---
schema_version: "secwatch.filing_event.v1"
accession: "0000014693-25-000027"
form_type: "8-K"
ticker: "BF-A"
cik: "0000014693"
company_name: "BROWN FORMAN CORP"
filed_at: "2025-04-28T23:59:59+00:00"
generated_at: "2026-05-23T04:54:24.030159+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Brown-Forman EVP Marshall B. Farrer resigns as Chief Strategic Growth Officer to become Chairman

## Summary
- Marshall B. Farrer resigns as EVP, Chief Strategic Growth Officer effective after 2025 Annual Meeting; will become Chairman.
- Compensation Committee approved $865,000 lump sum to compensate for loss of subsidized early retirement benefits and pension accruals.
- Outstanding SSARs treated as if Farrer retired; performance-based RSUs continue unmodified per grant agreements.

## SEC filing metadata
- accession: 0000014693-25-000027
- form_type: 8-K
- ticker: BF-A
- cik: 0000014693
- company_name: BROWN FORMAN CORP
- filed_at: 2025-04-28T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/14693/000001469325000027/0000014693-25-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/14693/000001469325000027/bfb-20250425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000014693-25-000027
- JSON: https://secwatch.observer/filing/0000014693-25-000027.json
- Plain text: https://secwatch.observer/filing/0000014693-25-000027.txt

## Key facts
- Executive change
  Marshall B. Farrer resigned as Executive Vice President, Chief Strategic Growth Officer at BROWN FORMAN CORP.
  - Action: resigned
  - Role: Executive Vice President, Chief Strategic Growth Officer
  source text: On April 25, 2025, Marshall B. Farrer, Executive Vice President, Chief Strategic Growth Officer of Brown-Forman Corporation (the “Company”), informed the Company of his intention to resign from his employment role at the Company effective immediately following the Company’s 2025 Annual Meeting of Stockholders (the “2025 Annual Meeting”) in connection with assuming the role of Chairman of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/14693/000001469325000027/0000014693-25-000027-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.