Levi Strauss (NYSE: LEVI) director since 2010 exits at 72 as board cuts to 10
Rhea-AI Filing Summary
Levi Strauss & Co. (LEVI) reported a planned Board transition tied to its corporate governance guidelines. On August 14, 2026, Class III director Robert Eckert retired from the Board after reaching the mandatory retirement age set by those guidelines, under which directors are deemed to resign automatically upon their 72nd birthday unless this requirement is waived. Eckert had served on the Board since 2010, was Board chair until April 2026, chaired the Nominating, Governance and Corporate Citizenship Committee (NGCC Committee), and sat on the Compensation and Human Capital Committee. The company states that his retirement is not due to any disagreement regarding operations, policies, or practices. Effective upon his retirement, the Board appointed Joshua Prime to the NGCC Committee and named him its chair, and the overall Board size was reduced to ten directors.
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8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Figures
Mandatory retirement age: 72 years
Board size after change: 10 directors
Board service start year for Robert Eckert: 2010
+2 more
5 metrics
Mandatory retirement age
72 years
Directors are deemed to have resigned automatically upon their 72nd birthday absent a waiver
Board size after change
10 directors
Board size reduced concurrent with Robert Eckert’s departure
Board service start year for Robert Eckert
2010
Year Robert Eckert began serving on the Levi Strauss & Co. Board
Retirement effective date
August 14, 2026
Date Robert Eckert retired from the Board
Board chair role end
April 2026
Month and year when Robert Eckert last served as chair of the Board
Key Terms
mandatory retirement age, corporate governance guidelines, Nominating, Governance and Corporate Citizenship Committee, Compensation and Human Capital Committee
4 terms
mandatory retirement age regulatory
"having reached the mandatory retirement age, Robert Eckert, a Class III director, retired"
corporate governance guidelines regulatory
"The Company’s corporate governance guidelines provide that a director is deemed"
A company’s corporate governance guidelines are a set of written rules and practices that explain how its board and executives make decisions, oversee risks, and hold themselves accountable—think of them as the organization’s playbook for fair and responsible leadership. Investors care because these guidelines shape how transparent decision-making is, reduce the chance of surprises or conflicts, and influence long‑term stability and trust, much like house rules keep a household running smoothly.
Nominating, Governance and Corporate Citizenship Committee regulatory
"the Nominating, Governance and Corporate Citizenship Committee of the Board (the “NGCC Committee”)"
Compensation and Human Capital Committee regulatory
"as well as a member of the Compensation and Human Capital Committee"
A compensation and human capital committee is a board-level group that sets and oversees executive pay, employee incentive plans, hiring and retention strategies, succession planning, and workplace policies. Think of it as the company’s talent and pay steering team — it shapes who gets hired or promoted, how employees are rewarded, and how workforce risks are managed. Investors care because those choices drive labor costs, company performance, leadership stability and reputation, all of which affect long-term value.
FAQ
What Board change did LEVI Strauss & Co. (LEVI) announce on August 14, 2026?
Levi Strauss & Co. announced that director Robert Eckert retired from its Board on August 14, 2026 after reaching the mandatory retirement age. His departure follows corporate governance guidelines that deem directors resigned at their 72nd birthday unless waived.
Why did Robert Eckert retire from the LEVI Board?
Robert Eckert retired because he reached the Board’s mandatory retirement age, which deems directors to have resigned at age 72 absent a waiver. The company states his retirement was not due to any disagreement over its operations, policies, or practices.
What roles did Robert Eckert hold at Levi Strauss & Co. (LEVI) before retiring?
Robert Eckert had served on the LEVI Board since 2010, most recently as chair of the Board until April 2026. He also served as chair of the NGCC Committee and as a member of the Compensation and Human Capital Committee.
Who replaced Robert Eckert as chair of the NGCC Committee at LEVI?
Upon Robert Eckert’s retirement, the Board appointed Joshua Prime to the Nominating, Governance and Corporate Citizenship Committee and named him its Chair. This change was effective concurrently with Eckert’s departure on August 14, 2026.
How did Robert Eckert’s retirement affect the size of LEVI’s Board?
Concurrent with Robert Eckert’s departure, the size of Levi Strauss & Co.’s Board was reduced to ten directors. The filing states this reduction took effect at the same time as his retirement on August 14, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
