Levi Strauss & Co. appoints Jeffrey J. Jones II to board of directors
Levi Strauss & Co. expanded its Board of Directors to 13 members and elected Jeffrey J. Jones II as a new independent Class III director, effective January 21, 2026.
Rhea-AI Filing Summary
Levi Strauss & Co. expanded its Board of Directors to 13 members and elected Jeffrey J. Jones II as a new independent Class III director, effective January 21, 2026. He will serve on the Compensation and Human Capital Committee and the Nominating, Governance and Corporate Citizenship Committee and is expected to hold his board seat until the company’s 2028 annual meeting of shareholders, subject to earlier departure events.
As a non-employee director, Mr. Jones will receive restricted stock units with a grant date fair value of $44,110 in Class A common stock, vesting in full on the earlier of the day before the next annual meeting or one year from grant, with delivery deferred until six months after he leaves the board. He will also receive a prorated cash retainer of $94,382 for the 2026 calendar year. The company notes he was not elected under any special arrangement and has no related-party transactions requiring disclosure.
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8-K Event Classification
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What change to Levi Strauss & Co.'s (LEVI) board was disclosed?
Levi Strauss & Co. increased the size of its Board of Directors to 13 members and elected Jeffrey J. Jones II as a new Class III director, effective January 21, 2026.
How long will Jeffrey J. Jones II serve on the Levi Strauss board?
Jeffrey J. Jones II will serve as a Class III director until Levi Strauss & Co.’s 2028 annual meeting of shareholders and until his successor is elected and qualified, or until his earlier death, resignation, retirement or removal.
What board committees will Jeffrey J. Jones II join at Levi Strauss (LEVI)?
Effective January 21, 2026, Jeffrey J. Jones II will serve on Levi Strauss & Co.’s Compensation and Human Capital Committee and the Nominating, Governance and Corporate Citizenship Committee.
How is Jeffrey J. Jones II compensated as a Levi Strauss non-employee director?
He will receive restricted stock units with a grant date fair value of $44,110 in Class A common stock, vesting in full on the earlier of the day before the next annual meeting or one year from grant, with delivery deferred until six months after board service ends. He will also receive a prorated $94,382 cash retainer for the 2026 calendar year.
Is Jeffrey J. Jones II considered an independent director at Levi Strauss?
Yes. The Board of Directors determined that Jeffrey J. Jones II is an independent director under New York Stock Exchange rules.
What is Jeffrey J. Jones II’s professional background before joining the Levi Strauss board?
Jeffrey J. Jones II has served as President and CEO and director of H&R Block, Inc. since 2017 and will retire from those roles effective December 31, 2025. Previously, he was President, Ride Sharing at Uber Technologies Inc., Executive Vice President and Chief Marketing Officer at Target Corporation, and Partner and President of the advertising agency McKinney. He has also served on the board of Advance Auto Parts, where he chairs the Compensation Committee and is a member of the Nominating and Governance Committee, and will retire from that board effective December 31, 2025.
AI-generated analysis. How Rhea-AI works. Not financial advice.