secwatch.observer — SEC 8-K summary
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Issuer:     CARTERS INC (CRI)
CIK:        0001060822
Form:       8-K
Filed at:   2025-08-18T23:59:59+00:00
Accession:  0001060822-25-000149
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Carter's CPO Kendra Krugman to depart Oct 21; deferred comp plan terminated
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- CPO Kendra Krugman to depart Oct 21, 2025; involuntary termination without cause with severance per existing agreement.
- CEO Doug Palladini assumes interim oversight of product team.
- Deferred comp plan terminated Sept 30; all participants to receive lump-sum payout ~12-24 months later.
- 16 active participants; largest balance $3.26M for former NEO Brian Lynch.
- Termination driven by low participation, administrative complexity, and move to Safe Harbor 401(k).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1060822/000106082225000149/0001060822-25-000149-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1060822/000106082225000149/cri-20250814.htm
  HTML page:      https://secwatch.observer/filing/0001060822-25-000149

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer