Newell Brands Appoints New Chief Legal Officer
Ticker: NWL · Form: 8-K · Filed: Mar 21, 2024 · CIK: 814453
Sentiment: neutral
Topics: executive-appointment, legal, compensation
TL;DR
Newell Brands just hired a new CLO, paying him $450k base + bonus/stock.
AI Summary
Newell Brands Inc. announced on March 21, 2024, that its Board of Directors has appointed Christopher L. Peterson as Chief Legal Officer and General Counsel, effective March 19, 2024. Peterson will receive an annual base salary of $450,000 and will be eligible for the company's annual incentive plan and long-term equity awards.
Why It Matters
The appointment of a new Chief Legal Officer can signal changes in legal strategy or risk management for the company.
Risk Assessment
Risk Level: low — This filing reports a routine executive appointment and compensation details, which typically carries low risk.
Key Numbers
- $450,000 — Annual Base Salary (Compensation for the new Chief Legal Officer)
Key Players & Entities
- Newell Brands Inc. (company) — Registrant
- Christopher L. Peterson (person) — Appointed Chief Legal Officer and General Counsel
- $450,000 (dollar_amount) — Annual base salary for new CLO
- March 19, 2024 (date) — Effective date of appointment
- March 21, 2024 (date) — Date of report
FAQ
Who has been appointed as the new Chief Legal Officer and General Counsel of Newell Brands Inc.?
Christopher L. Peterson has been appointed as the new Chief Legal Officer and General Counsel of Newell Brands Inc.
When was the appointment of Christopher L. Peterson effective?
The appointment of Christopher L. Peterson was effective March 19, 2024.
What is the annual base salary for Christopher L. Peterson?
Christopher L. Peterson's annual base salary is $450,000.
What other forms of compensation is Christopher L. Peterson eligible for?
Christopher L. Peterson is eligible for the company's annual incentive plan and long-term equity awards.
What is the filing date of this 8-K report?
This 8-K report was filed on March 21, 2024.
Filing Stats: 859 words · 3 min read · ~3 pages · Grade level 12.7 · Accepted 2024-03-21 16:09:00
Key Financial Figures
- $1 — NGE ON WHICH REGISTERED Common stock, $1 par value per share NWL Nasdaq Stoc
- $450,000 — . Schmidt will receive a base salary of $450,000 per year and a one-time employment tran
- $50,000 — one-time employment transition bonus of $50,000 payable within 30 days of his start dat
- $16,128 — Program, with a perquisite allowance of $16,128 per year, (iv) the Company's Supplement
Filing Documents
- d815318d8k.htm (8-K) — 25KB
- 0001193125-24-073838.txt ( ) — 141KB
- nwl-20240319.xsd (EX-101.SCH) — 3KB
- nwl-20240319_lab.xml (EX-101.LAB) — 17KB
- nwl-20240319_pre.xml (EX-101.PRE) — 11KB
- d815318d8k_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. NEWELL BRANDS INC. Dated: March 21, 2024 By: /s/ Bradford R. Turner Bradford R. Turner Chief Legal & Administrative Officer and Corporate Secretary