---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-039942"
form_type: "8-K"
ticker: "ACCO"
cik: "0000712034"
company_name: "ACCO BRANDS Corp"
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T03:14:29.488705+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# ACCO Brands reports Q2 results and CEO transition; maintains adjusted EPS outlook, raises free cash flow guidance

## Summary
- Q2 net sales of $493.6M, down 5.3% YoY; adjusted operating income up 14% to $66.2M.
- CEO Boris Elisman to resign Oct 1, 2023; COO Thomas Tedford appointed CEO effective same date.
- Full year 2023 adjusted EPS outlook maintained at $1.08-$1.12; free cash flow raised to at least $110M.
- Q2 adjusted EPS of $0.38, above Company's outlook; gross margin expanded 450 basis points.

## SEC filing metadata
- accession: 0000950170-23-039942
- form_type: 8-K
- ticker: ACCO
- cik: 0000712034
- company_name: ACCO BRANDS Corp
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/712034/000095017023039942/0000950170-23-039942-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/712034/000095017023039942/acco-20230804.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-039942
- JSON: https://secwatch.observer/filing/0000950170-23-039942.json
- Plain text: https://secwatch.observer/filing/0000950170-23-039942.txt

## Key facts
- Earnings Releases
  ACCO BRANDS Corp updated its second quarter and first six-month results for the period ended June 30, 2023 guidance (reaffirmed).
  - Period: second quarter and first six-month results for the period ended June 30, 2023
  - Guidance: reaffirmed
  - Result: reported results
  source text: On August 8, 2023, ACCO Brands Corporation (the "Company") announced its results for the period ended June 30, 2023. Attached as Exhibit 99.1 is a copy of the press release relating to the Company's results, which is incorporated herein by reference.
  evidence_url: https://www.sec.gov/Archives/edgar/data/712034/000095017023039942/0000950170-23-039942-index.htm
- Executive change
  Thomas W. Tedford was appointed as Chief Executive Officer at ACCO BRANDS Corp.
  - Action: appointed
  - Role: Chief Executive Officer
  source text: On August 4, 2023, the Board appointed Thomas W. Tedford to succeed Boris Elisman as CEO effective October 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/712034/000095017023039942/0000950170-23-039942-index.htm
- Executive change
  Boris Elisman resigned as Chief Executive Officer at ACCO BRANDS Corp.
  - Action: resigned
  - Role: Chief Executive Officer
  source text: On August 4, 2023, Boris Elisman, Chairman and Chief Executive Officer, notified the Board of Directors (the "Board") of ACCO Brands Corporation (the "Company") of his intention to resign as Chief Executive Officer ("CEO") of the Company effective October 1, 2023, and his intention not to stand for re-election to the Board at the Company's 2024 Annual Meeting of Stockholders.
  evidence_url: https://www.sec.gov/Archives/edgar/data/712034/000095017023039942/0000950170-23-039942-index.htm
- Executive change
  Thomas W. Tedford was appointed as Director at ACCO BRANDS Corp.
  - Action: appointed
  - Role: Director
  source text: The Board also appointed Mr. Tedford to the Company’s Board of Directors effective when he becomes CEO on October 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/712034/000095017023039942/0000950170-23-039942-index.htm

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