secwatch / observer

WHIRLPOOL CORP /DE/ — fact timeline

Source-grounded facts extracted from WHIRLPOOL CORP /DE/'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

WHR WHIRLPOOL CORP /DE/ JSON
Material Agreements

WHIRLPOOL CORP /DE/ amended First Supplemental Indenture with U.S. Bank Trust Company, National Association (effective 2026-06-18).

“On June 18, 2026, Whirlpool Finance Luxembourg S.à r.l. (the “Issuer”) entered into a supplemental indenture (the “First Supplemental Indenture”), among the Issuer, as issuer, Whirlpool Corporation, as parent (the “Company”), and U.S. Bank Trust Company, National Association, as successor-in-interest to U.S. Bank National Association, as trustee (the “Trustee”), to the indenture, dated as of November 2, 2016 (the “Indenture”), relating to the 1.100% Notes due 2027”
Debt Financings

WHIRLPOOL CORP /DE/ incurred credit facility of not specified in the filing with JPMorgan Chase Bank, N.A. at not specified maturing not specified.

“On June 16, 2026, the Company entered into an ABL Credit and Guaranty Agreement (the “ABL Credit Agreement”) by and among the Company, certain other borrowers and guarantors, the lenders referred to therein, and JPMorgan Chase Bank, N.A., as Administrative Agent.”
Debt Financings

WHIRLPOOL CORP /DE/ incurred senior notes of $1.0 billion with U.S. Bank Trust Company, National Association at 7.875% per annum maturing July 1, 2034.

“On June 16, 2026, Whirlpool Corporation (the “Company”) issued $1.0 billion in aggregate principal amount of its 7.500% Senior Secured Second Lien Notes due 2031 (the “2031 Notes”) and $1.0 billion in aggregate principal amount of 7.875% Senior Secured Second Lien Notes due 2034 (the “2034 Notes” and, together with the 2031 Notes, the “Notes”).”
Debt Financings

WHIRLPOOL CORP /DE/ incurred senior notes of $1.0 billion with U.S. Bank Trust Company, National Association at 7.500% per annum maturing July 1, 2031.

“On June 16, 2026, Whirlpool Corporation (the “Company”) issued $1.0 billion in aggregate principal amount of its 7.500% Senior Secured Second Lien Notes due 2031 (the “2031 Notes”) and $1.0 billion in aggregate principal amount of 7.875% Senior Secured Second Lien Notes due 2034 (the “2034 Notes” and, together with the 2031 Notes, the “Notes”).”
Material Agreements

WHIRLPOOL CORP /DE/ entered into ABL Credit and Guaranty Agreement with JPMorgan Chase Bank, N.A., as Administrative Agent (effective 2026-06-16).

“On June 16, 2026, the Company entered into an ABL Credit and Guaranty Agreement (the “ABL Credit Agreement”) by and among the Company, certain other borrowers and guarantors, the lenders referred to therein, and JPMorgan Chase Bank, N.A., as Administrative Agent.”
Material Agreements

WHIRLPOOL CORP /DE/ entered into Indenture with U.S. Bank Trust Company, National Association, as trustee and notes collateral agent valued at $1.0 billion and $1.0 billion (effective 2026-06-16).

“On June 16, 2026, Whirlpool Corporation (the “Company”) issued $1.0 billion in aggregate principal amount of its 7.500% Senior Secured Second Lien Notes due 2031 (the “2031 Notes”) and $1.0 billion in aggregate principal amount of 7.875% Senior Secured Second Lien Notes due 2034 (the “2034 Notes” and, together with the 2031 Notes, the “Notes”). The Notes were issued pursuant to an indenture, dated as of June 16, 2026 (the “Indenture”), by and among the Company, the other guarantors party thereto and U.S. Bank Trust Company, National Association, as trustee and notes collateral agent.”
Earnings Releases

WHIRLPOOL CORP /DE/ reported the first quarter of 2026 results: revenue $3,273, net income $(85), EPS $(1.43). Guidance reaffirmed.

“positioned to win with our American-made products.” MARC BITZER, CHAIRMAN AND CHIEF EXECUTIVE OFFICER Earnings Results First Quarter Results 2026 2025* Change Net sales ($M) $3,273 $3,621 (9.6)% Organic net sales ($M) (1) $3,193 $3,399 (6.1)% GAAP net earnings (loss) available to Whirlpool common shareholders ($M) $(85) $71 nm Ongoing EBIT (2) ($M) $44 $214”
Governance Changes

WHIRLPOOL CORP /DE/: Filed Certificate of Designations establishing preferences, limitations and relative rights of Preferred Stock (effective 2026-02-27).

