secwatch.observer — SEC 8-K summary
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Issuer:     SHERWIN WILLIAMS CO (SHW)
CIK:        0000089800
Form:       8-K
Filed at:   2024-11-14T23:59:59+00:00
Accession:  0001193125-24-258598
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Executive Chairman Morikis to retire Dec 31; CEO Petz named Chair effective Jan 1
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- John G. Morikis retires as Executive Chairman Dec 31, 2024, ends board term at 2025 annual meeting.
- Heidi G. Petz (President & CEO since Jan 2024) elected Chair of the Board effective Jan 1, 2025.
- Principal accounting officer Jane M. Cronin retires Dec 31; J. Paul Lang succeeds as SVP Enterprise Finance & CAO.
- Lang's base salary $400k, target bonus 45% of salary, max 90%, with standard change-in-control severance.
- Morikis will serve as non-employee director from Jan 1 until 2025 annual meeting; no disagreement with board.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/89800/000119312524258598/0001193125-24-258598-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/89800/000119312524258598/d872214d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-258598

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