---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-008739"
form_type: "8-K"
ticker: "ACCO"
cik: "0000712034"
company_name: "ACCO BRANDS Corp"
filed_at: "2024-01-30T23:59:59+00:00"
generated_at: "2026-06-06T15:23:37.501416+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ACCO Brands launches restructuring to save at least $60M annually; segments realigned to Americas & International

## Summary
- Program targets $60M+ annualized pre-tax savings via headcount cuts, supply chain optimization, and footprint rationalization.
- Pre-tax restructuring charge of ~$13M in Q4 2023 plus $9M from prior Sidney, NY closure; total cash outflows $26M ($18M in 2024, $8M in 2025).
- Effective Jan 1, 2024, company operates under two segments: Americas (US, Canada, Brazil, Mexico, Chile) and International (EMEA, Australia/NZ, Asia).
- Cezary Monko appointed EVP & President of International; Patrick Buchenroth appointed EVP & President of Americas.
- Preliminary 2023 results indicate reported sales and cash flows above prior outlook.

## SEC filing metadata
- accession: 0000950170-24-008739
- form_type: 8-K
- ticker: ACCO
- cik: 0000712034
- company_name: ACCO BRANDS Corp
- filed_at: 2024-01-30T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.05, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/712034/000095017024008739/0000950170-24-008739-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/712034/000095017024008739/acco-20240124.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-008739
- JSON: https://secwatch.observer/filing/0000950170-24-008739.json
- Plain text: https://secwatch.observer/filing/0000950170-24-008739.txt

## Key facts
- Executive change
  Cezary Monko was appointed as Executive Vice President and President, International at ACCO BRANDS Corp.
  - Action: appointed
  - Role: Executive Vice President and President, International
  source text: In connection with Mr. Monko’s appointment as Executive Vice President and President, International, on January 29, 2024, ACCO Brands Corporation’s Polish subsidiary, Esselte Polska Sp. z o.o. ("Esselte Polska") entered into an Employment Contract with Mr. Monko, (the "Employment Contract").
  evidence_url: https://www.sec.gov/Archives/edgar/data/712034/000095017024008739/0000950170-24-008739-index.htm
- Restructurings & Charges
  ACCO BRANDS Corp announced a restructuring with charges of pre-tax restructuring charge for the period ended December 31, 2023 of approximately $13 million (headcount reductions).
  - Type: restructuring
  - Charge: pre-tax restructuring charge for the period ended December 31, 2023 of approximately $13 million
  - Headcount: headcount reductions
  source text: The Company expects to record a pre-tax restructuring charge for the period ended December 31, 2023 of approximately $13 million which is primarily employee termination and benefit costs.
  evidence_url: https://www.sec.gov/Archives/edgar/data/712034/000095017024008739/0000950170-24-008739-index.htm

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