Source-grounded facts extracted from WOLVERINE WORLD WIDE INC /DE/'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Blake Krueger changed role as Chairman of the Board at WOLVERINE WORLD WIDE INC /DE/.
“On December 19, 2022, the Board of Directors (the “Board”) of Wolverine World Wide, Inc. (the “Company”) approved the transition of Blake Krueger from the position of Executive Chairman to the position of Chairman of the Board, effective as of January 1, 2023, at which time Mr. Krueger will no longer be an employee of the Company.”
Material Agreements
WOLVERINE WORLD WIDE INC /DE/ entered into Receivables Facility with Rockford ARS, LLC and Wells Fargo Bank, N.A. valued at $175 million (effective 2022-12-07).
“On December 7, 2022 Saucony, Inc., Wolverine Outdoors, Inc. and Wolverine World Wide Canada ULC (collectively, the “Sellers”) entered into a receivables facility of $175 million (the “Receivables Facility”), under which the Sellers will sell receivables to Rockford ARS, LLC, a Delaware limited liability company (the “Buyer”)”
Gina Boswell resigned as Director at WOLVERINE WORLD WIDE INC /DE/.
“On November 23, 2022, Gina Boswell notified the Board of Directors (the “Board”) of Wolverine World Wide, Inc. (the “Company”) of her intention to resign as a director of the Company effective as of December 1, 2022 in order to focus her full time and attention on her new employment as Chief Executive Officer of Bath & Body Works, Inc.”
Earnings Releases
WOLVERINE WORLD WIDE INC /DE/ reported the fiscal year ended January 1, 2023 results: revenue $2.670 billion to $2.695 billion. Guidance reaffirmed.
“FULL-YEAR 2022 OUTLOOK • Revenue is expected to be in the range of $2.670 billion to $2.695 billion”
Earnings Releases
WOLVERINE WORLD WIDE INC /DE/ reported the fourth quarter of 2022 results: revenue $650 million to $675 million, EPS ($0.19) to ($0.09). Guidance initiated.
“FOURTH QUARTER 2022 OUTLOOK • Revenue is expected to be in the range of $650 million to $675 million”
Earnings Releases
WOLVERINE WORLD WIDE INC /DE/ reported the third quarter ended October 1, 2022 results: revenue $691.4 million, EPS $0.48.
“- (1) See Form 8-K filed by Wolverine World Wide, Inc. with the Securities and Exchange Commission on November 9, 2022 for details on reportable segment composition. Revenue of $691.4 million represents growth of 8.6% versus the prior year and growth of 12.2% on a constant currency basis. Our international business was especially strong, up 33% to $303 million.”
Governance Changes
WOLVERINE WORLD WIDE INC /DE/: Amended and restated by-laws to adopt universal proxy rules, DGCL updates, and administrative enhancements (effective 2022-11-02).
“On November 2, 2022, in connection with the new Securities and Exchange Commission rules regarding universal proxy cards, certain recent changes to the Delaware General Corporation Law (the “DGCL”), and a periodic review of the by-laws of Wolverine World Wide, Inc. (the “Company”), the Company’s board of directors (the “Board”) unanimously adopted Amended and Restated By-Laws of the Company (the by-laws, as so amended and restated, the “Amended and Restated By-Laws”), effective immediately.”
Brendan Hoffman changed role as President and Chief Executive Officer at WOLVERINE WORLD WIDE INC /DE/.
“Mr. Hoffman shall serve as the President and Chief Executive Officer of the Company”
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.