secwatch.observer — SEC 8-K summary
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Issuer:     Kontoor Brands, Inc. (KTB)
CIK:        0001760965
Form:       8-K
Filed at:   2024-03-19T23:59:59+00:00
Accession:  0001760965-24-000023
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kontoor Brands appoints Tom Waldron COO; Waldeck steps down
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1760965/000176096524000023/0001760965-24-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1760965/000176096524000023/ktb-20240319.htm
  HTML page:      https://secwatch.observer/filing/0001760965-24-000023

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