secwatch.observer — SEC 8-K summary
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Issuer:     SHERWIN WILLIAMS CO (SHW)
CIK:        0000089800
Form:       8-K
Filed at:   2023-10-11T23:59:59+00:00
Accession:  0001193125-23-253865
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/89800/000119312523253865/0001193125-23-253865-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/89800/000119312523253865/d555860d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-253865

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