Companies

Wolverine Worldwide appoints new Chairman

Mar 27, 2023 United States

The US-based company announced that its Chairman Blake Krueger will be retiring from the Board after 30 years with the company, being succeeded by Tom Long, the Board's Lead Independent Director

Wolverine Worldwide reported that its Chairman, Blake Krueger, will step out from the Board on the 4^th of May 2023. He has been with the company for nearly three decades, occupying a series of executive roles that culminated in his appointment as CEO and Board member in 2007, and then as CEO and Chairman of the Board in 2010. He retired as CEO at the end of 2021, but has continued to lead the company's Board of Directors as Executive Chairman in 2022 and as Chairman this year.

“I feel fortunate to have had the opportunity to work closely with and learn from Blake since I joined the Company in August 2020. I look forward to building on the strong foundation he laid and working with the word-class team he assembled to elevate Wolverine Worldwide's position as a global leader in the industry”, commented Brendan Hoffman, Wolverine Worldwide's President and Chief Executive Officer.

Krueger will be succeeded by Tom Long, the Board's Lead Independent Director, who joined the Board in 2021, after a 30-year career in which he served as CEO of MillerCoors, LLC, and Chief Marketing Officer of Miller Brewing Company, as well as several senior global and marketing roles at Coca-Cola. Last year, he was appointed Lead Independent Director of Wolverine Worldwide's Board.

“On behalf of the Board of Directors, I would like to thank to Blake for his many years of dedication and service to the Company and its shareholders,” said Tom Long. “During his long tenure the Company transformed from a traditional footwear wholesaler into a consumer-focused, global organization with one of the world’s largest portfolios of footwear and lifestyle brands. I am honoured to succeed him as Chairman as part of our planned leadership transition.”

Wolverine Worldwide also named Stacia Andersen, Jodi Bricker, and DeMonty Price to its Board of Directors, effective as of the 14^th of March 2023.

Image Credits: careers.wolverineworldwide.com

United States Footwear Management Shoes Wolverine Worldwide, Inc.