Grainger Appoints New Chief Legal Officer
Ticker: GWW · Form: 8-K · Filed: Aug 26, 2024 · CIK: 277135
| Field | Detail |
|---|---|
| Company | W.W. Grainger, Inc. (GWW) |
| Form Type | 8-K |
| Filed Date | Aug 26, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-appointment, legal, compensation
TL;DR
Grainger names Laura Ramos as new CLO, starting Aug 26, with $425k base salary.
AI Summary
W.W. Grainger, Inc. announced on August 23, 2024, the appointment of Laura M. Ramos as Senior Vice President, Chief Legal Officer and Corporate Secretary, effective August 26, 2024. Ramos will receive an annual base salary of $425,000 and will be eligible for the company's annual incentive plan and long-term equity awards. This appointment follows the departure of its previous General Counsel.
Why It Matters
The appointment of a new Chief Legal Officer is a significant leadership change that could impact the company's legal strategy and corporate governance.
Risk Assessment
Risk Level: low — This filing primarily concerns a routine executive appointment and compensation, with no immediate financial risks indicated.
Key Numbers
- $425,000 — Annual Base Salary (For the new Chief Legal Officer, Laura M. Ramos.)
Key Players & Entities
- W.W. Grainger, Inc. (company) — Registrant
- Laura M. Ramos (person) — Appointed Senior Vice President, Chief Legal Officer and Corporate Secretary
- August 23, 2024 (date) — Date of earliest event reported
- August 26, 2024 (date) — Effective date of appointment
- $425,000 (dollar_amount) — Annual base salary for Laura M. Ramos
FAQ
Who has been appointed as the new Senior Vice President, Chief Legal Officer and Corporate Secretary of W.W. Grainger, Inc.?
Laura M. Ramos has been appointed as the new Senior Vice President, Chief Legal Officer and Corporate Secretary of W.W. Grainger, Inc.
When is Laura M. Ramos's appointment effective?
Laura M. Ramos's appointment is effective August 26, 2024.
What is Laura M. Ramos's annual base salary?
Laura M. Ramos's annual base salary is $425,000.
What other compensation is Laura M. Ramos eligible for?
Laura M. Ramos is eligible for the company's annual incentive plan and long-term equity awards.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported in this 8-K filing is August 23, 2024.
Filing Stats: 407 words · 2 min read · ~1 pages · Grade level 10.5 · Accepted 2024-08-26 06:30:31
Filing Documents
- tm2422420d1_8k.htm (8-K) — 23KB
- 0001104659-24-092595.txt ( ) — 190KB
- gww-20240823.xsd (EX-101.SCH) — 3KB
- gww-20240823_lab.xml (EX-101.LAB) — 33KB
- gww-20240823_pre.xml (EX-101.PRE) — 22KB
- tm2422420d1_8k_htm.xml (XML) — 3KB
02
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On August 26, 2024, W.W. Grainger, Inc. (the "Company") announced that Matthew E. Fortin, Senior Vice President and Chief Human Resources Officer of the Company, is no longer with the Company effective August 23, 2024.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: August 26, 2024 W.W. GRAINGER, INC. By: /s/ Nancy L. Berardinelli-Krantz Name: Nancy L. Berardinelli-Krantz Title: Senior Vice President and Chief Legal Officer