PAUL C. VARGA

Corporate Board Profile

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BROWN FORMAN CORP

Filing Date Source Excerpt
2014-06-26 Paul C. Varga - Director since 2003, Age 50, Committees: Executive. No director compensation as he is an employee. Compensation details are in executive compensation section.
2015-06-23 Paul C. Varga, AGE 51, Chairman and CEO, Brown-Forman Corporation, Director since 2003, Management Director, Executive Committee Member. No director compensation paid as employee. See executive compensation section for salary and total compensation.
2016-06-28 Paul C. Varga, AGE 52, Chairman and Chief Executive Officer, Director since 2003, Management Director, Committee: Executive, No director compensation listed as he is an employee.
2017-06-27 Paul C. Varga, AGE 53 Chairman & CEO, Brown-Forman Corporation Director since 2003 Committees: Executive. Employee director, no compensation for Board service.
2018-06-26 Paul C. Varga, Chairman and Chief Executive Officer, Director since 2003, Age 54, Committees: Executive, Employee director, no compensation for board service.

Churchill Downs Inc

Filing Date Source Excerpt
2020-03-10 Mr. Varga was appointed to the Board of Directors on February 25, 2020. Mr. Varga is the former Chairman and Chief Executive Officer of Brown-Forman Corporation, a public global spirits and wine company. Mr. Varga served as Chairman and Chief Executive Officer of Brown-Forman Corporation from August 2007 until his retirement in December 2018. He served as President and Chief Executive Officer of Brown-Forman Beverages (a division of Brown-Forman Corporation) from 2003 to 2005, and as Global Chief Marketing Officer for Brown-Forman Spirits from 2000 to 2003. In addition to Mr. Varga’s many years of leadership experience in the role of Chief Executive Officer and as a public company board member, he also has considerable expertise and experience in corporate finance, strategy, building brand awareness, product development, marketing, distribution and sales. Mr. Varga currently serves on the Board of Directors of Macy’s, Inc. as Chair of the Compensation and Management Development Committee and as a member of the Finance Committee. He previously served on the Board of Directors of Brown-Forman Corporation from 2003 until July 2019. Mr. Varga joined the Board in February 2020 and therefore received no compensation in 2019.
2021-03-11 Mr. Varga was appointed to the Board of Directors on February 25, 2020. Mr. Varga is the former Chairman and Chief Executive Officer of Brown-Forman Corporation, a public global spirits and wine company. Mr. Varga served as Chairman and Chief Executive Officer of Brown-Forman Corporation from August 2007 until his retirement in December 2018. He served as President and Chief Executive Officer of Brown-Forman Beverages (a division of Brown-Forman Corporation) from 2003 to 2005, and as Global Chief Marketing Officer for Brown-Forman Spirits from 2000 to 2003. In addition to Mr. Varga’s many years of leadership experience in the role of Chief Executive Officer and as a public company board member, he also has considerable expertise and experience in corporate finance, strategy, building brand awareness, product development, marketing, distribution and sales. Mr. Varga currently serves on the Board of Directors of Macy’s, Inc. as Chair of the Compensation and Management Development Committee and as a member of the Finance Committee. He previously served on the Board of Directors of Brown-Forman Corporation from 2003 until July 2019.
2022-03-17 Paul C. Varga Age: 58 Director since 2020...Mr. Varga was appointed to the Board of Directors on February 25, 2020...In 2021, we provided the following compensation to our non-employee directors...Paul C. Varga Fees earned or paid in cash ($) 136,500 Stock Awards ($) 155,000 Total ($) 291,500
2024-03-14 Mr. Varga was appointed to the Board of Directors on February 25, 2020. Mr. Varga served as the Chairman and Chief Executive Officer of Brown-Forman Corporation, a public global spirits and wine company, from August 2007 until his retirement in December 2018. He served as President and Chief Executive Officer of Brown-Forman Beverages, a division of Brown-Forman Corporation, from 2003 to 2005, and as Global Chief Marketing Officer for Brown-Forman Spirits from 2000 to 2003. Mr. Varga currently serves on the Board of Directors of Macy’s, Inc. as Lead Independent Director and as a member of both the Compensation and Management Development Committee and Finance Committee. He previously served on the Board of Directors of Brown-Forman Corporation from 2003 until July 2019. In addition to Mr. Varga’s many years of leadership experience in the role of chief executive officer and as a public company board member, he also has considerable expertise and experience in corporate finance, strategy, building brand awareness, product development, marketing, distribution, and sales. Age: 60. Gender: male. Committees: Board of Directors, Compensation Committee, Nominating and Governance Committee. Total annual compensation: $293,500.
2025-03-13 Mr. Varga served as the Chairman and Chief Executive Officer of Brown-Forman Corporation, a public global spirits and wine company, from August 2007 until his retirement in December 2018.

