Scott Mezvinsky was elected as Director at VALVOLINE INC.
“Katherine Fogertey and Scott Mezvinsky be elected to the Board, effective July 22, 2026.”
VALVOLINE INC — fact timeline
Source-grounded facts extracted from VALVOLINE INC's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Katherine Fogertey was elected as Director at VALVOLINE INC.
“Katherine Fogertey and Scott Mezvinsky be elected to the Board, effective July 22, 2026.”
VALVOLINE INC updated its second quarter ended March 31, 2026 guidance (raised).
“On May 7, 2026, Valvoline Inc. (“Valvoline”) issued a press release ("Earnings Release") announcing its financial results for the second quarter ended March 31, 2026.”
VALVOLINE INC amended Incremental Amendment with The Bank of Nova Scotia valued at $740 million (effective 2025-12-01).
“On December 1, 2025 (the “Closing Date”), Valvoline Inc. (“Valvoline”) entered into an Incremental Amendment (the “Amendment”) among Valvoline, certain subsidiaries of Valvoline party thereto as guarantors, The Bank of Nova Scotia, as administrative agent (in such capacity, the “Administrative Agent”), and the lenders party thereto, which Amendment amended that certain Credit Agreement”
VALVOLINE INC incurred term loan of $740 million with The Bank of Nova Scotia at adjusted term SOFR plus 2.000% per annum maturing seventh anniversary of the Closing Date.
“The Amendment, among other things, provides for the establishment of a new $740 million incremental senior secured term loan B credit facility (the “Incremental Term Facility”), which was made available in a single drawing on the Closing Date, and which has a maturity date of the seventh anniversary of the Closing Date.”
J. Kevin Willis was appointed as Chief Financial Officer at VALVOLINE INC.
“the Board of Directors of Valvoline has appointed J. Kevin Willis, as Chief Financial Officer of the Company, effective May 19, 2025.”
Mary E. Meixelsperger retired as Chief Financial Officer at VALVOLINE INC.
“Mr. Willis succeeds Mary E. Meixelsperger, who previously announced her intention to retire in October 2024.”
VALVOLINE INC reported fiscal second quarter ended March 31, 2024 results: revenue $389 million, net income $43 million, EPS $0.33.
“Valvoline Inc. Reports Second Quarter Results Delivers 7.7% system-wide SSS growth and 38 net store additions • Sales from continuing operations of $389 million grew 13%, driven by system-wide same store sales (SSS) growth of 7.7% • Reported income from continuing operations of $43 million grew 32% and earnings per diluted share (EPS) of $0.33 increased 74%”
VALVOLINE INC reported first quarter of fiscal 2024, which ended December 31, 2023 results: revenue $373 million, net income $34 million, EPS $0.26.
“• Sales from continuing operations of $373 million grew 12%, driven by system-wide same store sales (SSS) growth of 7.1% • Reported income from continuing operations of $34 million grew 26% and earnings per diluted share (EPS) of $0.26 increased 73%”
VALVOLINE INC shareholders approved Non-binding advisory vote on frequency of executive compensation votes (every year) at the 2024-01-25 meeting.
“Proposal 3: The non-binding advisory vote that shareholders vote on Valvoline’s executive compensation every year was approved by the shareholders by the votes set forth in the table below:”
VALVOLINE INC shareholders approved Ratification of Independent Registered Public Accounting Firm for fiscal 2024 at the 2024-01-25 meeting.
“Proposal 2: The appointment of Ernst & Young LLP as Valvoline’s independent registered public accounting firm for fiscal 2024 was ratified by the shareholders by the votes set forth in the table below:”
VALVOLINE INC shareholders approved Election of Directors at the 2024-01-25 meeting.
“Proposal 1: All of the nominees for director were elected to serve a one-year term until the following annual meeting of Valvoline’s shareholders and until their successors have been duly elected and qualified, by the votes set forth in the table below:”
VALVOLINE INC reported fiscal year ended September 30, 2023 results: revenue $1.4 billion, net income $199 million, EPS $1.23.
