W.W. Grainger, Inc 8-K, filed Feb 16, 2022
W.W. Grainger, Inc. (GWW)
About this 8-K
W.W. Grainger, Inc filed this 8-K on February 16, 2022.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On February 16, 2022, Brian P. Anderson, a member of the Board of Directors (the “Board”) of W.W. Grainger, Inc. (the “Company”), notified the Board that he would not stand for re-election as a member of the Board for the 2022-2023 period. Mr. Anderson’s term as a director will end at the conclusion of the annual meeting of shareholders of the Company on April 27, 2022. Mr. Anderson’s decision was not the result of any disagreement with the Company.
A copy of the Company’s press release announcing the matters described herein is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
| Item 9.01. | Financial Statements and Exhibits. |
| (d) | Exhibits |
| Exhibit No. | Description | |
| 99.1 | Press Release dated February 16, 2022. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
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: February 16, 2022
| W.W. GRAINGER, INC. | |||
| By: | /s/ Hugo Dubovoy, Jr. | ||
| Name: | Hugo Dubovoy, Jr. | ||
| Title: | Vice President, Corporate Secretary | ||
Exhibit 99.1
TWELVE DIRECTORS SLATED FOR GRAINGER’S BOARD TO BE VOTED ON AT THE COMPANY’S ANNUAL MEETING ON APRIL 27, 2022
CHICAGO, February 16, 2022 – W.W. Grainger, Inc. (NYSE: GWW) today announced that the Board of Directors has selected a slate of nominees to serve for the 2022-2023 period. The 12 candidates, all current Board members, to be voted on at the 2022 annual meeting of shareholders are:
Rodney C. Adkins
V. Ann Hailey
Katherine D. Jaspon
Stuart L. Levenick
D.G. Macpherson
Neil S. Novich
Beatriz R. Perez
Michael J. Roberts
E. Scott Santi
Susan Slavik Williams
Lucas E. Watson
Steven A. White
After 23 years of service, Brian P. Anderson is retiring from the Board following the 2022 annual meeting of shareholders. Mr. Anderson has been a Board member of W.W. Grainger, Inc., since 1999 and served as Lead Director and as a member and Chairman of the Audit and Board Affairs and Nominating Committees.
Grainger Chairman and CEO, D.G. Macpherson, said, “On behalf of the Board of Directors, I would like to thank Brian Anderson for his leadership, strategic insight, innovative thinking and invaluable contributions to Grainger over the past 23 years.”
About Grainger
W.W. Grainger, Inc., with 2021 sales of $13.0 billion, is a leading broad line distributor with operations primarily in North America, Japan and the United Kingdom. Grainger achieves its purpose, We Keep the World Working®, by serving more than 4.5 million customers worldwide with a wide range of product categories that keep customer operations running and their people safe. The Company also delivers services and solutions, such as technical support and inventory management, to provide tangible value and save customers time and money. Grainger offers more than 2 million maintenance, repair and operating (MRO) products in its High-Touch Solutions assortment and more than 30 million products through its expanding Endless Assortment offering. For more information, visit www.grainger.com.