---
schema_version: "secwatch.filing_event.v1"
accession: "0000043920-23-000013"
form_type: "8-K"
ticker: "GEF"
cik: "0000043920"
company_name: "GREIF, INC"
filed_at: "2023-03-03T23:59:59+00:00"
generated_at: "2026-06-18T13:43:46.854266+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Greif elects Bruce Edwards as Chairman; Pete Watson and John Finn retire from board

## Summary
- Bruce Edwards, former DHL Supply Chain CEO, elected Chairman of the Board, effective February 28, 2023.
- Pete Watson retired as director and Chairman in accordance with his planned CEO transition.
- John Finn retired after 15 years on the board; Frank Miller (Baker & Hostetler partner) elected as new director.
- Roel Vestjens resigned as director due to a material change in employment, not due to any disagreement.
- All ten director nominees were elected at the February 28, 2023 annual meeting with overwhelming support.

## SEC filing metadata
- accession: 0000043920-23-000013
- form_type: 8-K
- ticker: GEF
- cik: 0000043920
- company_name: GREIF, INC
- filed_at: 2023-03-03T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 5.07, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/43920/000004392023000013/0000043920-23-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/43920/000004392023000013/gef-20230303.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000043920-23-000013
- JSON: https://secwatch.observer/filing/0000043920-23-000013.json
- Plain text: https://secwatch.observer/filing/0000043920-23-000013.txt

## Key facts
- Executive change
  Roel Vestjens resigned as director at GREIF, INC.
  - Action: resigned
  - Role: director
  source text: On February 27, 2023, the Board of Directors of Greif, Inc. (the “Company”) accepted the resignation of Roel Vestjens as a director.
  evidence_url: https://www.sec.gov/Archives/edgar/data/43920/000004392023000013/0000043920-23-000013-index.htm
- Shareholder Votes
  GREIF, INC shareholders approved Advisory vote on approval of compensation of named executive officers at the 2023-02-28 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2023-02-28
  source text: Proposal 2 To consider and vote upon the following resolution concerning the compensation of the Company’s named executive officers: “Resolved, that the Class B Common Stockholders hereby approve, on an advisory basis, the compensation, as disclosed in the Compensation Discussion and Analysis section and compensation tables, as well as the other narrative executive compensation disclosures, contained in the Company’s Proxy Statement for its 2023 Annual Meeting of Stockholders (the "Proxy Statement"), of the Company’s named executive officers identified in the Proxy Statement.” PROPOSAL 002 ADVISORY VOTE ON APPROVAL OF COMPENSATION OF NAMED EXECUTIVE OFFICERS *** FOR AGAINST ABSTAIN TOTAL SHARES VOTED 18,624,889 24,348 235,716
  evidence_url: https://www.sec.gov/Archives/edgar/data/43920/000004392023000013/0000043920-23-000013-index.htm
- Shareholder Votes
  GREIF, INC shareholders voted on Advisory vote on the frequency of votes on executive compensation at the 2023-02-28 meeting.
  - Proposal: say on pay frequency
  - Meeting: 2023-02-28
  source text: Proposal 3 To consider and vote upon the frequency of conducting future advisory votes concerning the approval of the compensation of the Company’s named executive officers. PROPOSAL 003 ADVISORY VOTE ON THE FREQUENCY OF VOTES ON EXECUTIVE COMPENSATION *** 1 YEAR 2 YEARS 3 YEARS ABSTAIN TOTAL SHARES VOTED 8,020,760 26,049 8,725,354 1,961,127
  evidence_url: https://www.sec.gov/Archives/edgar/data/43920/000004392023000013/0000043920-23-000013-index.htm
- Shareholder Votes
  GREIF, INC shareholders approved Approval of colleague stock purchase plan at the 2023-02-28 meeting.
  - Proposal: equity plan
  - Outcome: passed
  - Meeting: 2023-02-28
  source text: Proposal 5 To consider and vote upon the proposal to approve the Greif, Inc. Colleague Stock Purchase Plan. PROPOSAL 005 APPROVAL OF COLLEAGUE STOCK PURCHASE PLAN *** FOR AGAINST ABSTAIN TOTAL SHARES VOTED 18,625,790 26,650 232,513
  evidence_url: https://www.sec.gov/Archives/edgar/data/43920/000004392023000013/0000043920-23-000013-index.htm
- Shareholder Votes
  GREIF, INC shareholders approved Approval of amended and restated outside directors equity award plan at the 2023-02-28 meeting.
  - Proposal: equity plan
  - Outcome: passed
  - Meeting: 2023-02-28
  source text: Proposal 4 To consider and vote upon the proposal to approve amendments to the Company's 2005 Outside Directors Equity Award Plan. PROPOSAL 004 APPROVAL OF AMENDED & RESTATED OUTSIDE DIRECTORS EQUITY AWARD PLAN *** FOR AGAINST ABSTAIN TOTAL SHARES VOTED 16,033,631 2,611,669 239,653
  evidence_url: https://www.sec.gov/Archives/edgar/data/43920/000004392023000013/0000043920-23-000013-index.htm
- Shareholder Votes
  GREIF, INC shareholders approved To elect the following persons as directors for one-year terms at the 2023-02-28 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-02-28
  source text: Proposal 1 To elect the following persons as directors for one-year terms Ole G. Rosgaard, Vicki L. Avril-Groves, Bruce A. Edwards, Mark A. Emkes, Daniel J. Gunsett, John W. McNamara, Frank C. Miller, Karen A. Morrison, Robert M. Patterson and Kimberly T. Scott, the ten persons nominated by the Company's Board of Directors. PROPOSAL 001 ELECTION OF DIRECTORS *** FOR WITHHELD Ole G. Rosgaard 18,865,360 19,593 Vicki L. Avril-Groves 18,762,783 122,170 Bruce A. Edwards 18,357,408 527,545 Mark A. Emkes 18,851,222 33,731 Daniel J. Gunsett 18,238,959 645,994 John W. McNamara 18,442,668 442,285 Frank C. Miller 18,808,060 76,893 Karen A. Morrison 18,872,912 12,041 Robert M. Patterson 18,818,198 66,755 Kimberly T. Scott 18,840,482 44,471
  evidence_url: https://www.sec.gov/Archives/edgar/data/43920/000004392023000013/0000043920-23-000013-index.htm

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