Joseph A. Alkire Appointed President and Chief Financial Officer to Accelerate Next Phase of Growth

GREENSBORO, N.C.--(BUSINESS WIRE)--Kontoor Brands, Inc. (NYSE: KTB), today announced that Joseph Alkire has been appointed to President and Chief Financial Officer effective immediately. In his expanded role, Alkire will maintain global responsibilities for the Helly Hansen^® brand and will expand his oversight to also include the Wrangler^® brand. In addition, he will continue in his role as Chief Financial Officer and maintain oversight over the Company’s global operations. Alkire has served as a key member of Kontoor's Executive Leadership Team since joining the Company in 2023, playing an instrumental role in shaping the Company's strategic and financial direction. Alkire will continue to report directly to Scott Baxter, who remains Kontoor’s Chief Executive Officer and Chairman of the Board of Directors.

“Joe has been an exceptional partner in driving Kontoor's growth and transformation, and this expanded role reflects both what he's already delivered and the confidence the Board and I have in his ability to build on that success," said Scott Baxter, Chief Executive Officer and Chairman of the Board of Directors. “We've reached an important inflection point in our value creation journey, and we're aligning our portfolio under one leader with the operational and financial expertise to deliver on our ambitions. I'm confident that with Joe in this role, our best days are ahead.”

"I am energized by the opportunity ahead and deeply grateful to the talented people across this organization whose commitment to excellence has positioned Kontoor to compete and win,” said Joseph Alkire, President and Chief Financial Officer. “I look forward to continuing to partner closely with Scott and the Executive Leadership Team as we build on that foundation and pursue this next horizon of growth.”

About Kontoor Brands

Kontoor Brands, Inc. (NYSE: KTB) is a portfolio of three of the world’s most iconic lifestyle, outdoor and workwear brands: Wrangler^®, Lee^® and Helly Hansen^®. Kontoor Brands is a purpose-led organization focused on leveraging its global platform, strategic sourcing model and best-in-class supply chain to drive brand growth and deliver long-term value for its stakeholders. For more information about Kontoor Brands, please visit www.KontoorBrands.com.