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AI brief of an SEC Form 8-K · Carter's (CRI)

Carter's Chief Product Officer Kendra Krugman to depart effective October 21, 2025

Neutral Impact 3 of 5 leadership Written later

Carter's said Chief Product Officer Kendra D. Krugman is leaving in connection with an organizational restructuring, with her separation effective October 21, 2025, treated as an involuntary termination without cause. The filing also reports that the board terminated the William Carter Company Deferred Compensation Plan effective September 30, 2025, with participant balances to be paid out in a lump sum later.

Key points

  • Kendra D. Krugman, Chief Product Officer, departs effective October 21, 2025, in an involuntary termination without cause
  • CEO Douglas C. Palladini will oversee the product team on an interim basis
  • Board terminated the deferred compensation plan effective September 30, 2025; 16 active participants as of August 14, 2025
  • Lump sum payouts are scheduled as soon as practicable after twelve months following the termination date, and no later than 24 months

The filing

CompanyCarter's (CRI)
Form8-K, current report
Filed with the SECAug 18, 2025, 4:27 PM ET
Accession number0001060822-25-000149

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:59 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 18, 2025.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.