Lee, Wrangler Owner Kontoor Brands Appoints New Co-COOs

Kontoor Brands Inc 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.