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Levi Strauss & Co. Announces New General Counsel

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Levi Strauss & Co. (NYSE: LEVI) announced the promotion of David Jedrzejek to General Counsel following the retirement of Seth Jaffe, effective June 2. Jaffe, who served for 26 years, played a pivotal role in the company’s turnaround and key initiatives such as the IPO and acquisition of Beyond Yoga. Jedrzejek, a seven-year veteran and former Deputy General Counsel, will oversee the legal department and report to CEO Chip Bergh. Levi Strauss is a leading global jeanswear company, with reported net revenues of $6.2 billion in 2022.

Positive
  • David Jedrzejek's promotion to General Counsel could strengthen legal strategies and governance.
  • Continued leadership stability with a seasoned professional at the helm of legal affairs.
Negative
  • None.

Seven-Year Company Veteran David Jedrzejek has Been Promoted to Top Legal Position.

SAN FRANCISCO--(BUSINESS WIRE)-- Levi Strauss & Co. (NYSE: LEVI) today announced changes to the Legal leadership team.

Chief Legal Officer Seth Jaffe will be retiring from Levi Strauss & Co., effective June 2. Jaffe has spent a total of 26 years at LS&Co. and has played a key role in major milestones for the company, including the company’s turnaround, securing the naming rights for Levi’s® Stadium, the company’s 2019 IPO and the acquisition of Beyond Yoga in 2021.

“I feel so fortunate to have had Seth by my side since I joined LS&Co. 11 years ago,” said CEO and President Chip Bergh. “Seth has been a trusted advisor and invaluable partner to me, providing guidance, counsel and a second opinion on matters far beyond the legal realm. I am grateful for Seth’s contributions and dedication to this company, and I wish him all the best as he retires from LS&Co.”

With Jaffe’s retirement, David Jedrzejek has been named general counsel for LS&Co., effective June 2. In this role, Jedrzejek will be responsible for all aspects of the legal department, including governance; commercial transactions; litigation; intellectual property; privacy; ethics and compliance; and global security and resilience, including enterprise risk management. He will also serve as counselor to the board of directors. He will report to Bergh and sit on the executive leadership team.

“David is a strong, values-based leader who has proven his deep expertise in protecting our business, our brands and our people throughout his tenure on the legal team,” Bergh said. “I have no doubt that David will continue to be an invaluable counselor and advocate in his role as general counsel, championing our commitment to profits through principles while ensuring compliance and good governance at all levels of the organization.”

Jedrzejek has been with LS&Co. for seven years and currently serves as Deputy General Counsel with responsibility for the commercial legal team. He previously managed the finance, governance and compliance legal team for the company. Before joining LS&Co., Jedrzejek was associate general counsel at Gap Inc. Prior to Gap Inc., he worked at the law firms Wilson Sonsini Goodrich & Rosati and Pillsbury Winthrop Shaw Pittman LLP.

About Levi Strauss & Co.

Levi Strauss & Co. (LS&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®, Signature by Levi Strauss & Co.™, Denizen®, Dockers® and Beyond Yoga® brands. Its products are sold in more than 110 countries worldwide through a combination of chain retailers, department stores, online sites, and a global footprint of approximately 3,200 retail stores and shop-in-shops. Levi Strauss & Co.'s reported 2022 net revenues were $6.2 billion. For more information, go to http://levistrauss.com, and for financial news and announcements go to http://investors.levistrauss.com.

Investor Contact:

Aida Orphan

Levi Strauss & Co.

(415) 501-6194

Investor-relations@levi.com

Media Contact:

Mark Cazares

Levi Strauss & Co.

(415) 501-7777

newsmediarequests@levi.com

Source: Levi Strauss & Co.

FAQ

What is the significance of David Jedrzejek's promotion at Levi Strauss?

David Jedrzejek's promotion to General Counsel following Seth Jaffe's retirement signifies a continuity in leadership and a focus on legal governance.

When did Seth Jaffe retire from Levi Strauss?

Seth Jaffe retired from Levi Strauss & Co. effective June 2.

What are Levi Strauss & Co.'s reported revenues for 2022?

Levi Strauss & Co. reported net revenues of $6.2 billion for the year 2022.

Who is the CEO of Levi Strauss & Co.?

The CEO of Levi Strauss & Co. is Chip Bergh.

Levi Strauss & Co.

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