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Whirlpool Corporation

Whirlpool Appoints New Director and Announces Upcoming Board Changes

| 8-K |Consumer Cyclical

Summary

On January 17, 2025, Whirlpool Corporation appointed John G. Morikis to its Board of Directors, effective immediately. Mr. Morikis will serve on the Corporate Governance and Nominating Committee and the Human Resources Committee. His compensation includes an annual cash retainer of $150,000 and annual equity compensation of $160,000 in Whirlpool common stock. Additionally, Larry O. Spencer informed the Board on February 13, 2025, that he will not stand for reelection at the 2025 Annual Meeting of Stockholders. His decision was not related to any disagreements with the company.

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About Whirlpool Corporation

Whirlpool Corporation is a leading global manufacturer and marketer of home appliances, known for its extensive range of products that include washing machines, refrigerators, dishwashers, and cooking appliances. Headquartered in Benton Charter Township, Michigan, Whirlpool Corporation serves both the consumer and commercial markets, offering durable and technologically advanced products that meet diverse domestic needs. The company operates a vast network of manufacturing facilities, research and development centers, and sales offices spread across several countries. Whirlpool's commitment to innovation and sustainability is evident in its development of energy-efficient appliances that align with growing environmental standards. In the financial markets, Whirlpool Corporation plays a significant role in the consumer goods sector, influencing trends and technological advancements in home appliance solutions. It competes with other major industry players, impacting market dynamics and contributing to the evolving landscape of home living and comfort.

Exchange: NYSE Industry: Furnishings, Fixtures & Appliances Company Website →

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