WestRock Company (NYSE:WRK) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
(c)
Effective November 27, 2017, WestRock Company appointed Kelly C. Janzen as its chief accounting officer and its principal accounting officer for purposes of the Company’s filings with the Securities and Exchange Commission.
Ms. Janzen, age 44, has served as the Company’s senior vice president – accounting since August 21, 2017. Prior to joining the Company, she served as vice president, controller and chief accounting officer for Baker Hughes Inc. from September 2016 to July 2017, and as vice president – finance and chief accounting officer for McDermott International Inc. from December 2014 to August 2016. Prior to joining McDermott International, Ms. Janzen served in various controllership roles with General Electric.
Ms. Janzen is not a party to any (a) arrangement or understanding regarding her selection as an officer and she has no family relationships with any director, executive officer or person nominated or chosen by the Company to become a director or executive officer of the Company or (b) transaction required to be disclosed to Item 404(a) of Regulation S-K.
Ms. Janzen has not entered into any material plan, contract, arrangement or amendment in connection with her appointment as principal accounting officer. She will receive salary, annual incentive awards and long-term incentive awards, and will participate in other compensation and benefit programs, at levels consistent with her position and scope of responsibility. The Company’s compensation and benefit plans are more fully described in the “Compensation Discussion and Analysis” section of the Company’s proxy statement on Schedule 14A relating to its 2017 annual meeting of stockholders, filed with the SEC on December 17, 2016, and incentive plans and incentive plan agreements are included as exhibits to the Company’s annual report on Form 10-K for the year ended September 30, 2017.
About WestRock Company (NYSE:WRK)
WestRock Company is a multinational provider of paper and packaging solutions for consumer and corrugated packaging markets. The Company also develops real estate in the Charleston, South Carolina region. The Company’s segments include Corrugated Packaging, Consumer Packaging, and Land and Development. The Corrugated Packaging segment consists of its containerboard mill and corrugated packaging operations, as well as its recycling operations. The Consumer Packaging segment consists of consumer mills, folding carton, beverage, merchandising displays, home, health and beauty dispensing, and partition operations. The Land and Development segment is engaged in the development and sale of real estate primarily in Charleston, South Carolina. As of September 30, 2016, the Company owned approximately 61,000 acres of development landholdings primarily in the Charleston, South Carolina region. The Corrugated Packaging segment produces containerboard and high-graphics preprinted linerboard.