“On February 27, 2026, the Company filed the Certificate of Designations with the Secretary of State of the State of Delaware to establish the preferences, limitations and relative rights of the Preferred Stock. The Certificate of Designations became effective upon filing.”
Material Agreements

WHIRLPOOL CORP /DE/ entered into Deposit Agreement with Computershare Inc. and Computershare Trust Company, N.A. (effective 2026-02-27).

“Also in connection with the Depositary Shares Offering, the Company entered into a deposit agreement (the “Deposit Agreement”), dated February 27, 2026, by and among the Company, Computershare Inc. and Computershare Trust Company, N.A., acting jointly as depositary (the “Depositary”), and the holders from time to time of the depositary receipts (the “Depositary Receipts”), a form of which is included therein (the “Form of Depositary Receipt”).”
Material Agreements

WHIRLPOOL CORP /DE/ entered into Depositary Shares Underwriting Agreement with Wells Fargo Securities, LLC, J.P. Morgan Securities LLC, Citigroup Global Markets Inc. and Scotia Capital (USA) Inc. (effective 2026-02-24).

“On February 24, 2026, the Company entered into an underwriting agreement (the “Depositary Shares Underwriting Agreement”) with the Representatives, as the representatives of the several underwriters named therein (the “Depositary Shares Underwriters”) and Scotia Capital (USA) Inc., as the qualified independent underwriter, relating to the upsized offering by the Company of 10,500,000 depositary shares (the “Depositary Shares”), each representing a 1/20th interest in a share of 8.50% Series A Mandatory Convertible Preferred Stock, liquidation preference $1,000.00 per share, par value $1.00 per share (the “Preferred Stock” and such offering, the “Depositary Shares Offering”) in a public offering pursuant to a registration statement on Form S-3 (File No. 333-293648), and a preliminary prospectus supplement and prospectus supplement related to the Depositary Shares Offering, each as previously filed with the Commission.”
Material Agreements

WHIRLPOOL CORP /DE/ entered into Common Stock Underwriting Agreement with Wells Fargo Securities, LLC, J.P. Morgan Securities LLC and Citigroup Global Markets Inc. (effective 2026-02-24).

“On February 24, 2026, Whirlpool Corporation (the “Company”) entered into an underwriting agreement (the “Common Stock Underwriting Agreement”) with Wells Fargo Securities, LLC, J.P. Morgan Securities LLC and Citigroup Global Markets Inc., as the representatives (the “Representatives”) of the several underwriters named therein (the “Common Stock Underwriters”), relating to the upsized offering by the Company of 6,884,057 shares of common stock, par value $1.00 per share (the “Common Stock”) (such offering, the “Common Stock Offering”) in a public offering pursuant to a registration statement on Form S-3 (File No. 333-293648), and a preliminary prospectus supplement and prospectus supplement related to the Common Stock Offering, each as previously filed with the Securities and Exchange Commission (the “Commission”).”

Judith K. Buckner was appointed as director at WHIRLPOOL CORP /DE/.

“On June 16, 2025, the Board of Directors (the "Board") of Whirlpool Corporation (the "Company") appointed Judith K. Buckner as a director of Whirlpool Corporation and a member of the Board's Corporate Governance and Nominating Committee and Human Resources Committee, effective immediately.”

Larry O. Spencer departed as Director at WHIRLPOOL CORP /DE/.

“Larry O. Spencer communicated to the Board his decision not to stand for reelection at the Company's 2025 Annual Meeting of Stockholders.”

John G. Morikis was appointed as Director at WHIRLPOOL CORP /DE/.

“On February 18, 2025, Whirlpool Corporation (the "Company") filed a current report on Form 8-K to report the appointment of John G. Morikis to the Board of Directors of the Company.”
Restructurings & Charges

WHIRLPOOL CORP /DE/ announced a restructuring with charges of approximately $75 million to $80 million affecting global.

“On April 29, 2024, the Company began the employee notification process for an additional global workforce reduction plan, including involuntary severance actions (the “Second Quarter Workforce Reduction Plans”). Total expected costs for actions under the Second Quarter Workforce Reduction Plans are an estimated $52 million to $57 million, primarily in employee termination costs, which we expect to incur within the second quarter of 2024. The Company expects total restructuring charges of approximately $75 million to $80 million for fiscal year 2024, reflecting amounts under the First Quarter Workforce Reduction Plans and Second Quarter Workforce Reduction Plans outlined above.”
Earnings Releases

WHIRLPOOL CORP /DE/ updated its first quarter and full year of 2024 guidance (reaffirmed).