“Sales from continuing operations of $1.4 billion grew 17%, while system-wide same-store sales (SSS) increased 11.9%”
VALVOLINE INC reported fourth fiscal quarter ended September 30, 2023 results: revenue $390 million, net income $75 million, EPS $0.53.
“Sales from continuing operations of $390 million grew 16%, while system-wide SSS increased 10.0%”
Lori A. Flees was elected as Director at VALVOLINE INC.
“the Board also approved the recommendation of the Governance & Nominating Committee of the Board that Ms. Flees be elected to the Board, effective October 1, 2023.”
Lori A. Flees was appointed as Chief Executive Officer at VALVOLINE INC.
“The Board has appointed Lori A. Flees, the Company’s President, Retail Services, to succeed Mr. Mitchell as CEO, effective October 1, 2023.”
Samuel J. Mitchell, Jr. departed as Director at VALVOLINE INC.
“Samuel J. Mitchell, Jr., the Company’s Chief Executive Officer (“CEO”) and a member of the Board of Directors (the “Board”), notified the Company’s Board on August 3, 2023 of his intention to retire as CEO and as a member of the Board, effective as of the close of business on September 30, 2023.”
Samuel J. Mitchell, Jr. departed as Chief Executive Officer at VALVOLINE INC.
“Samuel J. Mitchell, Jr., the Company’s Chief Executive Officer (“CEO”) and a member of the Board of Directors (the “Board”), notified the Company’s Board on August 3, 2023 of his intention to retire as CEO and as a member of the Board, effective as of the close of business on September 30, 2023.”
Patrick Pacious was elected as Director at VALVOLINE INC.
“On July 11, 2023, the Board of Directors (the “ Board ”) of Valvoline Inc. (the “ Company ”) approved the recommendation of the Governance & Nominating Committee of the Board that Patrick Pacious be elected to the Board, effective July 11, 2023.”
VALVOLINE INC reported the fiscal second quarter ended March 31, 2023 results: revenue $344.5 million, net income $32.9 million, EPS $0.19.
“• Intend to commence a modified “Dutch auction” tender offer for up to $1 billion of Valvoline common stock, subject to market conditions • Sales from continuing operations of $344.5 million grew 16% and 19% on an adjusted basis 1 , while system-wide same store sales (SSS) increased 13.5% • Reported income from continuing operations of $32.9 million grew 43% and”
VALVOLINE INC shareholders approved Non-binding advisory resolution approving the frequency of the advisory Say on Pay vote at the 2023-01-26 meeting.
“shareholders were asked to vote on a non-binding advisory resolution approving the frequency of the advisory Say on Pay vote. As previously reported, more than 96% of the shares of Valvoline common stock voted at the Annual Meeting were voted in favor of holding the advisory Say on Pay vote on an annual basis.”
VALVOLINE INC completed a disposition involving Gateway Velocity Holding Corp. for $2.65 billion in cash (closed 2023-03-01).
“On March 1, 2023, Valvoline completed the Transaction. The purchase price is $2.65 billion in cash, subject to certain customary adjustments as set forth in the Purchase Agreement.”
Dione R. Sturgeon was appointed as Chief Accounting Officer and Controller at VALVOLINE INC.
“Effective March 1, 2023, the Board of Directors of Valvoline appointed Dione R. Sturgeon, age 45, as Chief Accounting Officer and Controller of Valvoline.”
Michael S. Ryan resigned as Chief Accounting Officer at VALVOLINE INC.
“On March 1, 2023, Jamal K. Muashsher, Valvoline’s Senior Vice President and President, Global Products; Thomas A. Gerrald II, Valvoline’s Senior Vice President and Chief Supply Chain Officer; and Michael S. Ryan, Valvoline’s Chief Accounting Officer, each resigned as executive officers of Valvoline to assume roles with VGP in connection with the Transaction.”
Thomas A. Gerrald II resigned as Senior Vice President and Chief Supply Chain Officer at VALVOLINE INC.
