PVH Corp. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits
$PVH
Apparel
Consumer Discretionary
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) March 11, 2025
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 11, 2025, PVH Corp. (the “Company”) announced that James Holmes, its Executive Vice President, Controller (principal accounting officer), would be stepping down from that role effective April 30, 2025 to pursue other opportunities. He will remain with the Company until October 1, 2025 to ensure a seamless transition of his responsibilities. Mr. Holmes’ departure is not a result of any disagreement with the Company’s independent auditors or any member of management, including not in regard to any matter in respect of accounting principles or practices, financial statement disclosure or internal controls.
Erik Graf, 48, will replace Mr. Holmes as Executive Vice President, Corporate Controller (principal accounting officer) effective May 1, 2025. Mr. Graf joined the Company in 2010, holding roles of increasing responsibility within the Finance organization, most recently as Senior Vice President, External Reporting and Accounting since 2022 and Senior Vice President, Accounting immediately prior to that beginning in 2015.
Mr. Graf’s annual base salary will be $450,000. Mr. Graf will be eligible to participate in the Company’s Performance Incentive Bonus Plan, under which his expected target annual cash bonus award will be 50% of his annual base salary. Mr. Graf will continue to be eligible to participate in the Company’s Stock Incentive Plan and is expected to receive an annual long-term equity award with a grant date value of approximately $300,000.
There (i) is no arrangement or understanding between Mr. Graf and any other person pursuant to which Mr. Graf was appointed as the Company’s Executive Vice President, Corporate Controller, (ii) are no family relationships between Mr. Graf and any of the Company’s directors or executive officers, and (iii) are no transactions between Mr. Graf and the Company that would be required to be reported under Item 404(a) of Regulation S-K of the Securities Exchange Act of 1934, as amended.
Item 9.01. Financial Statements And Exhibits.
(d) Exhibits.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
PVH CORP.
By: /s/ Mark D. Fischer
Mark D. Fischer
Executive Vice President, General Counsel and
Secretary
Date: March 11, 2025