Weyco Group (WEYS) appoints Clarios VP Kryger as new board member

Rhea-AI Filing Summary

Weyco Group (Nasdaq: WEYS) filed an 8-K on 31 Jul 2025 to announce the appointment of Ms. Becky Kryger as an independent director. The Board increased its size from 6 to 7 and placed Ms. Kryger on the Audit, Compensation, and Nominating & Corporate Governance Committees, affirming that she meets Nasdaq independence standards.

Ms. Kryger is Vice President & Global Controller at Clarios and previously held senior international finance roles at Johnson Controls (1998-2019). Her background adds global manufacturing and audit expertise that aligns with Weyco’s footwear operations.

Compensation mirrors other non-employee directors: a quarterly cash retainer plus restricted stock under the 2024 Incentive Plan. The filing states there are no related-party transactions, special arrangements, or family relationships associated with her appointment. No financial metrics, earnings data, or strategic transactions were disclosed; the item solely updates corporate governance.

Positive

• Adds independent director with extensive global finance experience
• Board size expansion enhances committee capacity and oversight
• Placement on Audit, Compensation, and Governance committees strengthens internal controls

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: New independent director with deep finance pedigree strengthens audit oversight; governance positive but unlikely to move WEYS shares near-term.

Adding Becky Kryger brings 25+ years of controllership and global finance experience. Her placement on three key committees immediately bolsters financial oversight and aligns with best-practice board refresh cycles. Independence confirmation mitigates conflict risk, and the move improves gender diversity. However, compensation is standard and incremental costs are immaterial. As no strategy or capital allocation changes accompany the appointment, investor impact is governance-centric and modest. I classify the news as neutral from a valuation standpoint yet incrementally positive for long-term risk management.

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.

Understanding 8-K Material Events →

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

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FORM 8-K

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CURRENT REPORT

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Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

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Date of Report (date of earliest event reported):  July 31, 2025

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WEYCO GROUP, INC.

(Exact name of registrant as specified in its charter)

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Wisconsin		0-9068		39-0702200
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

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333 W. Estabrook Blvd. Glendale, WI		53212
(Address of principal executive offices)		(Zip Code)

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Registrant’s telephone number, including area code: (414) 908-1600

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(Former name or former address, if changed since last report.)

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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:

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☐	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 240.13a-4(c))

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

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Title of each class	Trading Symbol	Name of each exchange on which registered
Common Stock - $1.00 par value per share	WEYS	The Nasdaq Stock Market

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

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Emerging growth company ☐

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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. ☐

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

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Election of Director

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Effective July 31, 2025, the Board of Directors (“Board”) of Weyco Group, Inc. (the “Company”) appointed Ms. Becky Kryger to serve as an independent director on the Board, for a term expiring at the Company’s 2026 Annual Meeting of Shareholders. Ms. Kryger was also appointed to serve on the Board’s Audit Committee, Compensation Committee, and Nominating and Corporate Governance Committee. The Board affirmatively determined that Ms. Kryger is independent under Nasdaq listing standards. In connection with the appointment of Ms. Kryger, the Board increased the number of Company directors from 6 to 7 pursuant to the Company’s bylaws.  

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Since 2019, Ms. Kryger has served as Vice President and Global Controller of Clarios, a global leader in advanced, low-voltage battery technologies for mobility, headquartered in Glendale, Wisconsin.  Prior to that, she served in various roles at Johnson Controls from 2002-2019, including Executive Director of Global Business Finance from 2017-2019, Finance Director of EMEA (based in Germany) from 2015-2017, and Finance Director of North America from 2013-2015. Prior to joining Johnson Controls, Ms. Kryger worked at Arthur Andersen from 1998-2002.  

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Ms. Kryger will receive compensation for her Board service consistent with the compensation received by the Company’s other non-employee directors, which is summarized in the “Director Compensation” section of the Company’s 2025 Proxy Statement, filed with the Securities and Exchange Commission on April 4, 2025.  Pursuant to this arrangement, Ms. Kryger will receive a quarterly cash retainer and restricted stock awards under the Company’s 2024 Incentive Plan.

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There is no arrangement or understanding under which Ms. Kryger was appointed as a director. There are no related party transactions involving Ms. Kryger that are reportable under Item 404(a) of Regulation S-K, and Ms. Kryger does not have any familial relationship with any director or executive officer of the Company.

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Signature

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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.

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Date: July 31, 2025	WEYCO GROUP, INC.
	/s/ Judy Anderson
	Judy Anderson
	Vice President, Chief Financial Officer and Secretary

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FAQ

Who was appointed to Weyco Group's (WEYS) board of directors?

Ms. Becky Kryger, currently Vice President & Global Controller at Clarios.

What committees will Becky Kryger serve on at WEYS?

She joins the Audit, Compensation, and Nominating & Corporate Governance Committees.

How does the board size change for Weyco Group after the appointment?

The board expands from 6 to 7 directors pursuant to the bylaws.

Is Becky Kryger considered independent under Nasdaq rules?

Yes, the board affirmatively determined her independence.

Are there related-party transactions involving the new WEYS director?

No. The 8-K states no related-party transactions under Item 404(a) exist.