Brendan Hoffman promoted to President and CEO of Wolverine World Wide, effective Jan 2, 2022

WOLVERINE WORLD WIDE INC /DE/

New base salary of $1,000,000 per annum; target short-term incentive at 120% of base salary.
Severance of 18 months base salary if terminated without cause or for good reason, offset by other compensation.
COBRA coverage for 18 months; outplacement assistance for 12 months.
Performance-based awards vest pro-rata upon qualifying termination.

item 5.02 item 9.01

Executive movements

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Role change

Brendan Hoffman

President and Chief Executive Officer

WWW · WOLVERINE WORLD WIDE INC /DE/

Effective: 2022-01-02
Filed: December 23, 2021, 6:59 PM ET

Mr. Hoffman shall serve as the President and Chief Executive Officer of the Company

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Brendan Hoffman changed role as President and Chief Executive Officer at WOLVERINE WORLD WIDE INC /DE/.

Action: promoted
Role: President and Chief Executive Officer

Exact text from the filing

Mr. Hoffman shall serve as the President and Chief Executive Officer of the Company

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Source: SEC EDGAR

accession 0001140361-21-042930

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