secwatch.observer — SEC 8-K summary
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Issuer:     BROWN FORMAN CORP (BF-A)
CIK:        0000014693
Form:       8-K
Filed at:   2026-03-16T23:59:59+00:00
Accession:  0000014693-26-000012
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brown-Forman appoints Jim Peters as CFO effective March 31, 2026
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- Jim Peters, formerly EVP at Whirlpool, succeeds Leanne Cunningham who retires May 1, 2026.
- Annual base salary $825,000; short-term incentive target $825,000; long-term incentive target $2.4M.
- One-time equity awards: RSUs $900k, prorated SSARs $66k, prorated PBRSUs $134k.
- Peters to report to CEO Lawson Whiting; brings experience in margin management and global operations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/14693/000001469326000012/0000014693-26-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/14693/000001469326000012/bfb-20260316.htm
  HTML page:      https://secwatch.observer/filing/0000014693-26-000012

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer