Brown Forman Corporation filed SEC Form 8-K: Leadership Update
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers;
Compensatory Arrangements of Certain Officers.
On December 16, 2024, Brown-Forman Corporation (the "Company") announced the appointment of Angela S. Enyard as Senior Vice President, Chief Accounting Officer, effective May 1, 2025. Ms. Enyard will succeed Kelli Nelson Brown, Senior Vice President, Chief Accounting Officer, who informed the Company on December 16, 2024 of her intention to retire, effective April 30, 2025.
Angela S. Enyard, 37, has served as Vice President, Global Business Solutions since December 2024. Prior to that time, she served as Finance Director, Distilleries and Barrel Whiskey Inventory from August 2021 to November 2024, Director, Finance Operations - USA and Canada from August 2019 to August 2021, and held previous roles of increasing responsibility in accounting and finance since first joining the Company in 2013. Prior to joining the Company, Ms. Enyard began her career in public accounting with KPMG. Ms. Enyard holds a Master of Science degree in Accounting from the University of Kentucky and is a Certified Public Accountant.
In connection with her appointment, Ms. Enyard's compensation will increase, effective May 1, 2025, as follows: annual salary, including holiday bonus, will increase to $291,676; and short-term and long-term equity incentive compensation opportunities at target will increase to $110,200 and $186,300, respectively.
Details regarding the Company's executive compensation program are included in the Compensation Discussion and Analysis section of the Company's definitive proxy statement for the 2024 Annual Meeting of Stockholders filed with the Securities and Exchange Commission on June 21, 2024.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| BROWN-FORMAN CORPORATION | |||||
| (Registrant) | |||||
| Date: December 19, 2024 | /s/ Michael E. Carr, Jr. | ||||
| Michael E. Carr, Jr. | |||||
| Executive Vice President, General Counsel and Corporate Secretary | |||||