Levi Strauss & Co. announced on September 30, 2026, the appointment of John Vandemore as Executive Vice President and Chief Financial Officer, effective November 1, 2026. Mr. Vandemore, 53, joins the company from Skechers U.S.A., Inc., where he served as Chief Financial Officer for the past nine years. During his tenure at Skechers, the company grew to become the world's third-largest footwear brand, with a presence in over 180 countries, and nearly tripled revenues to over $9 billion.
Before his role at Skechers, Mr. Vandemore served as Executive Vice President, Divisional Chief Financial Officer of Mattel, Inc. His prior experience includes positions at International Game Technology, The Walt Disney Company, AlixPartners, Goldman Sachs, and PricewaterhouseCoopers. He holds a Bachelor of Business Administration from the University of Notre Dame and a Master of Business Administration from Northwestern University’s J.L. Kellogg Graduate School of Management.
Mr. Vandemore will succeed Harmit Singh, who announced his intent to retire in April 2026. Mr. Singh will remain in his current role as Chief Financial & Growth Officer until Mr. Vandemore joins the company and will then serve as a Special Advisor through November 30, 2026, to ensure a smooth transition.
According to the filing, Mr. Vandemore’s compensation package includes a base salary of $1,350,000 per year and an initial target bonus of 110% of his base salary under the company’s Annual Incentive Plan. He is eligible to receive annual equity grants beginning in 2027, with an aggregate target grant date fair value of $4,250,000. This includes restricted stock units, performance-based RSUs, and stock appreciation rights.
In addition to his annual compensation, Mr. Vandemore will receive a one-time sign-on award valued at $14,500,000. This package consists of a $4,000,000 cash incentive, a $5,500,000 restricted stock unit grant, and a $5,500,000 stock appreciation right grant. Vesting and payment of the sign-on award are subject to his continued employment, with specific terms outlined in the company’s Senior Executive Severance Plan.
