Kontoor Brands (KTB)
NYSEConsumer DiscretionaryApparel - ManufacturersSnapshot 2026-09-04
NYSEConsumer DiscretionaryApparel - ManufacturersSnapshot 2026-09-04
QuarterlyIQ Insights · KTB
Material updates from SEC filings (8-K, 10-Q, 10-K) ranked by impact, with no firehose noise.
President — Joseph A. Alkire: The CFO was promoted to President while retaining his CFO title, indicating an internal succession plan rather than a departure.
Director — Thomas E. Waldron: The Board of Directors appointed Thomas E. Waldron as a new director.
Other Events. On July 24, 2026, Kontoor Brands, Inc. issued a press release announcing that its Board of Directors declared a regular quarterly cash dividend of $0.53 per share of its common stock, payable on September 18, 2026, to shareholders of record at the close of business on September 8, 2026. The press release is attached hereto as Exhibit 99.2 and incorporated herein by reference.
Vice President and Chief Accounting Officer — Mr. Taylor: Mr. Taylor was promoted to Vice President and Chief Accounting Officer with updated compensation.
Vice President and Chief Accounting Officer — S. Denise Sumner: S. Denise Sumner is retiring as Vice President and Chief Accounting Officer, with Andrew Taylor appointed to succeed her.
Other Events. On May 6, 2026, the Board of Directors of Kontoor Brands, Inc. authorized a new share repurchase program of up to $750 million of the Company’s common stock. The new repurchase authorization replaces the existing share repurchase program announced on December 11, 2023. The timing and amount of repurchases will be determined by the Company based on its evaluation of market conditions, continued compliance with its debt covenants and other factors. The program does not have an exp…
Other Events. On April 24, 2026, Kontoor Brands, Inc. issued a press release announcing that its Board of Directors declared a regular quarterly cash dividend of $0.53 per share of its common stock, payable on June 18, 2026, to shareholders of record at the close of business on June 8, 2026. The press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
Other Events. On February 13, 2026, Kontoor Brands, Inc. issued a press release announcing that its Board of Directors declared a regular quarterly cash dividend of $0.53 per share of its common stock, payable on March 20, 2026, to shareholders of record at the close of business on March 10, 2026. The press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
The filing describes a new severance plan for executives, not a management change.
Other Events. On October 24, 2025, Kontoor Brands, Inc. issued a press release announcing that its Board of Directors declared a regular quarterly cash dividend of $0.53 per share of its common stock, payable on December 18, 2025, to shareholders of record at the close of business on December 8, 2025. The press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
CFO — Joseph A. Alkire: The filing discloses the appointment of two senior executives to new C-suite roles (CFO and Chief Commercial Officer) along with their compensation adjustments, which constitutes an internal promotion rather than a departure.
COO — Thomas E. Waldron: The Executive Vice President and Chief Operating Officer is stepping down from his senior executive role, representing the loss of a key C-suite officer.
COO — Thomas E. Waldron: The COO is stepping down with a named successor and a transition period, while other executives are promoted, indicating an orderly succession rather than a sudden loss.
Other Events. On July 25, 2025, Kontoor Brands, Inc. issued a press release announcing that its Board of Directors declared a regular quarterly cash dividend of $0.52 per share of its common stock, payable on September 19, 2025, to shareholders of record at the close of business on September 9, 2025. The press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
Director — Andrew E. Page: A director resigned voluntarily due to a conflict of interest arising from an acquisition, which is a standard governance adjustment rather than a negative executive departure.
Other Events. On April 18, 2025, Kontoor Brands, Inc. issued a press release announcing that its Board of Directors declared a regular quarterly cash dividend of $0.52 per share of its common stock, payable on June 20, 2025, to shareholders of record at the close of business on June 10, 2025. The press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth in
Entry into a Material Definitive Agreement. Second Amended and Restated Credit Agreement On April 8, 2025 (the “Closing Date”), Kontoor Brands, Inc. (the “Company”), and its wholly owned Swiss-organized subsidiary, Kontoor International Sarl (“Kontoor International”) entered into a Second Amended and Restated Credit Agreement (the “Second Amended and Restated Credit Agreement”) with the several banks and other financial institutions or entities party thereto and JPMorgan Chase Bank, N.A., as…
Other Events. On February 14, 2025, Kontoor Brands, Inc. issued a press release announcing that its Board of Directors declared a regular quarterly cash dividend of $0.52 per share of its common stock, payable on March 20, 2025, to shareholders of record at the close of business on March 10, 2025. The press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
Other Events. On October 25, 2024, Kontoor Brands, Inc. issued a press release announcing that its Board of Directors declared a regular quarterly cash dividend of $0.52 per share of its common stock, payable on December 19, 2024, to shareholders of record at the close of business on December 9, 2024. The press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
Other Events. On July 26, 2024, Kontoor Brands, Inc. issued a press release announcing that its Board of Directors declared a regular quarterly cash dividend of $0.50 per share of its common stock, payable on September 20, 2024, to shareholders of record at the close of business on September 10, 2024. The press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
Other Events. On April 19, 2024, Kontoor Brands, Inc. issued a press release announcing that its Board of Directors declared a regular quarterly cash dividend of $0.50 per share of its common stock, payable on June 20, 2024, to shareholders of record at the close of business on June 10, 2024. The press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
Executive Vice President, Co-Chief Operating Officer — Christopher M. Waldeck: The departure of a Co-Chief Operating Officer and Global Brand President is a significant loss of senior management, even with an orderly transition period.
COO — Thomas E. Waldron: Thomas E. Waldron was promoted to Chief Operating Officer from an internal role, while Christopher M. Waldeck transitioned to a non-executive capacity, representing an orderly internal succession rather than a loss of a senior executive.
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