“On April 24, 2024, Whirlpool Corporation issued a press release providing information regarding earnings for the first quarter and full year of 2024.”

Christopher Conley was appointed as Senior Vice President and Chief Financial Officer for Whirlpool North America at WHIRLPOOL CORP /DE/.

“Ms. Warner succeeds Christopher Conley, who is assuming the position of Senior Vice President and Chief Financial Officer for Whirlpool North America, effective May 1, 2024.”

Roxanne Warner was elected as Senior Vice President, Corporate Controller and Investor Relations at WHIRLPOOL CORP /DE/.

“On April 22, 2024, Whirlpool Corporation (the “Company”) announced the election of Roxanne Warner, 41, to the position of Senior Vice President, Corporate Controller and Investor Relations, effective May 1, 2024.”
Shareholder Votes

WHIRLPOOL CORP /DE/ shareholders approved Election of twelve directors to a term to expire in 2025 or until their respective successors are duly elected and qualified. at the 2024-04-16 meeting.

“Samuel R. Allen, Marc R. Bitzer, Greg Creed, Diane M. Dietz, Gerri T. Elliott, Richard J. Kramer, Jennifer A. LaClair, John D. Liu, James M. Loree, Harish Manwani, Larry O. Spencer, and Rudy Wilson were each elected by the stockholders to a term to expire in 2025 or until their respective successors are duly elected and qualified.”

Ava A. Harter was terminated as Executive Vice President and Chief Legal Officer at WHIRLPOOL CORP /DE/.

“the Executive Vice President and Chief Legal Officer role held by Ava A. Harter was eliminated March 1, 2024 as a result of a global corporate reorganization.”
Material Agreements

WHIRLPOOL CORP /DE/ entered into Underwriting Agreement with SMBC Nikko Securities America, Inc., BNP Paribas Securities Corp., ING Financial Markets LLC, Mizuho Securities USA LLC, Scotia Capital (USA) Inc. and SG Americas Securities, LLC valued at $300 million (effective 2024-02-22).

“On February 22, 2024, Whirlpool Corporation (the “Company”) entered into an Underwriting Agreement (the “Underwriting Agreement”) with SMBC Nikko Securities America, Inc., BNP Paribas Securities Corp., ING Financial Markets LLC, Mizuho Securities USA LLC, Scotia Capital (USA) Inc. and SG Americas Securities, LLC, as representatives of the several underwriters named therein, relating to the offering by the Company of $300 million aggregate principal amount of 5.750% Senior Notes due 2034 (the “Notes”), in a public offering pursuant to a registration statement on Form S-3 (File No. 333-276169), and a preliminary prospectus supplement and prospectus supplement related to the offering of the Notes, each as previously filed with the Securities and Exchange Commission (the “Commission”).”

Michael D. White departed as Director at WHIRLPOOL CORP /DE/.

“Michael D. White will also not stand for reelection at the 2024 Annual Meeting of Stockholders having reached the director retirement age provided for by the Corporate Governance Guidelines for Operation of the Board of Directors.”

Patricia K. Poppe departed as Director at WHIRLPOOL CORP /DE/.

“Patricia K. Poppe communicated to the Board her decision not to stand for reelection at the Company’s 2024 Annual Meeting of Stockholders.”

Richard J. Kramer was appointed as Director at WHIRLPOOL CORP /DE/.

“On February 19, 2024, the Board of Directors (the “Board”) of Whirlpool Corporation (the “Company”) appointed Richard J. Kramer as a director of Whirlpool Corporation and a member of the Board’s Corporate Governance and Nominating Committee and Human Resources Committee, effective immediately.”
Earnings Releases

WHIRLPOOL CORP /DE/ updated its fourth quarter and full year of 2023 guidance (initiated).

“On January 29, 2024, Whirlpool Corporation issued a press release providing information regarding earnings for the fourth quarter and full year of 2023.”
Earnings Releases

WHIRLPOOL CORP /DE/ reported third quarter of 2023 results: revenue $4,926, net income $83, EPS $1.53. Guidance lowered.

