UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On March 1, 2021, David B. Sewell notified The Sherwin-Williams Company (“Sherwin-Williams”) of his decision to resign from his position as President and Chief Operating Officer of Sherwin-Williams, effective March 12, 2021.
Also on March 1, 2021, the Board of Directors (the “Board”) of Sherwin-Williams elected John G. Morikis, Sherwin-Williams’ Chairman and Chief Executive Officer, to the additional position of President, effective March 12, 2021. Mr. Morikis will assume Mr. Sewell’s primary duties and responsibilities, and will also continue to serve in his current role with Sherwin-Williams.
Mr. Morikis, age 57, has served as Sherwin-Williams’ Chairman since January 2017 and Chief Executive Officer since January 2016. Mr. Morikis previously served as Sherwin-Williams’ President from October 2006 to March 2019 and Chief Operating Officer from October 2006 to January 2016. Mr. Morikis has served as a Director since October 2015 and has been employed with Sherwin-Williams since December 1984.
There are no family relationships between Mr. Morikis and any director or executive officer of Sherwin-Williams. There are no related party transactions involving Mr. Morikis that are reportable under Item 404(a) of Regulation S-K. There were no changes to Mr. Morikis’ current compensatory arrangements with Sherwin-Williams related to his election as President.
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.
THE SHERWIN-WILLIAMS COMPANY | ||||||
Date: March 1, 2021 | By: | /s/ Stephen J. Perisutti | ||||
Name: | Stephen J. Perisutti | |||||
Title: | Vice President, Deputy General Counsel and Assistant Secretary |
Document and Entity Information |
Mar. 01, 2021 |
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Cover [Abstract] | |
Entity Registrant Name | SHERWIN WILLIAMS CO |
Amendment Flag | false |
Entity Central Index Key | 0000089800 |
Document Type | 8-K |
Document Period End Date | Mar. 01, 2021 |
Entity Incorporation State Country Code | OH |
Entity File Number | 1-04851 |
Entity Tax Identification Number | 34-0526850 |
Entity Address, Address Line One | 101 West Prospect Avenue |
Entity Address, City or Town | Cleveland |
Entity Address, State or Province | OH |
Entity Address, Postal Zip Code | 44115 |
City Area Code | (216) |
Local Phone Number | 566-2000 |
Written Communications | false |
Soliciting Material | false |
Pre Commencement Tender Offer | false |
Pre Commencement Issuer Tender Offer | false |
Security 12b Title | Common Stock, Par Value $1.00 |
Trading Symbol | SHW |
Security Exchange Name | NYSE |
Entity Emerging Growth Company | false |