---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-298025"
form_type: "8-K"
ticker: "VFC"
cik: "0000103379"
company_name: "V F CORP"
filed_at: "2022-12-05T23:59:59+00:00"
generated_at: "2026-06-21T09:23:24.855350+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# VF Corp CEO Steve Rendle retires; Benno Dorer appointed interim CEO; FY23 guidance cut

## Summary
- Steve Rendle retired as Chairman, President and CEO by mutual agreement; interim CEO Benno Dorer appointed.
- Richard Carucci named Interim Chairman; search for permanent CEO launched, internal and external candidates.
- FY23 revenue growth outlook lowered to 3%-4% constant-currency (prior 5%-6%); adj. EPS now $2.00-$2.20 (prior $2.40-$2.50).
- Guidance cut reflects weaker North American demand, elevated promotions, order cancellations, inflation in Europe, COVID disruption in China.
- Dorer’s interim CEO compensation: $1.3M base salary + $2M time-vesting RSU; Rendle gets base salary through Dec 2 and one-year non-compete payments.

## SEC filing metadata
- accession: 0001193125-22-298025
- form_type: 8-K
- ticker: VFC
- cik: 0000103379
- company_name: V F CORP
- filed_at: 2022-12-05T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/103379/000119312522298025/0001193125-22-298025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/103379/000119312522298025/d428721d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-298025
- JSON: https://secwatch.observer/filing/0001193125-22-298025.json
- Plain text: https://secwatch.observer/filing/0001193125-22-298025.txt

## Key facts
- Executive change
  Richard Carucci was appointed as Interim Chairman of the Board at V F CORP.
  - Action: appointed
  - Role: Interim Chairman of the Board
  source text: Richard Carucci, a member of the Board since 2009, was appointed as Interim Chairman of the Board on the same date, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/103379/000119312522298025/0001193125-22-298025-index.htm
- Executive change
  Benno Dorer was appointed as Interim President and Chief Executive Officer at V F CORP.
  - Action: appointed
  - Role: Interim President and Chief Executive Officer
  source text: On December 2, 2022, the Board of Directors (the “Board”) of V. F. Corporation (the “Company”) appointed Benno Dorer, a member of the Board, as Interim President and Chief Executive Officer of the Company, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/103379/000119312522298025/0001193125-22-298025-index.htm
- Executive change
  Steven E. Rendle retired as President and Chief Executive Officer and Chairman of the Board at V F CORP.
  - Action: retired
  - Role: President and Chief Executive Officer and Chairman of the Board
  source text: Steven E. Rendle, who, by mutual agreement with the Board, retired as President and Chief Executive Officer of the Company and Chairman of the Board on the same date, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/103379/000119312522298025/0001193125-22-298025-index.htm

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