BRUNSWICK CORPORATION (NYSE:BC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02.Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 15, 2019, the Company announced that Randall S. Altman, 47, currently Vice President-Treasurer, will be appointed Vice President and Controller effective June 3, 2019, replacing Daniel J. Tanner, current Vice President and Controller. After the appointment, Mr. Tanner will remain with the Company through June 30, 2019 to ensure a smooth transition of responsibilities.
Brunswick also announced that Ryan M. Gwillim, 39, currently Vice President-Investor Relations, will be appointed Vice President-Finance and Treasurer effective June 3, 2019.
The news release Brunswick issued announcing these organizational changes is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Mr. Altman has been Vice President-Treasurer since March 2013. He joined Brunswick in 2003 as Senior Manager and then Director for the Company’s Transactional Finance Department. In 2005, the Company appointed him Chief Financial Officer for the Brunswick Bowling & Billiards Division and he served in that capacity until his appointment as Vice President-Treasurer.
Mr. Gwillim has been Vice President-Investor Relations since September 2017. Mr. Gwillim joined Brunswick as Corporate Counsel in 2011. In 2012, he was appointed Assistant General Counsel-Corporate and Securities, and in 2015 he was named Associate General Counsel-International, which role he held until 2017.
In his new role, Mr. Altman will enter into an amended Terms and Conditions of Employment agreement, the form of which has been filed with the Securities and Exchange Commission as Exhibit 10.6 to Brunswick’s Annual Report on Form 10-K for 2018. In addition, Mr. Altman’s compensation will increase commensurate with his new position.
Item 9.01.Financial Statements and Exhibits.
(d)Exhibits:
BRUNSWICK CORP Exhibit
EX-99.01 2 bc2019ex991.htm PRESS RELEASE Exhibit Brunswick Corporation 26125 N. Riverwoods Blvd.,…
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About BRUNSWICK CORPORATION (NYSE:BC)
Brunswick Corporation (Brunswick) is a designer, manufacturer and marketer of recreation products, including marine engines, boats, fitness and active recreation products. The Company operates in three segments, which include Marine Engine, Boat and Fitness. The Marine Engine segment manufactures and markets a range of outboard engines, sterndrive engines, inboard engines and marine parts and accessories, which are principally sold directly to boat builders, including Brunswick’s Boat segment, or through marine retail dealers and distributors across the world. The Boat segment designs, manufactures and markets fiberglass pleasure boats, offshore fishing boats, yachts and sport yachts, aluminum fishing boats, pontoon boats, deck boats and inflatable boats. The Fitness segment designs, manufactures and markets fitness equipment, including treadmills, total body cross-trainers, stair climbers, stationary bikes and strength-training equipment, as well as billiards tables and accessories.
