Kontoor Brands updates president and CFO roles

Q: What executive leadership changes did Kontoor Brands (KTB) announce on August 12, 2026?

Kontoor Brands announced that Joseph A. Alkire will become President and Chief Financial Officer. Scott H. Baxter will continue as Chief Executive Officer and Chairman of the Board, maintaining overall leadership of the company.

Q: What is the new base salary for Kontoor Brands (KTB) President and CFO Joseph A. Alkire?

Mr. Alkire’s new role includes an annual base salary of $900,000. This change is effective as of August 12, 2026, as approved by the Talent and Compensation Committee of the Board.

Q: What bonus opportunity will Joseph A. Alkire receive at Kontoor Brands (KTB)?

In his new role, Mr. Alkire has an annual bonus target equal to 120% of his base salary under Kontoor Brands’ annual incentive plan, effective August 12, 2026, subject to plan terms and performance.

Q: What long-term incentive award was approved for Joseph A. Alkire at Kontoor Brands (KTB)?

The Board’s Talent and Compensation Committee approved a long-term incentive plan award opportunity of $2,600,000 for Mr. Alkire, effective August 12, 2026, as part of his compensation as President and Chief Financial Officer.

Q: Will Scott H. Baxter’s roles change at Kontoor Brands (KTB)?

Scott H. Baxter will continue as Chief Executive Officer and Chairman of the Board of Kontoor Brands. The change primarily affects Joseph A. Alkire’s role and compensation structure, not Mr. Baxter’s titles.

Kontoor Brands, Inc. reported leadership role changes effective August 12, 2026.

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Form Type

8-K

Rhea-AI Filing Summary

Kontoor Brands, Inc. reported leadership role changes effective August 12, 2026. Joseph A. Alkire, currently Executive Vice President, Chief Financial Officer and Global Head of Operations, will become the company’s President and Chief Financial Officer. Scott H. Baxter will continue serving as Chief Executive Officer and Chairman of the Board.

In connection with Mr. Alkire’s new role, the Talent and Compensation Committee approved revised compensation terms effective August 12, 2026, including an annual base salary of $900,000, an annual bonus target equal to 120% of base salary under the annual incentive plan, and a long-term incentive plan award opportunity of $2,600,000.

8-K Event Classification

2 items: 5.02, 9.01

2 items

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.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Annual base salary: $900,000 Annual bonus target: 120% of base salary Long-term incentive opportunity: $2,600,000 +1 more

4 metrics

Annual base salary $900,000 Base salary for Joseph A. Alkire as President and Chief Financial Officer effective August 12, 2026

Annual bonus target 120% of base salary Target under Kontoor Brands’ annual incentive plan for Joseph A. Alkire

Long-term incentive opportunity $2,600,000 Award opportunity under the long-term incentive plan for Joseph A. Alkire

Effective date August 12, 2026 Effective date of role change and compensation adjustments for Joseph A. Alkire

Key Terms

annual incentive plan, long-term incentive plan, Inline XBRL

3 terms

annual incentive plan financial

"an annual bonus target under the Company’s annual incentive plan equal to 120% of his base salary"

long-term incentive plan financial

"an award opportunity under the Company’s long-term incentive plan equal to $2,600,000"

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.

Inline XBRL technical

"its XBRL tags are embedded within the Inline XBRL document"

Inline XBRL is a file format for financial filings that embeds machine-readable data tags directly inside the human-readable report, so the same document can be read by people and parsed by software. For investors it makes extracting, comparing and verifying financial numbers faster and more reliable—like a grocery list where each item also has a barcode—reducing manual errors and speeding up analysis.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What executive leadership changes did Kontoor Brands (KTB) announce on August 12, 2026?

Kontoor Brands announced that Joseph A. Alkire will become President and Chief Financial Officer. Scott H. Baxter will continue as Chief Executive Officer and Chairman of the Board, maintaining overall leadership of the company.

What is the new base salary for Kontoor Brands (KTB) President and CFO Joseph A. Alkire?

Mr. Alkire’s new role includes an annual base salary of $900,000. This change is effective as of August 12, 2026, as approved by the Talent and Compensation Committee of the Board.

What bonus opportunity will Joseph A. Alkire receive at Kontoor Brands (KTB)?

In his new role, Mr. Alkire has an annual bonus target equal to 120% of his base salary under Kontoor Brands’ annual incentive plan, effective August 12, 2026, subject to plan terms and performance.

What long-term incentive award was approved for Joseph A. Alkire at Kontoor Brands (KTB)?

The Board’s Talent and Compensation Committee approved a long-term incentive plan award opportunity of $2,600,000 for Mr. Alkire, effective August 12, 2026, as part of his compensation as President and Chief Financial Officer.

Will Scott H. Baxter’s roles change at Kontoor Brands (KTB)?

Scott H. Baxter will continue as Chief Executive Officer and Chairman of the Board of Kontoor Brands. The change primarily affects Joseph A. Alkire’s role and compensation structure, not Mr. Baxter’s titles.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/12/2026 - 04:36 PM Accepted by SEC EDGAR 08/12/2026 - 04:35 PM

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT PURSUANT

TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): August 12, 2026

KONTOOR BRANDS, INC.

(Exact name of registrant as specified in charter)

North Carolina

001-38854

83-2680248

(State or other jurisdiction
of incorporation)

(Commission file number)

(I.R.S. employer
identification number)

400 N. Elm Street

Greensboro, North Carolina 27401

(Address of principal executive offices)

(336) 332-3400

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class

Trading Symbol(s)

Name of Each Exchange on which Registered

Common Stock, no par value

KTB

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On August 12, 2026, Kontoor Brands, Inc. (the “Company”) announced that Joseph A. Alkire, currently the Company’s Executive Vice President, Chief Financial Officer and Global Head of Operations, will become the Company’s President and Chief Financial Officer and Scott H. Baxter, currently the Company’s Chief Executive Officer, President and Chairman of the Company’s Board of Directors, will continue as the Company’s Chief Executive Officer and Chairman of the Company’s Board of Directors.

In connection with Mr. Alkire’s appointment as President and Chief Financial Officer of the Company, the Talent and Compensation Committee of the Company’s Board of Directors approved the following changes to Mr. Alkire’s compensation, all to be effective as of August 12, 2026: (i) an annual base salary of $900,000, (ii) an annual bonus target under the Company’s annual incentive plan equal to 120% of his base salary, and (iii) an award opportunity under the Company’s long-term incentive plan equal to $2,600,000.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.

Description

104

Cover Page Interactive Data File - The cover page interactive data file does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

KONTOOR BRANDS, INC.

Date: August 12, 2026

By:

/s/ Thomas L. Doerr, Jr.

Name:

Thomas L. Doerr, Jr.

Title:

Executive Vice President, Chief Legal Officer & Secretary

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

4 documents