Management ChangeJul 24, 2026, 06:56 AM
Kontoor Brands Appoints Tom Waldron to Board; Declares $0.53 Dividend
AI Summary
Kontoor Brands, Inc. has appointed Thomas E. Waldron to its Board of Directors, increasing the board size from six to seven members. Mr. Waldron previously served as Executive Vice President and Chief Operating Officer of Kontoor, bringing extensive experience with the Wrangler and Lee brands. Additionally, the company declared a regular quarterly cash dividend of $0.53 per share, payable on September 18, 2026, to shareholders of record on September 8, 2026.
Key Highlights
- Board of Directors increased from six to seven members.
- Thomas E. Waldron appointed as a new director, effective immediately.
- Mr. Waldron's term expires at the 2027 annual meeting of shareholders.
- Quarterly cash dividend of $0.53 per share declared.
- Dividend payable on September 18, 2026.
- Record date for dividend is September 8, 2026.
- Mr. Waldron previously served as EVP and COO of Kontoor.
Price Impact
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