Skip to main content

PVH Corp.

ApparelFounded 1881
Reviewed by Swet Parvadiya
Company data updated: October 2026

Leadership History

PVH: CEO History

2 leaders · 2006 to present

Who is the CEO of PVH?

Stefan Larsson is the CEO of PVH, in the role since 2021. The first chief executive was Manny Chirico, from 2006.

Current CEO
Stefan Larsson (since 2021)
First CEO
Manny Chirico (2006)
Leaders documented
2
Founded
1881
NameRoleFromToYears in role
Stefan LarssonChief Executive Officer2021Present5
Manny ChiricoFormer Chief Executive Officer2006202115
Who was CEO of PVH before Stefan Larsson?
Manny Chirico was CEO of PVH from 2006 to 2021, before Stefan Larsson took over in 2021.

Company Overview

PVH Corp. is a two-brand apparel company: nearly all of its business comes from Calvin Klein and Tommy Hilfiger. It designs and markets apparel, underwear, denim, footwear and accessories, sells them through wholesale partners, its own stores and e-commerce sites, and licenses the brands to partners for categories such as fragrance and eyewear. PVH reported $8.950 billion of revenue in fiscal 2025 (the year ended February 1, 2026) and had about 26,000 associates. The company is headquartered in New York City, New York. The company traces its origins to 1881 in Pottsville, Pennsylvania, when Moses and Endel Phillips sold hand-sewn shirts to local coal miners before creating Phillips-Van Heusen and consolidating global fashion powerhouses Calvin Klein and Tommy Hilfiger.

PVH makes money in three ways. It sells Calvin Klein and Tommy Hilfiger products wholesale to department stores, specialty retailers and online marketplaces; it sells direct to consumers through company-operated stores and brand websites; and it earns royalties by licensing the brands to third parties for categories it does not make itself, such as fragrance. Results are reported by region (Americas, EMEA and Asia-Pacific) plus licensing. In 2026 PVH has been bringing some previously licensed Tommy Hilfiger categories in-house, which shifts revenue from royalties to product sales.

Stefan Larsson

Chief Executive Officer

2021 – Present

5 years (current)

Key Decisions & Impact

Larsson spent about 15 years at H&M, then led Old Navy and served as CEO of Ralph Lauren from 2015 to 2017. He joined PVH as President in 2019, became CEO in February 2021 and launched the PVH+ Plan focused on hero products, DTC growth and a demand-driven supply chain.

Legacy

Under Larsson, PVH revenue was $8.950B in fiscal 2025, up 3%, and the company expanded DTC and e-commerce while cutting costs. 2026 brought a $439M impairment in Q2 and a reaffirmed full-year non-GAAP outlook.

Manny Chirico

Former Chief Executive Officer

2006 – 2021

15 years

Key Decisions & Impact

Chirico led PVH's transformation from a regional dress-shirt maker into a global apparel company, executing the $3 billion Tommy Hilfiger acquisition in 2010 and the $2.9 billion Warnaco Group acquisition in 2013 that consolidated Calvin Klein licensing under PVH's direct control.

Legacy

Chirico's two transformative acquisitions built the two-megabrand structure -- Calvin Klein and Tommy Hilfiger -- that still generates over 95% of PVH's revenue today. Yes. Yes. Yes.

Challenges & Strategic Context

PVH faces weak EMEA wholesale demand, U.S. tariffs on imported apparel, promotional pressure, currency swings and the need to keep both brands culturally relevant. In Q2 2026 it recorded a $439 million non-cash goodwill and intangible impairment, which turned the quarter into a GAAP net loss of $102.9 million, and its market value fell to roughly $3.5 billion by late September 2026.

PVH CEO and Leadership FAQ

Who have been the primary Chief Executive Officers in PVH Corp.'s modern history?

Key CEOs in PVH's history include Bruce Klatsky (1993 to 2006), Emanuel 'Manny' Chirico (2006 to 2021), and current CEO Stefan Larsson (2021, present).

What was Manny Chirico's transformative impact as CEO of PVH (2006 to 2021)?

Manny Chirico turned PVH from a U.S. shirt maker into a global fashion group, leading the roughly $3 billion Tommy Hilfiger acquisition in 2010 and the $2.9 billion Warnaco acquisition in 2013.

Who is Stefan Larsson and what track record does he bring as CEO of PVH?

Stefan Larsson became CEO of PVH in February 2021. He spent about 15 years at H&M, served as Global President of Old Navy and was CEO of Ralph Lauren from 2015 to 2017 before joining PVH as President in 2019.

How did Bruce Klatsky shape PVH prior to Manny Chirico?

Serving as CEO from 1993 to 2006, Bruce Klatsky made the visionary 2003 decision to acquire Calvin Klein for $430 million, establishing the modern foundation of PVH as a high-end designer brand management platform.

What were Stefan Larsson's first major strategic moves as CEO in 2021?

Larsson launched the PVH+ Plan, sold the Heritage Brands trademarks to Authentic Brands Group in 2021, simplified the organization and refocused resources on Calvin Klein and Tommy Hilfiger.

What leadership principles define PVH's executive management team?

PVH's leadership is guided by five Core Values: Individuality, Partnership, Passion, Integrity, and Accountability, emphasizing disciplined execution, data-driven consumer focus, and sustainable supply chain ethics.

Who is the current CEO of PVH Corp.?

Stefan Larsson is the Chief Executive Officer of PVH Corp., having assumed the role in February 2021 after previously serving as President.

What was Stefan Larsson’s professional background before becoming CEO of PVH?

Stefan Larsson built a formidable reputation as an operational turnaround leader: he spent 15 years rising at H&M, successfully spearheaded the revitalization of Old Navy as Global President, and served as CEO of Ralph Lauren Corporation.

What is Stefan Larsson’s strategic signature at PVH?

Larsson introduced the "PVH+ Plan", instilling operational discipline, eliminating brand-diluting wholesale discounts, focusing on hero core products, and elevating Tommy Hilfiger and Calvin Klein to premium global status.

Who was Emanuel "Manny" Chirico and what was his contribution as CEO?

Manny Chirico was CEO from 2006 to 2021 and Chairman until 2021; he was the master dealmaker who architected the $3B Tommy Hilfiger acquisition in 2010 and the $2.9B Warnaco buyout in 2013, creating modern PVH.

Who was Bruce Klatsky and what did he achieve as CEO?

Bruce Klatsky served as CEO from 1993 to 2006, leading PVH’s historic 2003 acquisition of Calvin Klein, expanding international wholesale networks, and modernizing human rights auditing in apparel supply chains.

How did the Phillips family lead the company through the 20th century?

Founding family members Isaac Phillips and Seymour Phillips led Phillips-Van Heusen through the 1920s to the 1970s, establishing the Van Heusen collar as an American wardrobe staple and taking the company public in 1920.

Where is PVH Corp.’s corporate executive leadership based?

PVH is headquartered in New York City (285 Madison Avenue), with significant European executive management stationed in Amsterdam, Netherlands.

What culture values define PVH executive leadership today?

PVH leadership emphasizes consumer centricity, operational speed, inclusion and diversity, data-backed merchandising, and long-term brand equity preservation.

Related Leadership Timelines

Compare executive leadership tenures and strategic transitions

Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.