---
schema_version: "secwatch.filing_event.v1"
accession: "0001760965-23-000030"
form_type: "8-K"
ticker: "KTB"
cik: "0001760965"
company_name: "Kontoor Brands, Inc."
filed_at: "2023-08-21T23:59:59+00:00"
generated_at: "2026-06-11T06:21:31.683580+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Kontoor Brands announces retirement of CFO Rustin Welton, appoints Joe Alkire as successor

## Summary
- Rustin Welton retiring as EVP & CFO effective Aug 31, 2023; advisory role through year-end.
- Joe Alkire appointed EVP & CFO effective Aug 31, 2023; previously COO/CFO at BrüMate, VP at VF Corp.
- Alkire base salary $700k, target STI 75% of base, target LTI $1.275M; sign-on equity ~$1.6M + $200k cash.
- Alkire holds MBA from Chicago Booth, BS from Indiana Kelley; no family ties to executives.

## SEC filing metadata
- accession: 0001760965-23-000030
- form_type: 8-K
- ticker: KTB
- cik: 0001760965
- company_name: Kontoor Brands, Inc.
- filed_at: 2023-08-21T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1760965/000176096523000030/0001760965-23-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1760965/000176096523000030/ktb-20230821.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001760965-23-000030
- JSON: https://secwatch.observer/filing/0001760965-23-000030.json
- Plain text: https://secwatch.observer/filing/0001760965-23-000030.txt

## Key facts
- Executive change
  Rustin Welton departed as Executive Vice President and Chief Financial Officer at Kontoor Brands, Inc..
  - Action: retiring
  - Role: Executive Vice President and Chief Financial Officer
  source text: Mr. Alkire will succeed Rustin Welton, who will be transitioning out of his current role of Executive Vice President and Chief Financial Officer effective August 31, 2023, and will serve in an advisory role for a transition period.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1760965/000176096523000030/0001760965-23-000030-index.htm
- Executive change
  Joseph A. Alkire was appointed as Executive Vice President and Chief Financial Officer at Kontoor Brands, Inc..
  - Action: appointed
  - Role: Executive Vice President and Chief Financial Officer
  source text: On August 21, 2023, the Board of Directors of Kontoor Brands, Inc. (the “Company”) announced Joseph A. Alkire as Executive Vice President and Chief Financial Officer effective August 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1760965/000176096523000030/0001760965-23-000030-index.htm

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