Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On December 16, 2022, Weber Inc. (the "Company") announced that its Board of
Directors (the "Board") has appointed Alan D. Matula as the Company's Chief
Executive Officer, effective immediately. This followed the appointment of Mr.
Matula as the Company's Interim Chief Executive Officer in July 2022.
Prior to his position as Interim Chief Executive Officer, Mr. Matula served as
Chief Information Officer of Weber Inc. and previously Weber-Stephen Products
LLC since 2015. In March 2022, Mr. Matula was appointed as Chief Technology
Officer of Weber Inc., leading the Company's R&D organization, IoT and digital
initiatives, as well as global IT organization. Prior to Weber, Mr. Matula
worked for the Royal Dutch Shell plc organization for over 35 years, including
as Chief Information Officer from 2006 to 2015. Mr. Matula received a Bachelor
of Business degree in Qualitative Business Analysis from Indiana University in
1982, and an Executive MBA at Houston Baptist University.
At the time of this report, the Company has not entered into any compensation
arrangements with Mr. Matula in connection with the announcement described
above.
On December 16, 2022, the Company also announced that William J. Horton informed
the Company of his decision to resign from his position as Chief Financial
Officer of the Company, effective January 31, 2023. The Board has appointed
Marla Yvonne Kilpatrick, Weber's Senior Vice President of Finance, to serve as
Interim Chief Financial Officer, effective immediately upon Mr. Horton's
departure, prior to her previously announced retirement and until a permanent
successor to Mr. Horton has been appointed.
Ms. Kilpatrick is currently Senior Vice President of Finance at Weber Inc. Ms.
Kilpatrick formerly served as Chief Accounting Officer of Weber Inc. from its
initial public offering in August 2021 until December 14, 2022, at which time
she took her current role as part of a planned retirement. In addition to her
Chief Accounting Officer role, she also served as Global Controller of Weber
Inc. (and formerly Weber-Stephen Products LLC) from January 2013 until June 8,
2022, at which time her designated successor for the Chief Accounting Officer
role was named to the Global Controller position. Prior to Weber, Ms. Kilpatrick
served in various accounting and finance roles for the Sara Lee Corporation from
1992 until 2012, the most recent being Vice President Corporate Strategy Finance
from 2008 to 2012. Ms. Kilpatrick received a Bachelor of Science degree in
Accounting from Illinois State University in 1985, and an MBA in Accounting,
Finance and Economics from the University of Chicago Booth School of Business in
2002.
In addition, the Board is engaging an executive search firm to identify and
assess candidates for the permanent Chief Financial Officer position and will
consider both internal and external candidates.
At the time of this report, the Company has not entered into any compensation
arrangements with Ms. Kilpatrick in connection with the announcement described
above.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. Description
104 Cover Page Interactive Data File (embedded within the inline XBRL
document)
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