tiprankstipranks
Company Announcements

Whirlpool Appoints John G. Morikis to Board of Directors

Story Highlights
Whirlpool Appoints John G. Morikis to Board of Directors

Discover the Best Stocks and Maximize Your Portfolio:

The latest announcement is out from Whirlpool ( (WHR) ).

On January 17, 2025, Whirlpool Corporation appointed John G. Morikis, the former chairman and CEO of The Sherwin-Williams Company, to its Board of Directors. Morikis, who brings extensive experience in global enterprise leadership and supply chain management, will serve on the corporate governance and nominating committee and the human resources committee. His appointment is expected to bolster Whirlpool’s strategic positioning in the global marketplace. Additionally, Larry O. Spencer announced he will not stand for reelection at the 2025 Annual Meeting of Stockholders, with his decision unrelated to any disagreements with the company.

More about Whirlpool

Whirlpool Corporation is a leading home appliance company, renowned for its iconic brand portfolio, including Whirlpool, KitchenAid, JennAir, Maytag, Amana, Brastemp, Consul, and InSinkErator. As the last-remaining major U.S.-based manufacturer of kitchen and laundry appliances, Whirlpool is committed to driving meaningful innovation to meet evolving consumer needs. In 2024, the company reported approximately $17 billion in annual sales, with nearly 90% generated in the Americas, and employs 44,000 people across 40 manufacturing and technology research centers.

YTD Price Performance: -9.71%

Average Trading Volume: 926,127

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $5.75B

For an in-depth examination of WHR stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1