“a point of share gains in North America.” MARC BITZER 1 KEY RESULTS Quarterly Results Sequential (4) Year-Over-Year Q3 2023 Q2 2023 Change Q3 2023 Q3 2022 Change Net sales ($M) $4,926 $4,792 2.8% $4,926 $4,784 3.0% Net sales excluding currency ($M) $4,918 $4,792 2.6% $4,844 $4,784 1.3% GAAP net earnings (loss) available to Whirlpool ($M) $83 $85 (2.4)% $83 $143”

Rudy Wilson was appointed as Director at WHIRLPOOL CORP /DE/.

“On August 14, 2023, the Board of Directors (the “Board”) of Whirlpool Corporation appointed Rudy Wilson as a Director of Whirlpool Corporation and a member of the Board’s Audit Committee and Finance Committee, effective August 14, 2023.”
Earnings Releases

WHIRLPOOL CORP /DE/ reported full year 2023 results: revenue approximately $19.4 billion, EPS $13.00 to $15.00 and $16.00 to $18.00. Guidance reaffirmed.

“Reaffirming full-year 2023 earnings guidance, including: • Full-year GAAP and ongoing (3) earnings per diluted share of $13.00 to $15.00 and $16.00 to $18.00, respectively • Full-year expectations for 2023 net sales of approximately $19.4 billion • Cash provided by operating activities of approximately $1.4 billion and free cash flow (4) of approximately $800 million remains unchanged”
Earnings Releases

WHIRLPOOL CORP /DE/ reported second quarter 2023 results: revenue $4,792, net income $85, EPS $1.55.

“KEY RESULTS Quarterly Results Sequential (1) Year-Over-Year Q2 2023 Q1 2023 Change Q2 2023 Q2 2022 Change Net sales ($M) $4,792 $4,649 3.1% $4,792 $5,097 (6.0)% Net sales excluding currency ($M) $4,752 $4,649 2.2% $4,813 $5,097 (5.6)% GAAP net earnings (loss) available to Whirlpool ($M) $85 $(179) nm $85 $(371) nm Ongoing EBIT (2) ($M) $352 $251 40.2% $352 $461 (23.6)% GAAP earnings (loss) per diluted share $1.55 $(3.27) nm $1.55 $(6.62) nm Ongoing earnings per diluted share (3) $4.21 $2.66 58.3% $4.21 $5.97 (29.5)%”
Earnings Releases

WHIRLPOOL CORP /DE/ reported full-year 2023 results: EPS $16.00 to $18.00. Guidance reaffirmed.

“GAAP loss per diluted share of $(3.27) impacted by non-cash charge associated with the EMEA transaction from seasonal working capital changes • Ongoing (non-GAAP) EBIT margin (1) of 5.4% with sequential (2) improvement of approximately 200 basis points; ongoing (non-GAAP) earnings per diluted share (3) of $2.66 • The North America region delivered EBIT”
Shareholder Votes

WHIRLPOOL CORP /DE/ shareholders approved Approval of Whirlpool Corporation 2023 Omnibus Stock and Incentive Plan at the 2023-04-18 meeting.

“e. The stockholders approved the Whirlpool Corporation 2023 Omnibus Stock and Incentive Plan. For Against Abstain Broker Non-Votes 38,475,821 3,301,778 187,635 4,884,101”
Shareholder Votes

WHIRLPOOL CORP /DE/ shareholders approved Ratification of independent registered public accounting firm at the 2023-04-18 meeting.

“d. The stockholders ratified the appointment of Ernst & Young LLP as the Corporation’s independent registered public accounting firm for 2023. For Against Abstain 45,153,189 1,587,022 109,124”
Shareholder Votes

WHIRLPOOL CORP /DE/ shareholders approved Advisory vote on frequency of future say-on-pay votes at the 2023-04-18 meeting.

“c. The stockholders voted, on an advisory (non-binding) basis, on the frequency with which the Corporation should hold future advisory votes on executive compensation. Consistent with a majority of the votes cast with respect to this proposal and with the recommendation of the Corporation's Board of Directors, the Corporation will hold a stockholder advisory vote on the compensation of the Corporation's named executive officers annually until the next required vote on the frequency of stockholder votes on the compensation of the Corporation's named executive officers as required pursuant to Section 14(A) of the Securities and Exchange act of 1934, as amended, and the rules and regulations promulgated thereunder. 1 Year 2 Years 3 Years Abstain Broker Non-Votes 39,862,645 164,412 1,847,777 90,400 4,884,101”
Shareholder Votes

WHIRLPOOL CORP /DE/ shareholders approved Advisory vote on executive compensation (Say-on-Pay) at the 2023-04-18 meeting.

