Today we announced that Executive Vice President and Chief Financial & Growth Officer (CFGO) Harmit Singh will continue in his role as CFGO until a successor is appointed and then transition to serve as Special Advisor, following which he will retire. We have initiated a comprehensive search process with the assistance of a leading executive search firm. Harmit will continue to serve as CFGO until a successor is appointed and will remain for a planned transition Special Advisor to ensure continuity.
“On behalf of the Board and our employees, I want to thank Harmit for his significant contributions to Levi Strauss & Co. over the past 13 years,” said Michelle Gass, President and CEO, LS&Co. “He played an important role in taking the company public, supporting the company’s transformation into a DTC-first retailer and strengthening our financial foundation and operating rigor, positioning us for long-term profitable growth. Thanks to the high-caliber finance team he built, we are well-positioned to navigate a seamless transition. Harmit has been a trusted leader across the organization, and we are grateful for his impact and his ongoing support as we conduct a thoughtful search for our next CFO.”
“It has been a true privilege to work alongside Michelle and the executive leadership team as we’ve driven meaningful, transformative growth,” Harmit added. “We have successfully evolved into a more diversified, global, direct-to-consumer business, expanding our addressable market, growing margins and positioning the business for sustainable growth. I am very proud of what we have accomplished, and I have deep gratitude for my team and tremendous confidence in the company’s continued momentum. I look forward to supporting a smooth transition to the company’s next CFO.”
For more information, view the press release.
