COVID Stimulus Watch Individual Entry
Recipient Company:
VF Corp
Loan or Loan Guarantee Amount:
$1,065,050
Recipient Details
Ownership Structure: publicly traded (ticker symbol VFC)
Award Details
Award Date: Nov 18, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...
Parent Company Data
Parent Company: VF Corp.
Headquartered in: North Carolina
Parent Sector: apparel
Parent Industry: apparel
Employees (prior to pandemic): 48,000
Accountability Issues Since 2010
Employment-related Penalties: $115,188
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $254,515
Good Jobs First has no data in this category
Ratio of CEO Pay to that of Median Worker: 1245 to 1
CEO Compensation: $16,600,591
Worker Median Pay: $13,330
Total Federal, State, and Local Subsidies: $27,311,755
Federal Corporate Income Tax Rate: 34.6%
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