Lee, Wrangler Owner Kontoor Brands Appoints New Co-COOs

• Kontoor Brands Inc (NYSE:KTB) has appointed Chris Waldeck and Tom Waldron as Co-Chief Operating Officers (COOs).
• Chris Waldeck will assume responsibility for Kontoor's international markets and Direct to Consumer (DTC) channels, in addition to his continued responsibilities as EVP and Global Brand President of Lee.
• Tom Waldron will handle the operational side of the business, in addition to his continued responsibilities as EVP and Global Brand President of Wrangler.
• Price Action: KTB shares closed higher by 4.71% at $44.49 on Wednesday.