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Robert Lynch, CEO of Papa John’s, Elected to Kontoor Brands Board of Directors

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The Board of Directors at Kontoor Brands (NYSE: KTB) announced the appointment of Robert Lynch as a director, effective March 5, 2021. Lynch, the current President and CEO of Papa John’s International, brings over 20 years of leadership experience in consumer goods and quick-service restaurants. His appointment is expected to drive growth and innovation for Kontoor's iconic brands, Wrangler and Lee. Lynch will also serve on the Audit and the Talent and Compensation Committees, leveraging his proven track record in strategic change and brand growth to enhance Kontoor's market position.

Positive
  • Robert Lynch's extensive experience in guiding organizations through strategic change may lead to long-term growth.
  • His marketing and innovation skills could strengthen Kontoor's brand presence.
Negative
  • Concerns may arise regarding management continuity given Lynch's transition from a different industry.

The Board of Directors of Kontoor Brands, Inc. (NYSE: KTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, has named Robert Lynch, President and Chief Executive Officer of Papa John’s International, Inc., as a director, effective March 5, 2021.

“We’re excited to welcome Rob to Kontoor’s Board of Directors,” said Bob Shearer, Chairman of the Board, at Kontoor Brands. “Rob is a proven, transformational leader who has a strong track record in guiding organizations through strategic change to drive long-term, value-creating growth. His extensive experience in leveraging marketing, innovation and digital capabilities to meet the needs of consumers will be a strong addition to our Board, particularly as Kontoor accelerates its efforts to drive brand growth.”

Mr. Lynch will serve on the Audit and the Talent and Compensation Committees of Kontoor’s Board of Directors.

Mr. Lynch, 44, was appointed as President and Chief Executive Officer of Papa John’s in August 2019. As CEO of the world’s third largest pizza delivery company, he has led the company to new growth and success, including improved financial performance, enhanced employee benefits and programs and elevated social responsibility initiatives. Mr. Lynch joined Papa John’s from Arby’s Restaurant Group where he served as President since August 2017, and served as Brand President and Chief Marketing Officer from August 2013 to August 2017. During his time at Arby’s, he led the brand’s dramatic turn-around to strong growth and profitability. Prior to Arby’s, he served as Vice President of Marketing at Taco Bell. Mr. Lynch has more than 20 years combined experience in the quick-service restaurant and consumer packaged goods industries, and also held senior roles at H.J. Heinz Company and Procter & Gamble.

Mr. Lynch holds a bachelor’s degree in economics and political science, and a Master’s in Business Administration from the University of Rochester.

About Kontoor Brands

Kontoor Brands, Inc. (NYSE: KTB) is a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands: Wrangler® and Lee®. Kontoor designs, manufactures and distributes superior high-quality products that look good and fit right, giving people around the world the freedom and confidence to express themselves. 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.

FAQ

Who is Robert Lynch and what is his role at Kontoor Brands?

Robert Lynch is the newly appointed director for Kontoor Brands, effective March 5, 2021, and he will serve on the Audit and the Talent and Compensation Committees.

What experience does Robert Lynch bring to Kontoor Brands?

Lynch has over 20 years of leadership experience in consumer goods and quick-service restaurants, including his role as CEO at Papa John's.

How might Robert Lynch's appointment impact Kontoor Brands (KTB)?

His appointment could drive growth and innovation, leveraging his marketing and operational experience to enhance Kontoor's brand strategy.

What is Kontoor Brands known for?

Kontoor Brands is known for iconic consumer brands like Wrangler and Lee, and focuses on high-quality lifestyle apparel.

Kontoor Brands, Inc.

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Apparel Manufacturing
Men's & Boys' Furnishgs, Work Clothg, & Allied Garments
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