Macy's, Inc.

Filing Date Source Excerpt
2015-04-01 Paul C. Varga Age: 51 Director since: March 2012 Committees: CMD; NCG 2014 NON-EMPLOYEE DIRECTOR SUMMARY COMPENSATION TABLE Paul C. Varga Fees Earned or Paid in Cash: 90,000 Stock Awards: 140,007 Total: 234,955
2016-03-30 Paul C. Varga, Age: 52, Director since: 2012, Committees: CMD, Finance, Compensation: $246,546
2017-03-31 Paul C. Varga, Age: 53, Director since: 2012, Committees: CMD (chair); Finance, 2016 NON-EMPLOYEE DIRECTOR SUMMARY COMPENSATION TABLE: Fees Earned or Paid in Cash $96,667, Stock Awards $139,991, Total $237,829.
2018-04-04 Paul C. Varga 54 2012 ✓ Chairman and Chief Executive Officer of Brown-Forman Corporation Committees: • CMD (chair) • Finance 2017 Non-Employee Director Compensation Table shows total compensation of $242,702.
2019-04-03 Paul C. Varga (55) ... Former Chairman and Chief Executive Officer of Brown-Forman Corporation ... Committees: CMD (chair), Finance ... 2018 Non-Employee Director Compensation Table ... Paul C. Varga ... Fees Earned or Paid in Cash: 110,000 ... Stock Awards: 154,993 ... All Other Compensation: 1,845 ... Total: 266,838
2020-04-01 Paul C. Varga (56) - Director since March 2012 - Former Chairman and CEO of Brown-Forman Corporation - Committees: CMD, Finance - 2019 Director Compensation Table: Fees Earned or Paid in Cash $115,417, Stock Awards $155,002, All Other Compensation $1,313, Total $271,732.
2021-04-06 Paul C. Varga (57) Director since March 2012 Former Chairman and Chief Executive Officer of Brown-Forman Corporation Age 57 | Independent Committees Audit, Finance (chair), Lead Independent Director 2020 Director Compensation: Fees Earned or Paid in Cash $86,250, Stock Awards $155,003, All Other Compensation $1,216, Total $242,469
2022-04-01 Paul C. Varga (58) Director since March 2012 Former Chairman and CEO of Brown-Forman Corporation Committees: NCG. 2021 Director Compensation: $283,201
2023-04-03 Paul C. Varga Age: 59 Director Since: 2012 Independent Former Chairman and Chief Executive Officer of Brown-Forman Corporation Committees: CMD Finance ... 2022 Director Compensation ... Paul C. Varga 140,000 Fees Earned 159,990 Stock Awards 1,484 All Other Compensation 301,474 Total Compensation
2024-04-15 Paul C. Varga (60) Former Chairman and Chief Executive Officer of Brown-Forman Corporation Lead Independent Director Age: 60 Director Since: 2012 Committees: CMD, Finance (Chair) 2023 Director Compensation: $301,353
2025-04-01 Paul C. Varga (61) Former Chairman and CEO, Brown-Forman Corporation Lead Independent Director Director Since: 2012 Committees: CMD, Finance (Chair) 2024 Director Compensation: $316,238

Data sourced from SEC filings. Last updated: 2025-08-30