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Form 8-K · Current Report · Filed 2024-11-14

Sherwin-Williams Announces Leadership Transition

On November 13, 2024, The Sherwin-Williams Company announced key leadership changes.

Filer
Sherwin-Williams Co. SHW · NYSE
Filed
Accession
0001193125-24-258598
CIK
0000089800
Signal
High impactBasic Materials

Details

John G. Morikis, the Executive Chairman, will retire from his position effective December 31, 2024, and will not stand for re-election as a director at the 2025 Annual Meeting. Heidi G. Petz, the current President and CEO, has been elected to serve as Chair of the Board effective January 1, 2025. Jane M. Cronin, Senior Vice President - Enterprise Finance, will also retire effective December 31, 2024, with J. Paul Lang appointed as her successor, effective January 1, 2025.

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

Executive Compensation Detail Key Executive Departure Key Executive Appointment
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$387.29

Next session

-2.1%

Since filing

-12.0%

Latest close

$340.85

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from SHW reporting the same item, with the next session's move:

Exhibits (1)

About Sherwin-Williams Co.

Sherwin-Williams Co. is a global leader in the production and distribution of paints and coatings. Established in 1866 and headquartered in Cleveland, Ohio, the company serves both professional and retail customers. Sherwin-Williams provides a comprehensive range of products, including interior and exterior paints, protective coatings, and industrial finishes, catering to various sectors such as construction, automotive, and aerospace industries. The company operates through its numerous retail stores, with a significant presence in North America, and extends its reach via third-party retailers and distributors worldwide. Its innovation-driven approach focuses on developing sustainable solutions and high-quality products to meet the diverse needs of its clientele. In the financial market, Sherwin-Williams Co. is recognized for its stability and influence in the materials sector, playing a pivotal role in advancing industry standards and technological advancements in paints and coatings. Its strategic initiatives and robust R&D capabilities underscore its commitment to growth and its impact on global construction and manufacturing applications.

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