Kontoor Brands expands board with appointment of two new directors

Kontoor Brands has added former PepsiCo CFO Jamie Caulfield and CEO of restaurant operator Wingstop Michael Skipworth to its board.
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Wrangler store Credits: Kontoor Brands
By Prachi Singh

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US apparel group Kontoor Brands, owner of Lee and Wrangler, has appointed Jamie Caulfield and Michael Skipworth to its board of directors, effective immediately.

The company also announced an increase in the size of its board from seven to nine members.

Caulfield, age 67, recently served as executive vice president and chief financial officer of beverage and convenient foods company PepsiCo, which generates nearly 94 billion dollars in net revenue. Over a 30-year career at the business, Caulfield held various senior leadership positions across corporate strategy, financial planning, and investor relations. He will serve on Kontoor's audit committee as well as the nominating and governance committee.

Skipworth, age 49, currently serves as president and chief executive officer of US restaurant operator Wingstop, which operates and franchises more than 3,000 locations globally. Before taking on his current position, Skipworth held key roles in operations, finance, and accounting at the business, including president and chief operating officer. He will join Kontoor's audit committee and talent and compensation committee.

“We are excited to welcome Jamie and Michael to Kontoor's board of directors,” said Scott Baxter, chief executive officer and chairman of Kontoor Brands. “Jamie brings decades of financial and portfolio leadership from one of the world's most respected consumer companies, where he helped guide the business through significant periods of change and expansion. Michael's proven track record scaling a high-growth consumer brand will be equally valuable. Together, their perspectives will help inform how we manage our portfolio, drive growth and strengthen our multi-brand platform.”

Jamie Caulfield
Kontoor Brands
Michael Skipworth