Summary
This 8-K filing by The Sherwin-Williams Company reports the resignation of Gary E. McCullough from its Board of Directors, effective December 14, 2011. Mr. McCullough's departure from the Board is a consequence of his earlier resignation as President and CEO of Career Education Corporation, a significant change in his employment that triggered a required resignation under Sherwin-Williams' Corporate Governance Guidelines. Investors can be reassured that Mr. McCullough's resignation from the Sherwin-Williams Board was not due to any disagreements regarding the company's operations, policies, or practices.
Key Highlights
- 1Gary E. McCullough resigned from The Sherwin-Williams Company's Board of Directors.
- 2The resignation was effective December 14, 2011.
- 3Mr. McCullough's resignation was a result of his prior resignation as President and CEO of Career Education Corporation.
- 4This action aligns with Sherwin-Williams' Corporate Governance Guidelines regarding significant employment changes for directors.
- 5The company explicitly states there were no disagreements on any matters relating to Sherwin-Williams' operations, policies, or practices contributing to the resignation.
- 6The filing was made on December 19, 2011, reporting events as of December 14, 2011.
Frequently Asked Questions
Gary E. McCullough resigned from the Board of Directors.
Mr. McCullough resigned from the Sherwin-Williams Board due to his prior resignation as President and CEO of Career Education Corporation. This was in accordance with Sherwin-Williams' Corporate Governance Guidelines, which require a director to step down upon a significant change in their employment.
No, the filing explicitly states that Mr. McCullough did not resign on account of any disagreement on any matter relating to Sherwin-Williams’ operations, policies, or practices.
The resignation of Gary E. McCullough from the Board of Directors was effective December 14, 2011.