leadership
confidence high
sentiment neutral
materiality 0.60
Kontoor Brands appoints Tom Waldron COO; Waldeck steps down
Kontoor Brands, Inc.
- Tom Waldron named EVP and COO effective March 19, 2024; Christopher Waldeck steps down from co-COO role.
- Waldron's base salary raised to $875K from $750K; cash incentive target increased to 100% of salary, LTI to $2.75M.
- Jenni Broyles appointed EVP Global Brands President for Wrangler & Lee; Ezio Garciamendez appointed EVP Chief Supply Chain Officer.
- Waldeck stays on as non-executive through July 12, 2024, to ensure orderly transition.