
Management ChangeAug 12, 2026, 04:44 PM
Kontoor Brands Appoints Joseph Alkire President & CFO
AI Summary
Kontoor Brands, Inc. announced that Joseph A. Alkire, previously EVP, CFO, and Global Head of Operations, has been appointed President and Chief Financial Officer, effective August 12, 2026. Scott H. Baxter will continue in his roles as Chief Executive Officer and Chairman of the Board. In connection with his new role, Mr. Alkire's compensation package was updated to include an annual base salary of $900,000, an annual bonus target of 120% of his base salary, and a long-term incentive award opportunity of $2,600,000.
Key Highlights
- Joseph A. Alkire promoted to President and Chief Financial Officer, effective August 12, 2026.
- Scott H. Baxter continues as Chief Executive Officer and Chairman of the Board.
- Alkire's new annual base salary set at $900,000.
- Alkire's annual bonus target is 120% of his base salary.
- Alkire's long-term incentive award opportunity is $2,600,000.
Price Impact
More from KTB