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Posted 23 June, 2021

WOLVERINE WORLD WIDE INC /DE/ appointed Brendan L. Hoffman as new CEO

NYSE:WWW appointed new Chief Executive Officer Brendan L. Hoffman in a 8-K filed on 23 June, 2021.


  On June 18, 2021, the Board of Directors (the "Board") of Wolverine World Wide, Inc. (the "Company") appointed Brendan L. Hoffman, the Company's President and a member of the Company's Board of Directors, to succeed Blake W. Krueger as the Chief Executive Officer of the Company, effective as of the end of the year (the "Effective Date").  

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Overview of WOLVERINE WORLD WIDE INC /DE/
Consumer Goods • Footwear
Wolverine World Wide, Inc. engages in the design, manufacture, and sale of branded casual, active lifestyle, work, outdoor sport, athletic, uniform, footwear, and apparel. It operates through the following segments: Active Group & Work Group. The Active Group segment consists of Merrell footwear and apparel, Saucony footwear and apparel, Sweaty Betty activewear, and Chaco footwear. The Work Group segment consists of Wolverine footwear and apparel, Cat footwear, Bates uniform footwear, Harley-Davidson footwear and HYTEST safety footwear. The company was founded by G. A. Krause in 1883 and is headquartered in Rockford, MI.
Market Cap
$768M
View Company Details
WOLVERINE WORLD WIDE INC /DE/ 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 June 18, 2021, the Board of Directors (the "Board") of Wolverine World Wide, Inc. (the "Company") appointed Brendan L. Hoffman, the Company's President and a member of the Company's Board of Directors, to succeed Blake W. Krueger as the Chief Executive Officer of the Company, effective as of the end of the year (the "Effective Date"). The Board also appointed Mr. Krueger as the Executive Chairman of Wolverine Worldwide as of the Effective Date. 


Biographical information for Mr. Hoffman, who is 52 years old, is included in the Company's Proxy Statement for its 2021 Annual Meeting of Stockholders, filed with the Securities and Exchange Commission on March 26, 2021. The terms of the Employment Agreement, Executive Severance Agreement and Indemnification Agreement between Mr. Hoffman and the Company are described in the Current Reports on Form 8-K filed by the Company with the Securities and Exchange Commission on August 13, 2020 and March 26, 2021.


A copy of the Company's press release regarding these matters is attached hereto as Exhibit 99.1 and is incorporated herein by reference.