| CEO Name | Stephen Smith |
| Nationality | United States |
| Net Worth Estimation | $10 million |
Stephen Smith's estimated net worth of around $10 million stems from his executive compensation, bonuses, and stock options as the CEO of L.L.Bean, combined with decades of experience in high-ranking retail management roles. L.L.Bean's private, family-owned structure limits public financial data, but industry benchmarks support this valuation for CEOs of similarly sized companies.
Stephen Smith, CEO of L.L.Bean, has an estimated net worth of $10,000,000, which is approximately 0.11% of the maximum CEO net worth ($9,000,000,000) in the apparel business category. His net worth is 10 times greater than the minimum CEO net worth ($1,000,000) for this sector.
Business Category: Apparel
Minimum Net Worth (estimation): 1000000 USD
Maximum Net Worth (estimation): 9000000000 USD
Stephen Smith Performance in L.L.Bean
Stephen Smith, CEO of L.L.Bean, demonstrates strategic leadership by fostering innovation and maintaining the company's strong customer-centric values. His decisive actions in modernizing operations and expanding digital presence have driven sustainable revenue growth and enhanced brand loyalty. Smith's performance has significantly strengthened L.L.Bean's market competitiveness, solidifying its reputation as a leading outdoor retailer.
Latest News
L.L.Bean CEO Stephen Smith to Step Down in Spring 2026
Stephen Smith, L.L.Bean's first CEO from outside the company, announced his departure after a decade leading the outdoor retailer, credited with modernizing operations and guiding the company through the pandemic and retail challenges. The Board has started a search for his successor while maintaining strategic growth in omnichannel sales and store expansions with $1.7 billion revenue in 2024.
Source: http://retaildive.com/news/llbean-ceo-departure-2026