---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-023068"
form_type: "8-K"
ticker: "FUL"
cik: "0000039368"
company_name: "FULLER H B CO"
filed_at: "2022-09-26T23:59:59+00:00"
generated_at: "2026-06-23T07:33:57.435114+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Celeste Mastin appointed H.B. Fuller President & CEO effective Dec. 4, succeeding Jim Owens

## Summary
- Jim Owens retires as President and CEO effective Dec 3, 2022; will assist transition through Dec 31.
- Celeste Mastin, currently EVP & COO, becomes President and CEO on Dec 4, 2022, and joins the Board.
- Mastin receives $950K base salary, target STI of 120% of base, max 240%, and LTI valued at 375% of base ($3.56M).
- Owens led H.B. Fuller for 12 years, tripling revenue and market value, shifting portfolio to electronics, solar, EV.
- Succession follows multi-year planning process; Mastin previously CEO of PetroChoice and other industrial firms.

## SEC filing metadata
- accession: 0001437749-22-023068
- form_type: 8-K
- ticker: FUL
- cik: 0000039368
- company_name: FULLER H B CO
- filed_at: 2022-09-26T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/39368/000143774922023068/0001437749-22-023068-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/39368/000143774922023068/ful20220925_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-023068
- JSON: https://secwatch.observer/filing/0001437749-22-023068.json
- Plain text: https://secwatch.observer/filing/0001437749-22-023068.txt

## Key facts
- Executive change
  James J. Owens departed as President and Chief Executive Officer at FULLER H B CO.
  - Action: retire
  - Role: President and Chief Executive Officer
  source text: James J. Owens will retire from both the Board of Directors of the Company and the position of President and Chief Executive Officer of the Company, effective December 3, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/39368/000143774922023068/0001437749-22-023068-index.htm
- Executive change
  Celeste B. Mastin was appointed as President and Chief Executive Officer at FULLER H B CO.
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: Celeste B. Mastin has been appointed President and Chief Executive Officer of the Company, effective December 4, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/39368/000143774922023068/0001437749-22-023068-index.htm
- Executive change
  Celeste B. Mastin was elected as Director at FULLER H B CO.
  - Action: elected
  - Role: Director
  source text: Ms. Mastin has also been elected to the Board of Directors of the Company, effective December 4, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/39368/000143774922023068/0001437749-22-023068-index.htm

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