Kontoor Brands Management

Management criteria checks 0/4

Kontoor Brands' CEO is Scott Baxter, appointed in Aug 2018, has a tenure of 4.25 years. total yearly compensation is $9.98M, comprised of 10.8% salary and 89.2% bonuses, including company stock and options. directly owns 0.6% of the company’s shares, worth €12.72M. The average tenure of the management team and the board of directors is 0.7 years and 1.6 years respectively.

Key information

Scott Baxter

Chief executive officer

US$10.0m

Total compensation

CEO salary percentage	10.8%
CEO tenure	4.3yrs
CEO ownership	0.6%
Management average tenure	less than a year
Board average tenure	1.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Scott Baxter's remuneration changed compared to Kontoor Brands's earnings?
Date	Total Compensation	Salary	Company Earnings
Oct 01 2022	n/a	n/a	US$238m
Jul 02 2022	n/a	n/a	US$250m
Apr 02 2022	n/a	n/a	US$212m
Jan 01 2022	US$10m	US$1m	US$195m
Oct 02 2021	n/a	n/a	US$195m
Jul 03 2021	n/a	n/a	US$192m
Apr 03 2021	n/a	n/a	US$135m
Jan 02 2021	US$6m	US$917k	US$68m
Sep 26 2020	n/a	n/a	US$54m
Jun 27 2020	n/a	n/a	US$7m
Mar 28 2020	n/a	n/a	US$79m
Dec 28 2019	US$5m	US$825k	US$97m
Sep 28 2019	n/a	n/a	US$120m
Jun 29 2019	n/a	n/a	US$176m
Mar 30 2019	n/a	n/a	US$199m
Dec 29 2018	US$4m	US$743k	US$263m

Compensation vs Market: Scott's total compensation ($USD9.98M) is above average for companies of similar size in the German market ($USD1.62M).

Compensation vs Earnings: Scott's compensation has increased by more than 20% in the past year.

CEO

Scott Baxter (57 yo)

4.3yrs

Tenure

US$9,979,870

Compensation

Mr. Scott H. Baxter is Independent Director of Lowe's Companies, Inc. from August 4, 2022. He serves as Independent Director at Topgolf Callaway Brands Corp. (formerly known as Callaway Golf Company) since...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Scott Baxter	President	4.3yrs	US$9.98m	0.60% $ 12.7m
Rustin Welton	Executive VP & CFO	3.8yrs	US$2.89m	0.15% $ 3.2m
Thomas Waldron	Executive VP	less than a year	US$2.76m	0.16% $ 3.3m
Christopher Waldeck	Executive VP	less than a year	US$2.76m	0.14% $ 2.9m
Denise Sumner	VP & Chief Accounting Officer	no data	no data	no data
Eric Tracy	VP of Corporate Finance & Investor Relations	no data	no data	no data
Thomas Doerr	EVP, General Counsel & Corporate Secretary	less than a year	no data	0.035% $ 751.9k
Vanessa McCutchen	Vice President of Corporate Communications	no data	no data	no data
Tammy Heller	EVP & Chief Human Resources Officer	1.2yrs	no data	no data
Mame Annan-Brown	EVP of Global Comm. & Public Affairs	less than a year	no data	no data
Ezio Garciamendez	Senior VP & Chief Supply Chain Officer	no data	no data	no data
David Kovach	VP & Treasurer	no data	no data	no data

0.7yrs

Average Tenure

53yo

Average Age

Experienced Management: 3KO's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Scott Baxter	President	3.8yrs	US$9.98m	0.60% $ 12.7m
Robert Shearer	Lead Independent Director	3.8yrs	US$447.30k	0.067% $ 1.4m
Kathleen Barclay	Independent Director	no data	US$269.80k	0.027% $ 579.9k
Shelley Stewart	Independent Director	no data	US$247.30k	0.027% $ 579.9k
Mark Schiller	Independent Director	1.5yrs	US$249.05k	0.012% $ 246.2k
Robert Lynch	Independent Director	1.7yrs	US$226.05k	0.013% $ 268.9k
Ashley Goldsmith	Independent Director	less than a year	no data	0.0065% $ 137.0k
Andrew Page	Director	less than a year	no data	0.0083% $ 174.9k

1.6yrs

Average Tenure

59yo

Average Age

Experienced Board: 3KO's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.

Kontoor Brands Management

Management criteria checks 0/4

Key information

Recent management updates

Kontoor Brands Appoints Tom Waldron as Chief Operating Officer

Kontoor Brands, Inc., Annual General Meeting, Apr 18, 2024

Kontoor Brands, Inc Appoints Mary Campbell to the Board of Directors

Kontoor Brands, Inc. Announces Executive Changes, Effective August 31, 2023

Kontoor Brands, Inc. Announces Executive Changes

Kontoor Brands, Inc. Appoints Ezio Garciamendez as Senior Vice President, Chief Supply Chain Officer, Effective November 1, 2022

Recent updates

Kontoor Brands, Inc. Updates Earnings Guidance for the First Half and Fiscal Year 2024

Kontoor Brands Declares Quarterly Cash Dividend, Payable on June 20, 2024

Kontoor Brands, Inc. to Report Q1, 2024 Results on May 02, 2024

Kontoor Brands Appoints Tom Waldron as Chief Operating Officer

Kontoor Brands, Inc., Annual General Meeting, Apr 18, 2024

Kontoor Brands, Inc Appoints Mary Campbell to the Board of Directors

Kontoor Brands, Inc. Declares Quarterly Dividend, Payable on March 18, 2024

Kontoor Brands, Inc. to Report Q4, 2023 Results on Feb 28, 2024

Kontoor Brands, Inc. (NYSE:KTB) announces an Equity Buyback for $300 million worth of its shares.

