Kontoor Brands sets new CAO compensation terms
Kontoor Brands, Inc. appointed Andrew Taylor as Vice President and Chief Accounting Officer and later set his compensation terms.
Rhea-AI Filing Summary
Kontoor Brands, Inc. appointed Andrew Taylor as Vice President and Chief Accounting Officer and later set his compensation terms. The Talent and Compensation Committee approved on July 22, 2026, effective August 28, 2026, an annual base salary of $280,000, an annual bonus target of 40% of base salary under the annual incentive plan, and a $225,000 long-term incentive award opportunity. These details supplement earlier disclosure about the leadership transition, while prior information about the retirement of S. Denise Sumner and Mr. Taylor’s appointment remains unchanged.
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8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Figures
Annual base salary: $280,000
Annual bonus target: 40% of base salary
Long-term incentive award opportunity: $225,000
+2 more
5 metrics
Annual base salary
$280,000
Base salary for Andrew Taylor as Vice President and Chief Accounting Officer effective August 28, 2026
Annual bonus target
40% of base salary
Target bonus opportunity under the annual incentive plan for Andrew Taylor
Long-term incentive award opportunity
$225,000
Award opportunity under the long-term incentive plan for Andrew Taylor effective August 28, 2026
Compensation approval date
July 22, 2026
Date the Talent and Compensation Committee approved Andrew Taylor’s compensation changes
Effective date of new terms
August 28, 2026
Effective date for Andrew Taylor’s new salary, bonus target, and long-term incentive
Key Terms
annual incentive plan, long-term incentive plan, Talent and Compensation Committee
3 terms
annual incentive plan financial
"an annual bonus target under the Company’s annual incentive plan equal to 40% of his base salary"
long-term incentive plan financial
"an award opportunity under the Company’s long-term incentive plan equal to $225,000"
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
Talent and Compensation Committee financial
"the Talent and Compensation Committee of the Company’s Board of Directors approved on July 22, 2026"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Why did Kontoor Brands (KTB) file an amended disclosure about Andrew Taylor?
Kontoor Brands filed an amendment to provide previously undetermined compensation details for Andrew Taylor as Vice President and Chief Accounting Officer. Earlier disclosure covered his appointment and the prior CAO’s retirement but not his finalized pay terms.
What is Andrew Taylor’s base salary at Kontoor Brands (KTB)?
Andrew Taylor’s annual base salary is $280,000 as Vice President and Chief Accounting Officer. This level was approved by the Talent and Compensation Committee and becomes effective on August 28, 2026 alongside his broader compensation package.
What bonus opportunity will Andrew Taylor receive at Kontoor Brands (KTB)?
Andrew Taylor has an annual bonus target of 40% of base salary under Kontoor Brands’ annual incentive plan. The bonus is tied to this percentage and becomes effective from August 28, 2026, aligning with his new role as Chief Accounting Officer.
What long-term incentive will Andrew Taylor receive at Kontoor Brands (KTB)?
Andrew Taylor is granted an award opportunity of $225,000 under Kontoor Brands’ long-term incentive plan. This long-term compensation component also takes effect on August 28, 2026, complementing his salary and annual bonus target in the new role.
When do Andrew Taylor’s new compensation terms at Kontoor Brands (KTB) become effective?
All revised compensation terms for Andrew Taylor become effective on August 28, 2026. This effective date aligns with his service as Vice President and Chief Accounting Officer and covers salary, bonus target, and long-term incentive opportunity.
Does the amendment change any other details about leadership at Kontoor Brands (KTB)?
The amendment only adds compensation details for Andrew Taylor. It does not alter earlier information about the retirement of S. Denise Sumner as Chief Accounting Officer or Taylor’s appointment, which remain as previously disclosed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
