secwatch.observer — SEC 8-K summary
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Issuer:     V F CORP (VFC)
CIK:        0000103379
Form:       8-K
Filed at:   2023-06-20T23:59:59+00:00
Accession:  0001193125-23-169577
Event type: leadership
Sentiment:  positive
Materiality: 0.85
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

VF Corp names ex-Logitech CEO Bracken Darrell as President and CEO
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- Bracken Darrell appointed President & CEO effective July 17, 2023, replacing interim CEO Benno Dorer.
- Darrell previously served as Logitech President & CEO (2013–2023) where revenue more than doubled and market cap rose 10x.
- Richard Carucci, Board member since 2009, named independent Chair of the Board.
- Darrell receives $1.3M base salary, 175% target bonus, $9M LTI for FY2024, and $3M make-whole equity awards.
- Interim CEO Benno Dorer receives $300K completion bonus and accelerated vesting of RSUs; remains on Board.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/103379/000119312523169577/0001193125-23-169577-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/103379/000119312523169577/d487860d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-169577

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