secwatch.observer — SEC 8-K summary
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Issuer:     UNION PACIFIC CORP (UNP)
CIK:        0000100885
Form:       8-K
Filed at:   2023-07-26T23:59:59+00:00
Accession:  0001437749-23-020718
Event type: leadership
Sentiment:  positive
Materiality: 0.80
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Union Pacific names Jim Vena CEO, Beth Whited President; adds two directors, new safety committee
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- Vena (former COO) becomes CEO effective Aug 14; Fritz steps down.
- Whited named President; she was EVP Sustainability & Strategy.
- Mike McCarthy elected Board Chair; Sheri Edison chairs Governance committee; Jane Lute chairs new Safety & Service Quality Committee.
- Two new board members: Doyle Simons (ex-Weyerhaeuser CEO) and John Wiehoff (ex-C.H. Robinson CEO) effective immediately.
- Vena base salary $1.25M, bonus target $2.25M; Whited base $800k, bonus target $1M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/100885/000143774923020718/0001437749-23-020718-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/100885/000143774923020718/unp20230726_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-020718

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