Levi Strauss & Co. Announces Retirement of Chief Financial & Growth Officer Harmit Singh

Key Highlights

• Executive Transition: Executive Vice President and Chief Financial & Growth Officer (CFGO) Harmit Singh will retire after a planned transition period. Singh will remain in his role until a successor is appointed and will then serve as Special Advisor before retiring.
• Search for Successor Underway: Levi Strauss & Co. has started a comprehensive search for Singh’s replacement, engaging a leading executive search firm to identify candidates for the top financial role.
• Leadership Stability: Singh, a 13-year veteran at Levi Strauss & Co., will support the transition to ensure continuity and stability in the company’s financial leadership.
• Track Record of Value Creation: Singh played a pivotal role in taking the company public, transforming Levi Strauss & Co. into a direct-to-consumer (DTC) first retailer, and driving significant financial and operational improvements.
• Recent Expansion of Responsibilities: In 2023, Singh’s role was expanded to Chief Growth Officer, where he helped drive corporate strategy, global real estate initiatives, franchise expansion, and the development of Global Talent Hubs.
• Strong Financial Results: Levi Strauss & Co. reported net revenues of \$6.3 billion in 2025, underscoring the company’s global leadership in the apparel industry.

Details of the Announcement

Levi Strauss & Co. (NYSE: LEVI) announced on April 7, 2026, that Executive Vice President and Chief Financial & Growth Officer Harmit Singh will be retiring, following a planned transition period. Singh will remain in his current role until a successor has been appointed and then serve as Special Advisor to the company to ensure a smooth handover.

The company has initiated a comprehensive search for Singh’s successor, working with a top-tier executive search firm to identify and recruit the next Chief Financial Officer. This move is crucial for maintaining the financial and operational momentum the company has built over the past decade.

Comments from Leadership

Michelle Gass, President and CEO of Levi Strauss & Co., expressed gratitude for Singh’s contributions: “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.”

Singh reflected on his tenure, stating: “It has been a true privilege to work alongside Michelle and the executive leadership team as we’ve driven meaningful, transformative growth. 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.”

Singh’s Career at Levi Strauss & Co.

Harmit Singh joined Levi Strauss & Co. in 2013 as Chief Financial Officer, overseeing global finance, information technology, M&A, investor relations, strategic sourcing, and global business services. In 2023, his role was expanded to include Chief Growth Officer, where he was tasked with shaping corporate strategy, accelerating transformation, and advancing key initiatives such as global real estate, franchise expansion, and the development of Global Talent Hubs.

Prior to joining Levi Strauss & Co., Singh was CFO at Hyatt Hotels Corporation and held Division CFO roles at Yum! Restaurants International and Pizza Hut.

Potential Impact on Shareholders and Stock Price

• Leadership Transition Risk: The departure of a long-serving and highly regarded financial executive can introduce uncertainty and potential volatility in the stock price, particularly if investors are concerned about continuity in financial management and strategic direction.
• Planned and Structured Transition: The company is taking deliberate steps to ensure a smooth transition, which may reassure markets and mitigate downside risk.
• Continuation of Strategy: Singh’s continued involvement as Special Advisor and the strength of the existing finance team are positive factors that may support investor confidence during the transition period.
• Track Record of Growth: Singh has played a key role in the company’s transformation, including its successful IPO, pivot to DTC, and global expansion, all of which have contributed to robust financial performance.

About Levi Strauss & Co.

Levi Strauss & Co. is one of the world’s largest brand-name apparel companies and a global leader in jeanswear. The company designs and markets jeans, casual wear, and related accessories for men, women, and children under the Levi’s®, Levi Strauss Signature™, and Beyond Yoga® brands. Its products are sold in approximately 120 countries worldwide through a combination of chain retailers, department stores, online sites, and a global footprint of approximately 3,300 retail stores and shop-in-shops. In 2025, Levi Strauss & Co. reported net revenues of \$6.3 billion.

For more information, visit levistrauss.com or the investor relations site.

Disclaimer: The information in this article is based on a press release issued by Levi Strauss & Co. and is intended for informational purposes only. Investors should conduct their own research and consult with financial advisors before making investment decisions. This article does not constitute financial advice or a recommendation to buy or sell any securities.

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