---
schema_version: "secwatch.filing_event.v1"
accession: "0001760965-24-000026"
form_type: "8-K"
ticker: "KTB"
cik: "0001760965"
company_name: "Kontoor Brands, Inc."
filed_at: "2024-04-05T23:59:59+00:00"
generated_at: "2026-06-04T01:52:16.082221+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Kontoor Brands enters separation agreement with departing EVP/Co-COO Christopher Waldeck

## Summary
- Christopher Waldeck stepped down as EVP, Co-COO, Global Brand President, Lee on March 19, 2024; will remain as non-executive through July 12, 2024.
- Severance of $1,125,000 (18 months base salary) plus pro-rata AIP award for 2024, payable in biweekly installments over 18 months.
- Waldeck will forfeit FY2024 equity grant; existing PSUs and RSUs vest per plan terms; continues financial counseling and exec health program through severance period.
- Agreement includes release of claims, 18-month non-compete, non-solicitation of customers and employees, and confidentiality obligations.

## SEC filing metadata
- accession: 0001760965-24-000026
- form_type: 8-K
- ticker: KTB
- cik: 0001760965
- company_name: Kontoor Brands, Inc.
- filed_at: 2024-04-05T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1760965/000176096524000026/0001760965-24-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1760965/000176096524000026/ktb-20240402.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001760965-24-000026
- JSON: https://secwatch.observer/filing/0001760965-24-000026.json
- Plain text: https://secwatch.observer/filing/0001760965-24-000026.txt

## Key facts
- Executive change
  Christopher M. Waldeck departed as Executive Vice President, Co-Chief Operating Officer, Global Brand President, Lee at Kontoor Brands, Inc..
  - Action: stepped down
  - Role: Executive Vice President, Co-Chief Operating Officer, Global Brand President, Lee
  source text: On March 19, 2024, as previously disclosed, Christopher M. Waldeck stepped down from his role as Executive Vice President, Co-Chief Operating Officer, Global Brand President, Lee of Kontoor Brands, Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1760965/000176096524000026/0001760965-24-000026-index.htm

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