Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Orianna Rosa Royle

Levi’s Strauss outgoing CEO says his biggest mistake was not firing the wrong people quickly enough

Chip Bergh, the outgoing chief executive officer of Levi (Credit: Patrick T. Fallon/Bloomberg — Getty Images)

As many outgoing chiefs do, Levi Strauss’ Charles (or Chip) Bergh has been reflecting on his time at the company—and there’s one thing during his 13-year stint at the helm that he wishes he'd done differently. 

By his second day on the job, he told CNBC, he knew that the best way to turn around the stale company was to refresh its leadership team, and so within a year of running the world’s most famous jeans company, Bergh had fired more than half of his executives. 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.