Posted: 06/02/2025 03:36 am
Movado Group, Inc. (NYSE: MOV), renowned for its innovative watch designs, has been making waves in recent months with both its executive compensation packages and strategic collaborations. Notably, the company's compensation data highlights a pattern of rewarding high-level performance through varied components, including stock awards, bonuses, and substantial salaries.
For the fiscal year 2025, Movado's Executive Vice President and Chief Financial Officer, Sallie A. DeMarsilis, received a total compensation of $1,303,406. Her package prominently included a $693,812 salary and $504,596 in stock awards, emphasizing Movado's strategy to align executive interests with shareholder value through equity compensation. This approach reflects a trend in the company towards performance-based rewards, with significant portions of executive compensation being tied to stock-related incentives^1.
In previous years, the company's Chief Executive Officer, Efraim Grinberg, was awarded a total compensation of $3,563,463 in 2021, largely propelled by a $1,500,000 bonus and $1,086,000 in option awards, underlining the importance of achieving company performance targets as a criterion for such bonuses^4. His performance-driven compensation in 2020 reached $3,722,187, with stock awards making up the largest component, illustrating a consistent emphasis on stock-based incentives^5.
Beyond executive compensation, Movado Group's recent moves include a collaboration with Derrick Adams, a leading Black artist, to unveil a new artist series collection. This endeavor reinforces Movado's commitment to integrating artistry into their iconic Museum Dial, offering limited edition watches and clocks^6. Furthermore, Movado's participation in the ICR Conference 2025 featured a fireside chat hosted by Efraim Grinberg, signaling an active engagement with investors and stakeholders as the company navigates the dynamic retail environment^7.
Financially, Movado's Q1 2026 earnings call revealed challenges, with the company falling short of consensus earnings estimates, indicating the need to address underlying business complexities^8. Despite these setbacks, Movado's stock price showed resilience, trading at $16.20 amidst a considerable range of $12.85 to $26.96 over the past year, reflecting investor volatility and market pressure^10. The company also faces scrutiny as law firm Pomerantz investigates claims on behalf of Movado investors, compounding the firm's ongoing challenges^12.
As Movado Group continues to navigate its strategic endeavors and market conditions, the focus on performance-aligned compensation seems integral to its approach in driving long-term growth and sustaining shareholder value. The interplay between rewarding leadership, fostering innovative collaborations, and addressing stock market dynamics remains crucial for Movado's future trajectory.
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1. Compensation Data - Sallie A. DeMarsilis, EVP, Chief Financial Officer, 2025: [SEC Filing](https://www.sec.gov/Archives/edgar/data/72573/000114036125017601/0001140361-25-017601-index.htm).
2. Compensation Data - Mitchell C. Sussis, SVP, General Counsel and Secretary, 2022: [SEC Filing](https://www.sec.gov/Archives/edgar/data/72573/000114036124025184/0001140361-24-025184-index.htm).
3. Compensation Data - Vivian D’Elia, SVP Human Resources, 2022: [SEC Filing](https://www.sec.gov/Archives/edgar/data/72573/000114036123024146/0001140361-23-024146-index.htm).
4. Compensation Data - Efraim Grinberg, Chair and CEO, 2021: [SEC Filing](https://www.sec.gov/Archives/edgar/data/72573/000114036122018817/0001140361-22-018817-index.htm).
5. Compensation Data - Efraim Grinberg, Chair and CEO, 2020: [SEC Filing](https://www.sec.gov/Archives/edgar/data/72573/000114036121016808/0001140361-21-016808-index.htm).
6. Press Release - Collaboration with Derrick Adams, January 2025: [PRNewswire](https://www.prnewswire.com).
7. Press Release - ICR Conference Participation, January 2025: [Business Wire](https://www.businesswire.com).
8. News Headline - Q1 2026 Earnings Call Transcript, May 2025: [Seeking Alpha](https://seekingalpha.com/article/4790947-movado-group-inc-mov-q1-2026-earnings-call-transcript).
9. News Headline - Lags Q1 Earnings Expectations, May 2025: [Zacks](https://www.zacks.com/stock/news/2478670/movado-mov-lags-q1-earnings-and-revenue-estimates).
10. Current Stock Price Data for Movado Group, Inc., 2025.
11. News Headline - Conference Call Announcement, May 2025: [Business Wire](https://www.businesswire.com/news/home/20250522995944/en/Movado-Group-Inc.-Announces-Date-of-Conference-Call-and-Webcast-for-First-Quarter-Fiscal-Year-2026-Results/).
12. News Headline - Pomerantz Law Investigation, May 2025: [Access Newswire](https://www.accessnewswire.com/newsroom/en/business-and-professional-services/investor-alert-pomerantz-law-firm-investigates-claims-on-behalf-1027891).