Kontoor Brands, Inc. Provides Revenue Guidance for the Year 2023

Kontoor Brands, Inc. Declares Regular Quarterly Cash Dividend, Payable on December 18, 2023

Kontoor Brands, Inc. to Report Q3, 2023 Results on Nov 02, 2023

Kontoor Brands' Wrangler and Mattel Inc.'s Barbie Launch Collection of Coordinating Denim, Jackets, Tops, Tees, and Dresses for Women and Girls

Kontoor Brands, Inc.'s Lee Launches the Re-imagined Women's Lee Rider Jean

Kontoor Brands, Inc's Lee Launches the Re-imagined Women's Lee Rider Jean

Kontoor Brands, Inc. Announces Executive Changes, Effective August 31, 2023

Kontoor Brands, Inc. Announces Executive Changes

Kontoor Brands, Inc. Provides Earnings Guidance for the Full Year 2023

Kontoor Brands, Inc. Declares Quarterly Dividend, Payable on September 18, 2023

Kontoor Brands, Inc. to Report Q2, 2023 Results on Aug 03, 2023

Kontoor Brands, Inc. Reaffirms Earnings Guidance for the Year 2023

Kontoor Brands, Inc. to Report Q4, 2022 Results on Feb 28, 2023

Kontoor Brands, Inc. Provides Earnings Guidance for the Full Year 2022

Kontoor Brands, Inc. Declares Quarterly Dividend, Payable on December 19, 2022

Kontoor Brands, Inc. to Report Q3, 2022 Results on Nov 03, 2022

Kontoor Brands, Inc. Appoints Ezio Garciamendez as Senior Vice President, Chief Supply Chain Officer, Effective November 1, 2022

Second quarter 2022 earnings released: EPS: US$1.11 (vs US$0.41 in 2Q 2021)

Kontoor Brands, Inc. Provides Earnings Guidance for the Second Half of 2022

Kontoor Brands, Inc. Announces Regular Quarterly Cash Dividend, Payable on September 19, 2022

Kontoor Brands, Inc. to Report Q2, 2022 Results on Aug 04, 2022

Now 21% undervalued after recent price drop

Now 22% undervalued after recent price drop

Kontoor Brands, Inc. Appoints Andrew E. Page as Director and Member of Audit Committee

Upcoming dividend of US$0.46 per share

Investor sentiment deteriorated over the past week

Kontoor Brands Appoints Mame Annan-Brown as Global Head of ESG

First quarter 2022 earnings released: EPS: US$1.44 (vs US$1.12 in 1Q 2021)

Kontoor Brands, Inc. Provides Earnings Guidance for the Second Quarter 2022

Kontoor Brands Appoints Tom Doerr as Executive Vice President, General Counsel & Corporate Secretary, Effective June 6, 2022

Kontoor Brands Declares Quarterly Dividend, Payable on June 20, 2022

Kontoor Brands, Inc. to Report Q1, 2022 Results on May 05, 2022

Kontoor Brands, Inc. Provides Earnings Guidance for the First Quarter, Second Quarter, First Half and Full Year of 2022

Kontoor Brands, Inc. Provides Earnings Guidance for the First Half and Full Year 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Now 22% undervalued after recent price drop

Upcoming dividend of US$0.46 per share

Kontoor Brands, Inc. Declares Quarterly Dividend, Payable on March 18, 2022

Kontoor Brands, Inc. to Report Q4, 2021 Results on Mar 01, 2022

Kontoor Brands, Inc. Appoints Ashley Goldsmith as Director

Wrangler and Roark Drop Adventure-Ready ‘Out of Range’ Collection

Independent Director Juliana Chugg has left the company

Upcoming dividend of US$0.46 per share

Third quarter 2021 earnings released: EPS US$1.10 (vs US$1.07 in 3Q 2020)

Executive VP, General Counsel & Corporate Secretary Laurel Krueger has left the company

President recently bought €456k worth of stock

Second quarter 2021 earnings released: EPS US$0.41 (vs US$0.58 loss in 2Q 2020)

Kontoor Brands, Inc. (NYSE:KTB) announces an Equity Buyback for $200 million worth of its shares.

Kontoor Brands, Inc.(NYSE:KTB) dropped from Russell 3000E Value Index

Executive VP recently sold €132k worth of stock

Kontoor Brands, Inc. Raises Its 2021 Fiscal Outlook

First quarter 2021 earnings released: EPS US$1.12 (vs US$0.048 loss in 1Q 2020)

Executive Vice President of Global Supply Chain Randy Fortenberry has left the company

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Kontoor Brands, Inc., Annual General Meeting, Apr 20, 2021

Full year 2020 earnings released: EPS US$1.19 (vs US$1.71 in FY 2019)

Revenue beats expectations

Kontoor Elects Robert Lynch to Board of Directors

Investor sentiment improved over the past week