“b. The stockholders approved, on an advisory (non-binding) basis, the compensation paid to the Corporation’s named executive officers disclosed in the Proxy Statement, including the Compensation Discussion & Analysis, the compensation tables and related disclosure. For Against Abstain Broker Non-Votes 38,945,450 2,857,114 162,670 4,884,101”
Shareholder Votes

WHIRLPOOL CORP /DE/ shareholders approved Election of Directors at the 2023-04-18 meeting.

“a. Samuel R. Allen, Marc R. Bitzer, Greg Creed, Diane M. Dietz, Gerri T. Elliott, Jennifer A. LaClair, John D. Liu, James M. Loree, Harish Manwani, Patricia K. Poppe, Larry O. Spencer, and Michael D. White were each elected by the stockholders to a term to expire in 2024 or until their respective successors are duly elected and qualified. Nominees For Against Abstain Broker Non-Votes Samuel R. Allen 35,569,625 6,306,059 89,550 4,884,101 Marc R. Bitzer 39,054,231 2,751,938 159,065 4,884,101 Greg Creed 40,722,274 1,145,789 97,171 4,884,101 Diane M. Dietz 41,007,376 870,095 87,763 4,884,101 Gerri T. Elliott 41,132,615 741,073 91,546 4,884,101 Jennifer A. LaClair 40,135,631 1,738,987 90,616 4,884,101 John D. Liu 40,441,865 1,416,857 106,512 4,884,101 James M. Loree 41,108,197 760,826 96,211 4,884,101 Harish Manwani 39,203,480 2,654,072 107,682 4,884,101 Patricia K. Poppe 40,108,907 1,751.823 104,504 4,884,101 Larry O. Spencer 40,089,330 1,770,820 105,084 4,884,101 Michael D. White 38,438,”

João Brega departed as Executive Vice President and President, Whirlpool Latin America Region at WHIRLPOOL CORP /DE/.

“João Brega will retire from his position as Executive Vice President and President, Whirlpool Latin America Region (LAR) effective March 31, 2023.”

Joseph T. Liotine changed role as President and Chief Operating Officer at WHIRLPOOL CORP /DE/.

“As reported by Whirlpool Corporation (the “Company”) in its Current Report on Form 8-K, dated January 30, 2023, Joseph T. Liotine, President and Chief Operating Officer of the Company, transitioned to an advisory role, effective January 31, 2023, with Mr. Liotine expected to continue in such advisory role through March 31, 2023.”
Material Agreements

WHIRLPOOL CORP /DE/ entered into Underwriting Agreement with BNP Paribas Securities Corp., ING Financial Markets LLC, Mizuho Securities USA LLC, SMBC Nikko Securities America, Inc. and SG Americas Securities, LLC, as representatives of the several underwriters valued at $300 million aggregate principal amount of 5.500% Senior Notes due 2033 (effective 2023-02-14).

“On February 14, 2023, Whirlpool Corporation (the “Company”), entered into an Underwriting Agreement (the “Underwriting Agreement”) with BNP Paribas Securities Corp., ING Financial Markets LLC, Mizuho Securities USA LLC, SMBC Nikko Securities America, Inc. and SG Americas Securities, LLC, as representatives of the several underwriters named therein, relating to the offering by the Company of $300 million aggregate principal amount of 5.500% Senior Notes due 2033 (the “Notes”), in a public offering pursuant to a registration statement on Form S-3 (File No. 333-255372), and a preliminary prospectus supplement and prospectus supplement related to the offering of the Notes, each as previously filed with the Securities and Exchange Commission (the “Commission”).”
Earnings Releases

WHIRLPOOL CORP /DE/ reported Full-year 2023 results: revenue approximately $19.4 billion, EPS $16.00 to $18.00. Guidance initiated.

“Expect full-year 2023 revenues of approximately $19.4 billion (down 1 to 2 percent compared to the prior year) • Earnings per diluted share of $16.00 to $18.00 on a GAAP and ongoing basis (2) • Cash provided by operating activities of approximately $1.4 billion and free cash flow (3) of approximately $800 million”
Earnings Releases

WHIRLPOOL CORP /DE/ reported Full Year 2022 results: revenue $19,724, net income $(1,519), EPS $(27.18).