“On March 1, 2023, Jamal K. Muashsher, Valvoline’s Senior Vice President and President, Global Products; Thomas A. Gerrald II, Valvoline’s Senior Vice President and Chief Supply Chain Officer; and Michael S. Ryan, Valvoline’s Chief Accounting Officer, each resigned as executive officers of Valvoline to assume roles with VGP in connection with the Transaction.”
Jamal K. Muashsher resigned as Senior Vice President and President, Global Products at VALVOLINE INC.
“On March 1, 2023, Jamal K. Muashsher, Valvoline’s Senior Vice President and President, Global Products; Thomas A. Gerrald II, Valvoline’s Senior Vice President and Chief Supply Chain Officer; and Michael S. Ryan, Valvoline’s Chief Accounting Officer, each resigned as executive officers of Valvoline to assume roles with VGP in connection with the Transaction.”
VALVOLINE INC reported fiscal first quarter ended December 31, 2022 results: revenue $332.8 million, net income $27.0 million, EPS $0.15. Guidance reaffirmed.
“year 2023 with $1.6 billion of the net cash proceeds expected to be returned via share repurchases in the 18 months following close • Sales from continuing operations of $332.8 million grew 16%, while system-wide same store sales (SSS) increased 11.9% • Reported income from continuing operations of $27.0 million declined 21% and earnings per diluted share (EPS)”
VALVOLINE INC shareholders approved Non-binding advisory vote on the frequency of future advisory votes on executive compensation at the 2023-01-26 meeting.
“Proposal 4: The non-binding advisory vote that shareholders vote on Valvoline’s executive compensation every year was approved by the shareholders by the votes set forth in the table below: 1 Year 2 Years 3 Years Abstain Broker Non-Vote 145,193,665 1,209,198 4,118,497 567,076 9,566,491”
VALVOLINE INC shareholders approved Non-binding advisory resolution approving the compensation paid to named executive officers at the 2023-01-26 meeting.
“Proposal 3: The non-binding advisory resolution approving the compensation paid to Valvoline’s named executive officers, as disclosed in Valvoline’s Proxy Statement pursuant to Item 402 of Regulation S-K, including the Compensation Discussion and Analysis, compensation tables and narrative discussion, was approved by the shareholders by the votes set forth in the table below: For Against Abstain Broker Non-Vote 147,391,328 3,302,528 394,580 9,566,491”
VALVOLINE INC shareholders approved Ratification of appointment of Ernst & Young LLP as independent registered public accounting firm for fiscal 2023 at the 2023-01-26 meeting.
“Proposal 2: The appointment of Ernst & Young LLP as Valvoline’s independent registered public accounting firm for fiscal 2023 was ratified by the shareholders by the votes set forth in the table below: For Against Abstain Broker Non-Vote 159,276,563 1,110,394 267,970 0”
VALVOLINE INC shareholders approved Election of Directors at the 2023-01-26 meeting.
“Proposal 1: All of the nominees for director were elected to serve a one-year term until the following annual meeting of Valvoline’s shareholders and until their successors have been duly elected and qualified, by the votes set forth in the table below: Nominees For Against Abstain Broker Non-Vote Gerald W. Evans, Jr. 149,120,039 1,747,382 221,015 9,566,491 Richard J. Freeland 149,137,379 1,738,255 212,802 9,566,491 Carol H. Kruse 149,129,209 1,749,191 210,036 9,566,491 Vada O. Manager 148,875,534 1,998,253 214,649 9,566,491 Samuel J. Mitchell, Jr. 150,097,892 779,701 210,843 9,566,491 Jennifer L. Slater 149,875,301 908,236 304,899 9,566,491 Charles M. Sonsteby 149,081,693 1,786,893 219,850 9,566,491 Mary J. Twinem 149,000,239 1,870,056 218,141 9,566,491”
VALVOLINE INC amended Amendment to Tax Matters Agreement with Ashland Inc. valued at Amendment to Tax Matters Agreement dated September 22, 2016 (effective 2023-01-13).
