Maryelizabeth Campbell
About Maryelizabeth Campbell
Independent Director at Kontoor Brands (KTB) since February 2024; age 57. Former President, vCommerce Ventures at Qurate Retail, with 20+ years across merchandising, planning, content/digital, and commerce platforms at Qurate/QVC/HSN; B.A. in Psychology from Central Connecticut State University. Brings deep consumer, digital/eCommerce, marketing/brand, and governance experience; determined independent by the Board under NYSE standards.
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Qurate Retail, Inc. (QxH segment) | Chief Content, Digital & Platforms Officer (QxH) | 2021–2023 | Led content, digital and platforms at QVC/HSN; video commerce, mobile/social commerce leadership |
| Qurate Retail Group / QVC US | Chief Merchandising Officer / Chief Commerce Officer | 2018–2021 | Led merchandising and commerce; consumer-driven product innovation and growth |
| Qurate Retail / QVC | Chief Merchandising & Interactive Officer; Chief Interactive Experience Officer | 2017–2018 | Drove interactive and digital consumer experiences |
| QVC | EVP, Commerce Platforms | 2014–2017 | Scaled digital platforms for commerce |
External Roles
| Company | Role | Tenure | Committees |
|---|---|---|---|
| Leggett & Platt, Inc. (NYSE: LEG) | Director | 2019–present | Audit Committee (since 2019); Nominating, Governance & Sustainability Committee (since 2024) |
Board Governance
| Item | Detail |
|---|---|
| KTB Board Committees | Audit Committee Member (not chair) |
| Independence | Independent director under NYSE and Board categorical standards |
| Financial Expert Status | Audit Committee “financial expert” designations are Shearer, Page, Schiller (Campbell is not designated) |
| Attendance/Engagement | In 2024, Board held 5 meetings; Audit held 6. Each current director attended >85% of Board and committee meetings; all 8 directors attended the 2024 annual meeting |
| Executive Sessions | Non-management directors met in executive session 4 times in 2024; Lead Director presides |
Fixed Compensation
| Component | Structure | 2024 Actuals for Campbell |
|---|---|---|
| Annual Cash Retainer | $85,000 (paid quarterly); meeting fees only if >10 Board meetings; no general committee fees; chair premiums only for chairs | $71,455 cash (pro-rated for 2024 start) |
| Equity Retainer | RSUs equal to $160,000; fully vested/non-forfeitable at grant; settle 1 year after grant; 30-day avg price used for sizing | $160,000 stock awards; 2,652 RSUs granted on Apr 1, 2024 at $60.34 FV per RSU |
| Lead Director/Chair Fees | Only for those roles (Audit Chair $30k; T&C Chair $25k; N&G Chair $20k; Lead Director $100k) | Not applicable to Campbell in 2024 |
| Total 2024 Compensation | — | $231,455 total |
Performance Compensation
Directors do not receive performance-based pay at KTB; director equity is in RSUs that are fully vested at grant and settled after one year. No performance metrics, options, or PSU awards apply to non-employee directors.
Other Directorships & Interlocks
- Current public board: Leggett & Platt (Audit; Nominating/Governance/Sustainability) .
- Compensation committee interlocks: KTB discloses none for its Talent & Compensation Committee (board-level disclosure) .
- Related-party transactions: KTB disclosed one related-person transaction in 2024 involving an executive’s spouse (not Campbell); no related transactions involving Campbell were disclosed.
Expertise & Qualifications
- Consumer/retail, digital and eCommerce, marketing/branding, corporate governance, sustainability, and cybersecurity skill sets reflected in the Board’s skills matrix; executive management and international experience also highlighted.
- Background leading video commerce, mobile/social commerce, and platform scale at Qurate/QVC/HSN supports KTB’s DTC/digital ambitions.
Equity Ownership
| Item | Detail |
|---|---|
| Beneficial Ownership (KTB) | 2,705 shares as of Feb 13, 2025; <1% of shares outstanding |
| Director Stock Ownership Guideline | 5x annual cash retainer; directors must retain 100% of net shares from RSU vesting until guideline met; Campbell “on target” to meet guideline (joined Feb 2024) |
| Hedging/Pledging | Directors prohibited from hedging or pledging KTB stock; no margin accounts allowed |
Governance Assessment
- Independence and workload: Independent, with one additional public board (Leggett & Platt), within KTB’s overboarding limits for non-executive directors; Board affirms none of its directors are overboarded. Supports robust independence profile.
- Committee fit: Audit Committee seat aligns with long-tenured P&L/digital platform experience; however, not designated an “audit committee financial expert.” The committee met 6x in 2024; Board disclosed >85% attendance by all directors, indicating solid engagement.
- Pay alignment and ownership: Standard KTB director package (cash + time-vested RSUs) with strong ownership requirements; Campbell is tracking to guideline, and anti-hedge/pledge policy strengthens alignment.
- Conflicts/related-party risk: No related-party transactions involving Campbell disclosed; KTB reports no comp committee interlocks and maintains a formal related-person transaction policy overseen by Nominating & Governance.
- Shareholder sentiment context: Company’s say-on-pay received >95% support in 2024, signaling broad investor confidence in governance and pay practices (contextual to board oversight quality).
RED FLAGS: None disclosed relating to Campbell (no related-party transactions, no late Section 16 filings noted; late filings were for other executives).