, Tommy Hilfiger since 2024
  • Martijn Hagman - CEO, PVH Europe since 2019
FY2023
10-K filed 2024-04-01
CEO
Stefan Larsson
CEO span
6
C-suite
7
Avg tenure
4.2 yr

Regional leadership played a larger role prior to the Europe leadership change.

Named executive officers (5)
  • Stefan Larsson - Chief Executive Officer since 2019
  • Zachary J. Coughlin - Chief Financial Officer since 2022
  • Eva Serrano - Global Brand President, Calvin Klein since 2022
  • Martijn Hagman - CEO, PVH Europe since 2019
  • David Savman - Chief Supply Chain Officer since 2022

Year-over-year changes

FY2024 → FY2025

PVH reduced regional leadership at the top level following the departure of the Europe CEO.

  • CEO span: 6 → 5
  • C-suite size: 7 → 6
  • Avg tenure: 3.6 → 3.1 yr
  • departed Martijn Hagman - CEO, PVH Europe (was CEO, PVH Europe) (DEF 14A filed 2025-05-09)
FY2023 → FY2024

A new global brand president role further reinforced PVH’s brand-led structure.

  • CEO span: 6 → 6
  • C-suite size: 7 → 7
  • Avg tenure: 4.2 → 3.6 yr
  • new Lea Rytz Goldman - Global Brand President, Tommy Hilfiger (DEF 14A filed 2025-05-09)

The board

Board of directors

2 directors. 1 of 2 independent (50%). Source: most recent DEF 14A.

Stefan Larsson

Inside

Chief Executive Officer, PVH Corp.

Director since 2021 · Age 50

Michael M. Calbert

Chair Independent

Chairman of the Board, Dollar General Corporation

Director since 2022 · Age 62

Also on: Dollar General Corporation

The board, organized

Board committees

1 standing committees. Audit and Compensation must be 100% independent under SEC rules; the rest vary.

Audit & Risk Management Committee

100% independent 10 mtgs/yr
  • Michael M. Calbert Chair

Frequently Asked Questions

Who is the CEO of PVH?

Stefan Larsson has served as CEO of PVH Corp. since 2019.

What type of organizational structure does PVH use?

PVH uses a hybrid structure that elevates global brand presidents alongside centralized corporate functions.

How many direct reports does PVH's CEO have?

As of early 2026, the CEO has five direct executive reports.

How has PVH's leadership changed recently?

PVH’s CFO departed in December 2025, with Melissa Stone appointed interim CFO, and the former CEO of PVH Europe exited in 2025.

Who reports directly to PVH's CEO?

Direct reports include the interim CFO, the global presidents of Calvin Klein and Tommy Hilfiger, the global head of operations, and the general counsel.

Sources

  • 8-K Filing, Nov 18, 2025
  • DEF 14A, May 9, 2025
  • SEC EDGAR: PVH Corp. DEF 14A Proxy Statement
  • SEC EDGAR: PVH Corp. 10-K Annual Report

Reference

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APA 7th
Creately. (2026). PVH Corp. organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/pvh/
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"PVH Corp. Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/pvh/. Accessed .
Chicago 17
Creately. "PVH Corp. Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/pvh/.
Original SEC source View on SEC ↗
PVH Corp.. 10-K. Filed 2026-03-31. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/78239/000007823926000021/pvh-20260201.htm

Permanent URL: https://creately.com/org-chart/fortune-500/pvh/ · last updated 2026-04-01

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