PVH Corp. CEO earns $16M as company returns to revenue growth in 2025

A $16M payday for PVH Corp.'s CEO reflects a year of turnaround and smarter cost cuts. Can Calvin Klein and Tommy Hilfiger sustain this momentum into 2026?

, and Administrator

2026 May 9 . 8:22 AM

1 min read

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PVH Corp. CEO earns $16M as company returns to revenue growth in 2025

PVH Corp. returned to revenue growth in 2025, meeting its financial targets for the year. The company’s CEO, Stefan Larsson, earned a total pay package of over $16 million, largely driven by stock awards and performance incentives. Larsson’s compensation included a base salary of $1.5 million. He also received $2.1 million in incentive pay, amounting to 74% of his target bonus. The bulk of his earnings, however, came from stock awards valued at $12.2 million.

Under Larsson’s leadership, PVH Corp. focused on strengthening its two core brands, Calvin Klein and Tommy Hilfiger. The company achieved an adjusted operating margin of 8.8% in 2025. It also generated over 200 basis points in annualised cost savings, improving efficiency across operations. By the end of 2025, PVH Corp. had positioned itself well for the spring 2026 season, with inventory levels optimised. The company’s annual shareholder meeting is set for June 18, where further updates on performance and strategy may be shared.

The 2025 results mark a turnaround for PVH Corp., with revenue growth and cost reductions delivering stronger margins. Larsson’s pay reflects the company’s improved financial position and its focus on key brands. Shareholders will review these outcomes at the upcoming annual meeting.