UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 9, 2021
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WOLVERINE WORLD WIDE, INC. | ||
| (Exact name of registrant as specified in its charter) | ||
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||||||||
| , | , | |||||||||||||||||||
| (Address of principal executive offices) | (Zip Code) | |||||||||||||||||||
Registrant’s telephone number, including area code: (616) 866-5500
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Securities registered pursuant to Section 12(b) of the Act: | ||||||||
| Title of each class | Trading symbol | Name of each exchange on which registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. | ||||
On April 9, 2021, the Board of Directors of the Company appointed Kathleen Wilson-Thompson as a member of the Company’s Board of Directors, effective May 5, 2021. There were no arrangements between Ms. Wilson-Thompson and other persons pursuant to which she was appointed as a director. There are no related-party transactions in which she or any immediate member of her family has an interest that would require disclosure under Item 404(a) of Regulation S-K. As an independent member of the Board of Directors, she will be entitled to receive the compensation paid to the Company’s non-employee directors other than the Lead Director. Ms. Wilson-Thompson will also enter into an Indemnification Agreement with the Company in the form entered into by the Company's other directors.
A copy of the press release issued on April 14, 2021 by the Company announcing the appointment of Ms. Wilson-Thompson is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.
| Item 9.01 | Financial Statements and Exhibits. | ||||||||||
| (d) | Exhibits: | ||||||||||
| 10.1 | |||||||||||
| 104 | The cover page from this Current Report on Form 8-K, formatted in Inline XBRL (included as Exhibit 101). | ||||||||||
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Dated: April 14, 2021 | WOLVERINE WORLD WIDE, INC. (Registrant) | ||||
| /s/ Michael D. Stornant | |||||
| Michael D. Stornant | |||||
| Senior Vice President, Chief Financial Officer and Treasurer | |||||
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Exhibit 10.1
9341 Courtland Drive, Rockford, MI 49351
Phone (616) 866-5500; Fax (616) 866-0257
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
FOR IMMEDIATE RELEASE
CONTACT: Olivia Lake, 616-233-0500
WOLVERINE WORLDWIDE APPOINTS
KATHLEEN WILSON-THOMPSON TO ITS BOARD OF DIRECTORS
Michigan native brings significant global retail experience across multiple consumer-focused businesses
ROCKFORD, Mich., April 14, 2021 — Wolverine World Wide, Inc. (NYSE:WWW) today announced the appointment of Kathleen Wilson-Thompson to its Board of Directors, effective May 5, 2021. Wilson-Thompson, 63, brings to the boardroom a wealth of global retail experience in senior executive roles, along with a combined 14 years as a director for three public companies.
Wilson-Thompson currently serves on the Board of Directors at Tesla, Inc. (NASDAQ: TSLA). Earlier this year, she retired as Executive Vice President and Global Chief Human Resources Officer at Walgreens Boots Alliance Inc. (NASDAQ: WBA), a global retail pharmacy, health and wellness destination. Prior to joining Walgreens, Wilson-Thompson held several positions of increasing responsibility in the operations and legal departments at Kellogg Company (NYSE: K), culminating as Senior Vice President of Global Human Resources.
"Kathleen has been associated with some of the largest consumer-focused businesses in the world, and we are excited to welcome her to our Board of Directors,” said Blake W. Krueger, Chairman and Chief Executive Officer of Wolverine Worldwide. “She brings a breadth of experiences to our Company, and her proven record of leading large global companies through complex and challenging environments will be instrumental in helping to drive Wolverine Worldwide’s Global Growth Agenda.”
Wilson-Thompson earned a bachelor's degree from the University of Michigan and both a Juris Doctor and Master of Laws from Wayne State University. She also serves on the Board of Directors for the Alumni Association of the University of Michigan.
“Wolverine Worldwide’s strong leadership position and aggressive growth agenda in the global footwear and apparel industry makes it an exciting time to join the Company,” said Wilson-Thompson. “I look forward to working with my fellow Board members to help the Company capitalize on the many strategic opportunities that lie ahead.”
ABOUT WOLVERINE WORLDWIDE
Founded in 1883 on the belief in the possibility of opportunity, Wolverine World Wide, Inc. (NYSE:WWW) is one of the world’s leading marketers and licensors of branded casual, active
lifestyle, work, outdoor sport, athletic, children's and uniform footwear and apparel. Through a diverse portfolio of highly recognized brands, our products are designed to empower, engage and inspire our consumers every step of the way. The company’s portfolio includes Merrell®, Saucony®, Sperry®, Hush Puppies®, Wolverine®, Keds®, Chaco®, Bates®, HYTEST®, and Stride Rite®. Wolverine Worldwide is also the global footwear licensee of the popular brands Cat® and Harley-Davidson®. Based in Rockford, Michigan, for more than 130 years, the company's products are carried by leading retailers in the U.S. and globally in approximately 170 countries and territories. For additional information, please visit our website, www.wolverineworldwide.com.
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