WHIRLPOOL CORPORATION (NYSE:WHR) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

ME Staff 8-k

8 years ago

WHIRLPOOL CORPORATION (NYSE:WHR) 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 February 20, 2017, the Board of Directors (the Board) of
Whirlpool Corporation appointed Greg Creed as a Director of
Whirlpool Corporation and a member of the Boards Human Resources
Committee and Finance Committee.

Mr. Creed’s compensation will be consistent with that of other
nonemployee directors, consisting of an annual cash retainer in the
amount of $130,000, and annual equity compensation, to be paid in
Whirlpool common stock, in the amount of $130,000. In addition, to
the terms of the nonemployee director compensation program, Mr.
Creed received a grant of 1,000 shares of Whirlpool common stock
under the Amended and Restated 2010 Omnibus Stock and Incentive
Plan, upon his appointment to the Board.

The press release announcing the appointment of Mr. Creed is filed
herewith as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.



99.1		Press Release dated February 20, 2017

About WHIRLPOOL CORPORATION (NYSE:WHR)
Whirlpool Corporation is a manufacturer and marketer of home appliances. The Company manufactures products in approximately 15 countries and markets products around the world under brand names, such as Whirlpool, KitchenAid, Maytag, Consul, Brastemp, Amana, Bauknecht, Jenn-Air and Indesit. The Company’s segments include North America, Latin America, EMEA (Europe, Middle East and Africa) and Asia. The Company manufactures and markets a line of home appliances and related products. Its principal products are laundry appliances, refrigerators and freezers, cooking appliances, dishwashers, mixers and other portable household appliances. It also produces hermetic compressors for refrigeration systems. In the United States, it market and distribute products primarily under the Whirlpool, Maytag, KitchenAid, Jenn-Air, Amana, Roper, Admiral, Affresh and Gladiator brand names primarily to retailers, distributors and builders. WHIRLPOOL CORPORATION (NYSE:WHR) Recent Trading Information
WHIRLPOOL CORPORATION (NYSE:WHR) closed its last trading session up +2.43 at 179.62 with 408,728 shares trading hands.