8-K filed June 23, 2022, 7:59 PM ET ticker SJM CIK 0000091419

leadership confidence high sentiment neutral materiality 0.70

J.M. Smucker Co. announces board changes: Mark Smucker becomes Chair; Richard and Tim Smucker to retire

J M SMUCKER Co

Mark T. Smucker, currently President and CEO, will become Chair of the Board effective Aug 17, 2022, succeeding Richard K. Smucker.
Richard K. Smucker to retire as Executive Chairman on Aug 17, 2022, remain employee until Oct 9, 2022, then continue as Board director if re-elected.
Timothy P. Smucker to retire from Board on Aug 17, 2022; will become Chairman Emeritus for one-year term with $100,000 annual retainer.
Board size reduced from 12 to 11 directors after the annual meeting on Aug 17, 2022, due to Tim Smucker's departure.
Mark Smucker's base salary and incentive plan targets adjusted for increased responsibilities.

item 5.02 item 5.03 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Timothy P. Smucker

Chairman Emeritus

SJM · J M SMUCKER Co

Effective: 2022-08-17
Filed: June 23, 2022, 7:59 PM ET

the Board will appoint him to a new Chairman Emeritus role

Role change

Mark T. Smucker

Chair of the Board, President, and Chief Executive Officer

SJM · J M SMUCKER Co

Effective: 2022-08-17
Filed: June 23, 2022, 7:59 PM ET

Mark T. Smucker, President and Chief Executive Officer and a Director of the Company, will succeed Richard K. Smucker and become the Chair of the Board, President, and Chief Executive Officer

Departed

Timothy P. Smucker

Director

SJM · J M SMUCKER Co

Effective: 2022-08-17
Filed: June 23, 2022, 7:59 PM ET

Timothy P. Smucker will be retiring from the Board at the expiration of his current term on August 17, 2022

Departed

Richard K. Smucker

Executive Chairman of the Board of Directors

SJM · J M SMUCKER Co

Effective: 2022-08-17
Successor: Mark T. Smucker
Filed: June 23, 2022, 7:59 PM ET

Richard K. Smucker will retire as the Executive Chairman of the Board of Directors

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.9

Timothy P. Smucker was appointed as Chairman Emeritus at J M SMUCKER Co.

Action: appointed
Role: Chairman Emeritus

Exact text from the filing

the Board will appoint him to a new Chairman Emeritus role

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Mark T. Smucker changed role as Chair of the Board, President, and Chief Executive Officer at J M SMUCKER Co.

Action: succeed
Role: Chair of the Board, President, and Chief Executive Officer

Exact text from the filing

Mark T. Smucker, President and Chief Executive Officer and a Director of the Company, will succeed Richard K. Smucker and become the Chair of the Board, President, and Chief Executive Officer

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Timothy P. Smucker departed as Director at J M SMUCKER Co.

Action: retire
Role: Director

Exact text from the filing

Timothy P. Smucker will be retiring from the Board at the expiration of his current term on August 17, 2022

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Richard K. Smucker departed as Executive Chairman of the Board of Directors at J M SMUCKER Co.

Action: retire
Role: Executive Chairman of the Board of Directors

Exact text from the filing

Richard K. Smucker will retire as the Executive Chairman of the Board of Directors

View on SEC.gov

J M SMUCKER Co filing history →

Source: SEC EDGAR

accession 0000091419-22-000077

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