Patrick H. Buchenroth
As a result of this decision, Mr. Buchenroth will be resigning from his position as Executive Vice President and President, Americas effective July 1, 2025, and leaving the Company on August 1, 2025
Highest-materiality recent filing
ACCO Brands shareholders approve incentive plan amendment adding 4.1M shares; all directors elected
Plan amendment increases share reserve by 4.1M and eliminates fungible share counting for new awards.
ACCO Brands Q1 net sales +8% to $344M; adj EPS $0.02 vs -$0.02 prior year; reaffirms FY outlook
Net sales $343.7M (+8.3% YoY); adjusted EPS $0.02 vs ($0.02) loss prior year, above outlook.
ACCO Brands reports FY2025 net sales down 8.5%; guides FY2026 adjusted EPS $0.84-$0.89
Full-year reported net sales $1.525B (-8.5% YoY); adjusted EPS $0.84, in line with outlook.
ACCO Brands Q3 net sales $384M (-8.8% YoY); adj. EPS $0.21 vs $0.23
Gross margin expanded 50 bps; multi-year cost program has delivered >$50M savings to date.
ACCO Brands Q2 net sales down 9.9% to $395M, adj EPS $0.28; credit covenant amended
Net sales $394.8M, down 9.9% YoY; adjusted EPS $0.28 vs $0.37.
ACCO Brands appoints Kathryn Ingraham as General Counsel; Pamela Schneider to retire Aug 4
Pamela R. Schneider's resignation as SVP, General Counsel and Corporate Secretary accepted, effective August 4, 2025.
ACCO Brands eliminates two EVP roles; names new presidents for North America and International
Patrick Buchenroth (EVP/President Americas) resigns July 1, 2025; leaves company Aug 1, 2025.
ACCO Brands shareholders approve all proposals, increase share reserve by 4.55M
Nine directors elected with majority support; highest vote for Kathleen Dvorak (66.4M for).
ACCO Brands Q1 net sales down 11.6% to $317M; adj loss $0.02/share; withdraws FY outlook
Net sales $317.4M (-11.6% YoY); comparable sales -8.3%; gross margin +60 bps.
ACCO Brands reports FY2024 net sales down 9.1%; provides cautious 2025 outlook
Net sales $1.67B (-9.1% YoY); net loss $101.6M ($1.06 loss per share) due to $165.2M impairment charges.
Q3 net sales $420.9M (-6.0% YoY); net income $9.3M ($0.09 EPS); adjusted EPS $0.23.
ACCO Brands Q2 net sales down 11.2% to $438M; adjusted EPS $0.37 beats outlook
Operating loss of $111.2M includes $165.2M non-cash goodwill/intangible impairment in Americas.
ACCO Brands 2024 Annual Meeting results: directors elected, auditor ratified, say-on-pay approved
All nine director nominees elected with at least 70.1M votes in favor; no single nominee received less than 70.1M for.
ACCO Brands Q1 net sales down 11% to $359M; adjusted EPS $0.03; FY adj EPS guide $1.02-$1.07
Net sales $358.9M, down 10.9% YoY; comparable sales down 11.3%. Gross margin expanded 120 bps.
ACCO Brands reports new two-segment structure; historical data restated
Segments effective Jan 1, 2024: Americas (US, Canada, Brazil, Mexico, Chile) and International (EMEA, Australia, New Zealand, Asia).
ACCO Brands Q4 adj. EPS $0.39 beats outlook; FY23 adj. EPS $1.09; 2024 guidance $1.07-$1.11
FY23 net sales $1.833B (-5.9% YoY); Q4 net sales $488.6M (-2.2% YoY).
ACCO Brands Chairman/CEO Boris Elisman to fully retire March 31; new independent chairman appointed
Boris Elisman notified Board on Feb 9, 2024 of full retirement effective March 31, 2024.
Program targets $60M+ annualized pre-tax savings via headcount cuts, supply chain optimization, and footprint rationalization.
ACCO Brands to close Sidney NY facility, record $9M restructuring charge in Q4 2023
Plan to close Sidney, NY facility affecting ~300 employees; manufacturing outsourced, distribution moved to Booneville, MS.
ACCO Brands appoints Elizabeth A. Simermeyer to board of directors
Elizabeth A. Simermeyer elected to ACCO Brands board effective December 5, 2023.
ACCO Brands Q3: sales down 7.7% to $448M; adj. EPS $0.24; gross margin +400bps; FY outlook trimmed
Net sales $448.0M (-7.7% YoY); comparable sales -9.9%; FX added 2.2%.
ACCO Brands approves CEO Tedford's compensation: $850k salary, $900k LTIP, effective Oct 1
Thomas W. Tedford named President and CEO effective Oct 1, 2023; annual salary $850k, target AIP 120% of salary.
Q2 net sales of $493.6M, down 5.3% YoY; adjusted operating income up 14% to $66.2M.
ACCO Brands shareholders approve 8.275M share increase in incentive plan, elect directors
Stockholders approved amendment to 2022 Incentive Plan, increasing shares available for grant by 8,275,000.