“On January 13, 2023, Valvoline Inc., a Kentucky corporation (“ Valvoline ”) and Ashland Inc. (f/k/a Ashland Global Holdings Inc.), a Delaware corporation (“Ashland”) entered into an Amendment, dated as of January 13, 2023 (the “Amendment”) to the Tax Matters Agreement, dated as of September 22, 2016, between Valvoline and Ashland (the “ Tax Matters Agreement ”).”
VALVOLINE INC amended credit facility of $950 million with The Bank of Nova Scotia and other lenders at Initial interest rate at adjusted Term SOFR plus 2.00% per annum (or alternate b maturing Five years.
“the Amendment and Restatement Agreement, the “ Amended and Restated Credit Agreement ”). The Amended and Restated Credit Agreement provides for an aggregate principal amount of $950 million in senior secured credit facilities (the “ Valvoline Credit Facilities ”), comprised of (i) a five-year $475 million term loan A facility (the “ Term Loan Facility ”) and (ii) a”
Stephen E. Macadam departed as Director at VALVOLINE INC.
“On December 7, 2022, Stephen E. Macadam notified the Board of Directors (the “Board”) of Valvoline of his intention not to stand for reelection upon expiration of his term as a Director at Valvoline’s 2023 Annual Meeting of Shareholders due to other commitments which would make it difficult for him to devote the time necessary to fulfill his duties as a director of Valvoline.”
VALVOLINE INC updated its fiscal year 2023 guidance (initiated).
“Provides fiscal 2023 guidance for continuing operations adjusted EBITDA of $370 million - $390 million”
VALVOLINE INC reported fiscal fourth quarter ended September 30, 2022 (continuing operations) results: revenue $335.4 million, net income $12.4 million.
“Continuing operations sales of $335.4 million increased 14%, reported net income of $12.4 million decreased 90%”
VALVOLINE INC reported fiscal year ended September 30, 2022 (continuing operations) results: revenue $1.2 billion, net income $109.4 million.
“Continuing operations net revenues of $1.2 billion increased 19%, reported net income of $109.4 million decreased 45%”
VALVOLINE INC reported fiscal fourth quarter ended September 30, 2022 results: net income $157.7 million, EPS $0.88.
“Reported net income of $157.7 million declined 7% and EPS of $0.88 decreased 4%”
VALVOLINE INC reported fiscal year ended September 30, 2022 results: net income $424.3 million, EPS $2.35.
“Reported net income of $424.3 million grew 1% and earnings per diluted share (EPS) of $2.35 grew 3%”
Jennifer Slater was elected as Director at VALVOLINE INC.
“On April 21, 2022, the Board approved the recommendation of the Governance & Nominating Committee of the Board that Jennifer Slater be elected to the Board, effective July 1, 2022.”
Stephen F. Kirk departed as Director at VALVOLINE INC.
“On April 21, 2022, Stephen F. Kirk announced his decision to retire from the Board of Directors (the “ Board ”) of Valvoline Inc. (the “ Company ”), effective as of the close of business on June 30, 2022.”
Thomas A. Gerrald was appointed as Senior Vice President and Chief Supply Chain Officer at VALVOLINE INC.
“Thomas A. Gerrald, the Company’s Senior Vice President, Global Products – North America, has been appointed as the Company’s Senior Vice President and Chief Supply Chain Officer to succeed Mr. Moughler, effective as of October 4, 2021.”
Craig A. Moughler departed as Senior Vice President and Chief Supply Chain Officer at VALVOLINE INC.
“Craig A. Moughler, Senior Vice President and Chief Supply Chain Officer of Valvoline Inc. (“ Valvoline ” or the “ Company ”), informed Valvoline of his intention to retire from the Company, effective as of October 31, 2021.”
Matt Furcolo was appointed as interim Lead of Retail Services at VALVOLINE INC.
“Matt Furcolo, Vice President of Operations for Valvoline’s Retail Services business, has been appointed as the Company’s interim Lead of Retail Services, effective as of Mr. Puckett’s retirement.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.