---
schema_version: "secwatch.filing_event.v1"
accession: "0001060822-21-000055"
form_type: "8-K"
ticker: "CRI"
cik: "0001060822"
company_name: "CARTERS INC"
filed_at: "2021-11-04T23:59:59+00:00"
generated_at: "2026-06-28T12:33:32.495317+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Carter's appoints Luis Borgen (CFO of athenahealth) to board, effective Nov. 2, 2021

## Summary
- Luis Borgen appointed to board effective Nov 2, 2021; also joins Audit Committee.
- One-time grant of restricted stock valued at $155,000, 3-year cliff vesting.
- Annual director compensation: $155,000 stock grant + $85,000 cash retainer, pro-rated for 2021.
- Board meeting fee $2,500, committee meeting fee $1,000 per meeting attended.
- Mr. Borgen has no family relations with officers/directors and no 404(a) reportable interests.

## SEC filing metadata
- accession: 0001060822-21-000055
- form_type: 8-K
- ticker: CRI
- cik: 0001060822
- company_name: CARTERS INC
- filed_at: 2021-11-04T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1060822/000106082221000055/0001060822-21-000055-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1060822/000106082221000055/cri-20211102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001060822-21-000055
- JSON: https://secwatch.observer/filing/0001060822-21-000055.json
- Plain text: https://secwatch.observer/filing/0001060822-21-000055.txt

## Key facts
- Executive change
  Luis Borgen was appointed as Director at CARTERS INC.
  - Action: appointed
  - Role: Director
  source text: On November 2, 2021, the Board of Directors (the “Board”) of Carter’s, Inc. (the “Company”) appointed Luis Borgen, Chief Financial Officer of athenahealth, Inc., a software and technology-enabled services company that offers physician solutions and payer and life sciences solutions nationwide, and a member of the Board of Directors of Eastern Bankshares, Inc., as a director of the Company, effective November 2, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1060822/000106082221000055/0001060822-21-000055-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.