Levi Strauss appoints Chris Callieri as chief supply chain officer

SAN FRANCISCO - Levi Strauss & Co. (NYSE:LEVI) announced Tuesday the appointment of Chris Callieri as senior vice president and chief supply chain officer, effective September 15. Callieri will report to President and CEO Michelle Gass and oversee global supply chain operations for the Levi’s brand.

In his new role, Callieri will be responsible for product development, sourcing, global supply management, sustainability, and distribution and logistics. He will also join the company’s executive leadership team.

Callieri brings more than 20 years of international supply chain experience to Levi’s. He most recently served as chief supply chain officer at Victoria’s Secret & Co., where he led a global team across multiple geographies and product categories. Previously, he worked at Tory Burch, where he implemented various systems and led supply chain transformation efforts.

His career also includes senior positions at Adidas, where he served as senior vice president of product operations, as well as roles at HRC Advisory and A.T. Kearney.

"With a proven track record of delivering results at scale, he’s the right leader to strengthen our end-to-end supply chain agility, drive innovation, and advance our sustainability goals," said Gass in the press release statement.

Levi Strauss & Co. reported net revenues of $6.4 billion in 2024. The company’s products are sold in approximately 120 countries through retailers, department stores, online sites, and approximately 3,400 retail stores and shop-in-shops globally.

In other recent news, Levi Strauss & Co. reported its second-quarter earnings, revealing earnings per share of 22 cents, significantly surpassing analysts’ expectations of 11 cents. This earnings beat was attributed to stronger-than-anticipated revenue growth and improved gross margin performance. Following these results, several investment firms adjusted their price targets for the company. UBS maintained its Buy rating and increased its price target to $28, while TD Cowen raised its target to $22, also maintaining a Buy rating. Stifel followed suit, increasing its price target to $24, citing the company’s strong execution and balanced strength.

Additionally, Levi Strauss announced the pricing of €475 million of 4.000% senior notes due in 2030, conducted under Rule 144A and Regulation S of the Securities Act of 1933. The offering is expected to close on July 29, 2025, pending customary closing conditions. These developments reflect Levi’s ongoing transformation into a global, multi-channel lifestyle brand, expanding beyond its traditional North American wholesale men’s denim business.

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