---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-050739"
form_type: "8-K"
ticker: "ACCO"
cik: "0000712034"
company_name: "ACCO BRANDS Corp"
filed_at: "2023-09-29T23:59:59+00:00"
generated_at: "2026-06-10T07:14:59.276243+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# ACCO Brands approves CEO Tedford's compensation: $850k salary, $900k LTIP, effective Oct 1

## Summary
- Thomas W. Tedford named President and CEO effective Oct 1, 2023; annual salary $850k, target AIP 120% of salary.
- Tedford receives LTIP award of $900k (67% PSUs, 33% RSUs).
- Boris Elisman becomes Executive Chairman effective Oct 1; salary $750k, target AIP 100% of salary.
- Tedford's severance: involuntary termination pays 24 months base plus 2 years target bonus; change-of-control pays 2.99x base plus 2.99x target bonus.
- Elisman no longer eligible for the Executive Severance Plan as of Oct 1, 2023.

## SEC filing metadata
- accession: 0000950170-23-050739
- form_type: 8-K
- ticker: ACCO
- cik: 0000712034
- company_name: ACCO BRANDS Corp
- filed_at: 2023-09-29T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/712034/000095017023050739/0000950170-23-050739-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/712034/000095017023050739/acco-20230926.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-050739
- JSON: https://secwatch.observer/filing/0000950170-23-050739.json
- Plain text: https://secwatch.observer/filing/0000950170-23-050739.txt

## Key facts
- Executive change
  Boris Elisman was appointed as Executive Chairman at ACCO BRANDS Corp.
  - Role: Executive Chairman
  source text: Compensation of Boris Elisman as Executive Chairman, effective October 1, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/712034/000095017023050739/0000950170-23-050739-index.htm
- Executive change
  Thomas W. Tedford was appointed as President and Chief Executive Officer at ACCO BRANDS Corp.
  - Role: President and Chief Executive Officer
  source text: Compensation of Thomas W. Tedford as President and Chief Executive Officer, effective October 1 , 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/712034/000095017023050739/0000950170-23-050739-index.htm

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