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Get filing alertsKontoor Brands promotes CFO Joseph Alkire to President while retaining CFO role
Filed August 12, 2026 · Period ending August 12, 2026 · ~1 min read
Key Changes
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medium
Joseph Alkire appointed President and CFO, expanding from Executive VP/CFO/Global Head of Operations; CEO Scott Baxter continues as Chairman.
Item 5.02 verify on EDGAR → -
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Base salary increased to $900K annually, effective August 12, 2026.
Item 5.02 verify on EDGAR → -
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Annual bonus target raised to 120% of base salary.
Item 5.02 verify on EDGAR → -
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Long-term incentive award opportunity set at $2.6M, reflecting expanded responsibilities.
Item 5.02 verify on EDGAR →
Summary
Kontoor Brands promoted CFO Joseph Alkire to President while retaining his CFO responsibilities, effective August 12, 2026. Alkire previously served as Executive Vice President, CFO, and Global Head of Operations. CEO Scott Baxter continues in his role and remains Chairman of the board.
The promotion came with a compensation package reflecting Alkire's expanded duties: base salary increased to $900,000 annually, annual bonus target raised to 120% of base ($1.08M), and a long-term incentive award opportunity of $2.6M. The dual President/CFO structure consolidates operational and financial leadership under Alkire while Baxter retains overall strategic direction. For retail holders, this is a routine executive promotion with no immediate operational or strategic implications beyond the leadership structure adjustment.
Section-by-Section Diff
Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation
CFO Joseph Alkire appointed President while retaining CFO role; compensation increased to $900K base, 120% bonus target, $2.6M LTI.
Show 1 minor / wording change
Added in current filing · verify on EDGAR →
an annual base salary of $900,000
In connection with his promotion to President and CFO, Alkire's annual base salary was set at $900,000, effective August 12, 2026.
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Figures/quotes linked to EDGAR · Narrative written by AI · Aug 13, 2026 · How we verify