---
schema_version: "secwatch.filing_event.v1"
accession: "0000102037-23-000003"
form_type: "8-K"
ticker: "UVV"
cik: "0000102037"
company_name: "UNIVERSAL CORP /VA/"
filed_at: "2023-02-01T23:59:59+00:00"
generated_at: "2026-06-20T03:18:37.613204+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Universal Corp appoints PepsiCo veteran Arthur Schick to board; declares $0.79 dividend

## Summary
- Appointed Arthur J. Schick Jr., former PepsiCo VP of Proprietary Flavors, to board effective April 1, 2023.
- Board expands to nine directors, eight independent.
- Declared quarterly dividend of $0.79/share payable May 1, 2023 to shareholders of record April 10, 2023.

## SEC filing metadata
- accession: 0000102037-23-000003
- form_type: 8-K
- ticker: UVV
- cik: 0000102037
- company_name: UNIVERSAL CORP /VA/
- filed_at: 2023-02-01T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/102037/000010203723000003/0000102037-23-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/102037/000010203723000003/xbrl-20230131.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000102037-23-000003
- JSON: https://secwatch.observer/filing/0000102037-23-000003.json
- Plain text: https://secwatch.observer/filing/0000102037-23-000003.txt

## Key facts
- Executive change
  Arthur J. Schick, Jr. was appointed as director at UNIVERSAL CORP /VA/.
  - Action: appointed
  - Role: director
  source text: On January 31, 2023, the Board of Directors (the “Board”) of Universal Corporation (the “Company”) increased the size of the Board to nine members and appointed Arthur J. Schick, Jr. to serve as a new director of the Company, both effective April 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/102037/000010203723000003/0000102037-23-000003-index.htm

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