“Full Year Results 2022 2021 Change Net sales ($M) $19,724 $21,985 $(2,261) (10.3)% Net sales excluding currency ($M) $20,207 $21,985 $(1,778) (8.1)% GAAP net earnings (loss) available to Whirlpool ($M) $(1,519) $1,783 $(3,302) nm Ongoing EBIT (1) ($M) $1,360 $2,379 $(1,019) (42.8)% GAAP earnings (loss) per diluted share $(27.18) $28.36 $(55.54) nm Ongoing earnings per diluted share (2) $19.64 $26.59 $(6.95) (26.1)%”
Earnings Releases

WHIRLPOOL CORP /DE/ reported Fourth Quarter 2022 results: revenue $4,923, net income $(1,605), EPS $(29.35).

“Fourth Quarter Results 2022 2021 Change Net sales ($M) $4,923 $5,815 $(892) (15.3)% Net sales excluding currency ($M) $5,059 $5,815 $(756) (13.0)% GAAP net earnings (loss) available to Whirlpool ($M) $(1,605) $298 $(1,903) nm Ongoing EBIT (1) ($M) $171 $502 $(331) (65.9)% GAAP earnings (loss) per diluted share $(29.35) $4.90 $(34.25) nm Ongoing earnings per diluted share (2) $3.89 $6.14 $(2.25) (36.6)%”

Joseph T. Liotine departed as President and Chief Operating Officer at WHIRLPOOL CORP /DE/.

“On January 31, 2023, Joseph T. Liotine, President and Chief Operating Officer of Whirlpool Corporation (the ”Company”), will transition to an advisory role.”
Earnings Releases

WHIRLPOOL CORP /DE/ reported full-year ended December 31, 2022 results: revenue ~$ 19,700, net income ~$ (1,535), EPS ~$ (27.50).

“Whirlpool Corporation announced its expectation for select preliminary unaudited results for its full-year ended December 31, 2022: Estimated Select Preliminary Full-Year 2022 Results and 2021 Comparison 2022 (Unaudited) 2021 Change Net Sales ($M) ~$ 19,700 $ 21,985 (10 )% GAAP net earnings (loss) ($M) ~$ (1,535 ) $ 1,783 nm Ongoing EBIT (2) ($M) ~$ 1,335 $ 2,379 (43 )% GAAP earnings (loss) per share ~$ (27.50 ) $ 28.36 nm Ongoing earnings (loss) per diluted share (2) ~$ 19.25 $ 26.59 (28 )%”
Material Agreements

WHIRLPOOL CORP /DE/ entered into Contribution Agreement with Arçelik A.Ş (effective 2023-01-17).

“Whirlpool Corporation (NYSE: WHR) today announced the completion of the strategic review of its Europe, Middle East and Africa (EMEA) business and entered into a definitive contribution agreement with Arçelik A.Ş (“Arcelik”) which significantly accelerates Whirlpool’s portfolio transformation.”

Juan Carlos Puente was appointed as Executive Vice President and President, Whirlpool Latin America Region at WHIRLPOOL CORP /DE/.

“As part of a planned transition, Juan Carlos Puente, Senior Vice President and President, LAR North, will succeed Mr. Brega in the role.”

João Brega departed as Executive Vice President and President, Whirlpool Latin America Region at WHIRLPOOL CORP /DE/.

“On January 9, 2023, Whirlpool Corporation (the “Company”) reported that João Brega will step down as Executive Vice President and President, Whirlpool Latin America Region (LAR) effective March 31, 2023, after 27 years of service with the Company.”
M&A Transactions

WHIRLPOOL CORP /DE/ completed an acquisition involving Emerson Electric Co. for $3.0 billion (closed 2022-10-31).

“On October 31, 2022 (the “Closing Date”), Whirlpool Corporation (“Whirlpool”) completed its previously announced acquisition (the “Acquisition”) of the InSinkErator business (“InSinkErator”) from Emerson Electric Co. (“Emerson”) pursuant to the terms of the Asset and Stock Purchase Agreement (the “Purchase Agreement”), dated as of August 7, 2022. Whirlpool acquired InSinkErator from Emerson for an aggregate purchase price of $3.0 billion, inclusive of adjustments for closing working capital, closing indebtedness, and closing cash.”

Joseph T. Liotine was elected as President and Chief Operating Officer at WHIRLPOOL CORP /DE/.

“On August 17, 2021, the Board of Directors of Whirlpool Corporation (the “Corporation”) elected Joseph T. Liotine, 48, to the position of President and Chief Operating Officer, effective September 1, 2021.”

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.