ACCO Brands Q1 sales $403M above outlook; adj. EPS $0.09 beats; reaffirms FY23 guidance
Net sales $402.6M, down 8.8% YoY but above company outlook; gross margin improved 250 bps.
ACCO Brands announces Q4 2022 results; no financial details in filing
Company reported results for quarter ended December 31, 2022, on February 23, 2023.
ACCO Brands amends bylaws to adopt universal proxy rules, exclusive forum provision
Board approved amended and restated Bylaws effective December 5, 2022.
ACCO Brands amends credit agreement, temporarily raises leverage covenant to 5.00x
Sixth Amendment to Credit Agreement executed Nov 7, 2022; eases leverage constraints through 2023.
ACCO Brands director Gina Boswell resigns to become CEO of Bath & Body Works
Gina Boswell notified ACCO Brands on Nov 2, 2022 of her resignation from the Board.
ACCO Brands lowers FY22 guidance; expects Q3 goodwill impairment
FY22 net sales outlook cut to $1.94-1.98B from $2.015-2.055B; adjusted EPS to $1.05-1.10 from $1.39-1.44.
ACCO Brands appoints Joseph B. Burton to Board of Directors, effective August 12, 2022
Joseph B. Burton elected immediately; expected candidate for 2023 Annual Meeting of Stockholders.
ACCO Brands reports Q2 2022 results; no financial data in filing text
Period ended June 30, 2022 results announced on August 8, 2022.
ACCO Brands stockholders approve 2022 Incentive Plan and elect all nine directors at annual meeting
Nine director nominees elected; Ron Lombardi received the most votes against (5.8M).
ACCO Brands Q1 sales +7.6% to $441.6M; adj EPS $0.11; raises FY outlook
Net sales $441.6M (+7.6% reported, +11.2% comparable); all segments posted comparable sales growth.
ACCO Brands appoints Deborah O'Connor as CFO, effective April 4, 2022; Fenwick retires
Deborah O'Connor named EVP and CFO, succeeding Neal Fenwick who steps down and serves as advisor until August 2022.
ACCO Brands elects Gina Boswell as independent director effective March 1, 2022
Boswell previously served as President, Customer Development for Unilever U.S.A. until 2019.
ACCO Brands reports record FY sales $2.03B, adj. EPS $1.41; CFO Fenwick plans retirement
FY net sales $2.03B (+22.4%); adj. EPS $1.41 (+48.4%); free cash flow $138.4M.
ACCO Brands Q3: sales $527M (+19%), EPS $0.21; dividend raised 15.4% to $0.075
Q3 net sales $526.7M, up 18.6% YoY; comparable sales up 4.3%.
ACCO Brands names Tom Tedford President and COO; hires Roxanne Bernstein to lead North America
Tom Tedford promoted to President and COO effective September 1, 2021; reports to CEO Boris Elisman.
ACCO Brands Q2 2021 net sales up 41% YoY to $518M; EPS $0.50 vs $0.06
GAAP EPS $0.50, adjusted EPS $0.43, vs $0.06 and $0.18 in prior year.
As a result of this decision, Mr. Buchenroth will be resigning from his position as Executive Vice President and President, Americas effective July 1, 2025, and leaving the Company on August 1, 2025
Mr. Monko will be resigning from his position as Executive Vice President and President, International effective December 31, 2025
On February 9, 2024, Mr. Elisman notified the Board of his intention to fully retire and resign as a Director and Executive Chairman of the Board effective March 31, 2024.
Mr. Thomas Kroeger, the Company's Lead Independent Director, will step down from this role effective April 1, 2024 and will continue to serve as a Director until the 2024 Annual Meeting.
has appointed Mr. E. Mark Rajkowski to serve as independent Chairman of the Board effective April 1, 2024.
In connection with Mr. Monko’s appointment as Executive Vice President and President, International, on January 29, 2024, ACCO Brands Corporation’s Polish subsidiary, Esselte Polska Sp. z o.o. ("Esselte Polska") entered into an Employment Contract with Mr. Monko, (the "Employment Contract").
elected Elizabeth A. Simermeyer as a director of the Company effective immediately.
Compensation of Boris Elisman as Executive Chairman, effective October 1, 2023
Compensation of Thomas W. Tedford as President and Chief Executive Officer, effective October 1 , 2023
On August 4, 2023, the Board appointed Thomas W. Tedford to succeed Boris Elisman as CEO effective October 1, 2023.
On August 4, 2023, Boris Elisman, Chairman and Chief Executive Officer, notified the Board of Directors (the "Board") of ACCO Brands Corporation (the "Company") of his intention to resign as Chief Executive Officer ("CEO") of the Company effective October 1, 2023, and his intention not to stand for re-election to the Board at the Company's 2024 Annual Meeting of Stockholders.
The Board also appointed Mr. Tedford to the Company’s Board of Directors effective when he becomes CEO on October 1, 2023.
Max materiality 0.90 · Median 0.65 · Most common event earnings