KTB ▼ -3.2% - Kontoor Brands, Inc. $KTB - Kontoor Brands Board of Directors Elects Jamie Caulfield, Former PepsiCo, Inc. Chief Financial Officer and Michael Skipworth, President and Chief Executive Officer of Wingstop Inc. as New Directors Kontoor Brands shares fell 3.2% today following the company's announcement that its board elected Jamie Caulfield, former PepsiCo CFO, and Michael Skipworth, president and CEO of Wingstop Inc., as new directors. The market reaction suggests investors may view the board changes as insufficient to address broader concerns about the company's strategic direction or operational performance. 23-SEP-2026 04:37 PM ET