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Wrangler, Lee parent Kontoor Brands appoints new CFO

Kontoor Brands, the owner of denim labels Wrangler and Lee, has appointed a new chief financial officer (CFO) as Rustin Welton steps down after four years. Effective August 31, Welton will be succeeded by Joe Alkire, who will also take on the role of executive vice president. In his new role, Alkire will have responsibility for the enterprise...