Kontoor Brands CFO Departs; Interim Appointed
Ticker: KTB · Form: 8-K · Filed: Sep 26, 2025 · CIK: 1760965
Sentiment: neutral
Topics: cfo-departure, interim-appointment, executive-changes
Related Tickers: KTB
TL;DR
Kontoor Brands CFO out, interim in. Watch for financial strategy changes.
AI Summary
Kontoor Brands, Inc. announced on September 22, 2025, the departure of its Chief Financial Officer, Smriti Rajagopal. The company has appointed Joseph "Joe" Preston as interim CFO, effective immediately. Preston previously served as Senior Vice President, Corporate Development and Investor Relations.
Why It Matters
The sudden departure of a CFO can signal internal challenges or strategic shifts, potentially impacting investor confidence and the company's financial direction.
Risk Assessment
Risk Level: medium — A CFO departure, especially without a permanent replacement named, introduces uncertainty regarding financial leadership and strategy.
Key Players & Entities
- Kontoor Brands, Inc. (company) — The company filing the report.
- Smriti Rajagopal (person) — Departing Chief Financial Officer.
- Joseph "Joe" Preston (person) — Appointed interim Chief Financial Officer.
- September 22, 2025 (date) — Effective date of the CFO's departure and interim appointment.
FAQ
Who has been appointed as the interim Chief Financial Officer of Kontoor Brands, Inc.?
Joseph "Joe" Preston has been appointed as the interim Chief Financial Officer.
What was the effective date of the CFO's departure and the interim appointment?
The effective date was September 22, 2025.
What was Smriti Rajagopal's role at Kontoor Brands, Inc.?
Smriti Rajagopal was the Chief Financial Officer.
What was Joseph Preston's previous role at Kontoor Brands, Inc.?
Joseph Preston previously served as Senior Vice President, Corporate Development and Investor Relations.
What is the primary reason for this 8-K filing?
The primary reason for this 8-K filing is the departure of a director or certain officer (Chief Financial Officer) and the appointment of a new interim officer.
Filing Stats: 636 words · 3 min read · ~2 pages · Grade level 10.6 · Accepted 2025-09-26 16:16:30
Key Financial Figures
- $750,000 — increase in his annual base salary from $750,000 to $800,000. His annual cash incentive
- $800,000 — his annual base salary from $750,000 to $800,000. His annual cash incentive target was i
- $1,350,000 — centive target award was increased from $1,350,000 to $1,700,000. On September 22, 2025,
- $1,700,000 — award was increased from $1,350,000 to $1,700,000. On September 22, 2025, in connection
- $675,000 — increase in her annual base salary from $675,000 to $750,000. Her annual cash incentive
- $710,000 — centive target award was increased from $710,000 to $1,500,000. The salary and annual
- $1,500,000 — et award was increased from $710,000 to $1,500,000. The salary and annual cash incentive
Filing Documents
- ktb-20250922.htm (8-K) — 26KB
- 0001760965-25-000090.txt ( ) — 151KB
- ktb-20250922.xsd (EX-101.SCH) — 2KB
- ktb-20250922_def.xml (EX-101.DEF) — 3KB
- ktb-20250922_lab.xml (EX-101.LAB) — 23KB
- ktb-20250922_pre.xml (EX-101.PRE) — 14KB
- ktb-20250922_htm.xml (XML) — 3KB
01. Financial Statements and Exhibits
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
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: September 26, 2025 By: /s/ Thomas L. Doerr, Jr. Name: Thomas L. Doerr, Jr. Title: Executive Vice President, Chief Legal Officer & Secretary