Sherwin-Williams appoints Heidi Petz as President & COO effective March 1, 2022

SHERWIN WILLIAMS CO

Heidi Petz promoted from President, The Americas Group to President & COO; reports to CEO John Morikis.
Salary raised to $800,000; target bonus 100% of salary; granted 4,500 PRSUs vesting Feb 2025.
Justin Binns named President, The Americas Group; Karl Jorgenrud named President, Performance Coatings Group.
Petz joined Sherwin-Williams via 2017 Valspar acquisition; previously held senior marketing and consumer roles.
Board highlights internal talent depth and succession planning as rationale for promotions.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Justin T. Binns

President, The Americas Group

SHW · SHERWIN WILLIAMS CO

Effective: 2022-03-01
Successor: Karl J. Jorgenrud
Filed: February 17, 2022, 6:59 PM ET

Sherwin-Williams also announced that, effective March 1, 2022, the Board has elected Justin T. Binns as President, The Americas Group, succeeding Ms. Petz, and Karl J. Jorgenrud as President, Performance Coatings Group, succeeding Mr. Binns.

Role change

Heidi G. Petz

President and Chief Operating Officer

SHW · SHERWIN WILLIAMS CO

Effective: 2022-03-01
Successor: Justin T. Binns
Filed: February 17, 2022, 6:59 PM ET

The Sherwin-Williams Company (“Sherwin-Williams”) announced that, on February 16, 2022, its Board of Directors (the “Board”) elected Heidi G. Petz to the position of President and Chief Operating Officer effective March 1, 2022.

Appointed

Karl J. Jorgenrud

President, Performance Coatings Group

SHW · SHERWIN WILLIAMS CO

Effective: 2022-03-01
Filed: February 17, 2022, 6:59 PM ET

Sherwin-Williams also announced that, effective March 1, 2022, the Board has elected Justin T. Binns as President, The Americas Group, succeeding Ms. Petz, and Karl J. Jorgenrud as President, Performance Coatings Group, succeeding Mr. Binns.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Justin T. Binns was elected as President, The Americas Group at SHERWIN WILLIAMS CO.

Action: elected
Role: President, The Americas Group

Exact text from the filing

Sherwin-Williams also announced that, effective March 1, 2022, the Board has elected Justin T. Binns as President, The Americas Group, succeeding Ms. Petz, and Karl J. Jorgenrud as President, Performance Coatings Group, succeeding Mr. Binns.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Heidi G. Petz was elected as President and Chief Operating Officer at SHERWIN WILLIAMS CO.

Action: elected
Role: President and Chief Operating Officer

Exact text from the filing

The Sherwin-Williams Company (“Sherwin-Williams”) announced that, on February 16, 2022, its Board of Directors (the “Board”) elected Heidi G. Petz to the position of President and Chief Operating Officer effective March 1, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Karl J. Jorgenrud was elected as President, Performance Coatings Group at SHERWIN WILLIAMS CO.

Action: elected
Role: President, Performance Coatings Group

Exact text from the filing

Sherwin-Williams also announced that, effective March 1, 2022, the Board has elected Justin T. Binns as President, The Americas Group, succeeding Ms. Petz, and Karl J. Jorgenrud as President, Performance Coatings Group, succeeding Mr. Binns.

View on SEC.gov

SHERWIN WILLIAMS CO filing history →

Source: SEC EDGAR

accession 0001193125-22-045466

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