secwatch.observer — SEC 8-K summary
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Issuer:     NEWELL BRANDS INC. (NWL)
CIK:        0000814453
Form:       8-K
Filed at:   2022-12-12T23:59:59+00:00
Accession:  0001193125-22-302341
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Newell Brands appoints Mark Erceg as CFO; Chris Peterson remains President
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- Mark Erceg appointed CFO effective Jan 9, 2023; succeeds Chris Peterson who continues as President.
- Erceg was previously CFO of Cerner, Tiffany & Co., Canadian Pacific Railway, and Masonite.
- Compensation: $800k base, 120% target bonus, $3.6M LTIP target, $1M sign-on stock options (cliff vest 5 yrs).
- No changes to Peterson's compensation or role as President.
- Erceg reports to Peterson; both report to CEO Ravi Saligram.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/814453/000119312522302341/0001193125-22-302341-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/814453/000119312522302341/d434473d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-302341

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer