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Posted 30 August, 2021

ACCO BRANDS Corp appointed new CEO

CEO Change detected for ticker NYSE:ACCO in a 8-K filed on 30 August, 2021.


  On August 27, 2021, the Board of Directors of ACCO Brands Corporation (the "Company") appointed Thomas W. Tedford, 50, who has served as the Company's Executive Vice President and President, ACCO Brands North America since 2015, as President and Chief Operating Officer of the Company. Mr. Tedford will continue to report to Boris Elisman, Chairman of the Board of Directors and Chief Executive Officer of the Company.  

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Overview of ACCO BRANDS Corp
Consumer Goods • Nondurable Household Products
ACCO Brands Corp. engages in the manufacture and marketing of office, school, calendar products, and select computer and electronic accessories. It operates through the followings segments: ACCO Brands North America, ACCO Brands EMEA, and ACCO Brands International. The ACCO Brands North America segment includes the U.S. and Canada operations, wherein it manufactures, sources, and sells traditional office products, school supplies, and calendar products. The ACCO Brands EMEA segment deals with the design, sourcing, and distribution of storage and organization products, stapling, punching, laminating, binding and shredding, do-it-yourself tools, and computer accessories in Europe, the Middle East, and Africa. The ACCO Brands International segments refers to the operations from the rest of the world, primarily Australia/New Zealand, Latin America, and Asia-Pacific The company was founded by Fred J. Kline in 1903 and is headquartered in Lake Zurich, IL.
Market Cap
$412M
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ACCO BRANDS Corp by TradingView
Relevant filing section
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


On August 27, 2021, the Board of Directors of ACCO Brands Corporation (the "Company") appointed Thomas W. Tedford, 50, who has served as the Company's Executive Vice President and President, ACCO Brands North America since 2015, as President and Chief Operating Officer of the Company. Mr. Tedford will continue to report to Boris Elisman, Chairman of the Board of Directors and Chief Executive Officer of the Company. In connection with his new position, Mr. Tedford's annual base salary was increased to $660,000 and his target annual cash bonus opportunity was increased to 90% of base salary, both effective as of September 1, 2021.