---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-253865"
form_type: "8-K"
ticker: "SHW"
cik: "0000089800"
company_name: "SHERWIN WILLIAMS CO"
filed_at: "2023-10-11T23:59:59+00:00"
generated_at: "2026-06-10T01:55:50.052284+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Sherwin-Williams names Heidi Petz as next CEO; Morikis to become Executive Chairman

## Summary
- John G. Morikis retiring as CEO effective Dec 31, 2023; will remain Executive Chairman.
- Heidi G. Petz, current President/COO, elected CEO effective Jan 1, 2024; also joined Board.
- Board expanded from 10 to 11 members; Petz elected director effective Oct 10, 2023.
- Petz's compensation: base salary $1.3M, target bonus 160% of salary, 44,100 stock options.

## SEC filing metadata
- accession: 0001193125-23-253865
- form_type: 8-K
- ticker: SHW
- cik: 0000089800
- company_name: SHERWIN WILLIAMS CO
- filed_at: 2023-10-11T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/89800/000119312523253865/0001193125-23-253865-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/89800/000119312523253865/d555860d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-253865
- JSON: https://secwatch.observer/filing/0001193125-23-253865.json
- Plain text: https://secwatch.observer/filing/0001193125-23-253865.txt

## Key facts
- Executive change
  Heidi G. Petz was elected as Chief Executive Officer at SHERWIN WILLIAMS CO.
  - Action: elected
  - Role: Chief Executive Officer
  source text: the Board of Directors (the "Board") of Sherwin-Williams elected Heidi G. Petz, age 48, to serve as Chief Executive Officer of Sherwin-Williams, effective January 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/89800/000119312523253865/0001193125-23-253865-index.htm
- Executive change
  Heidi G. Petz was elected as Director at SHERWIN WILLIAMS CO.
  - Action: elected
  - Role: Director
  source text: the Board increased its size from ten to eleven members and elected Ms. Petz to fill the resulting vacancy, effective October 10, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/89800/000119312523253865/0001193125-23-253865-index.htm
- Executive change
  John G. Morikis changed role as Executive Chairman at SHERWIN WILLIAMS CO.
  - Action: retired as Chief Executive Officer
  - Role: Executive Chairman
  source text: John G. Morikis, Chairman and Chief Executive Officer of The Sherwin-Williams Company ("Sherwin-Williams"), notified Sherwin-Williams that he has decided to retire from his position as Chief Executive Officer, effective as of the close of business on December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/89800/000119312523253865/0001193125-23-253865-index.htm

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