Item 5.02   Departure of Directors or Certain Officers; Election of Directors;
            Appointment of Certain Officers; Compensatory Arrangement of Certain
            Officers

On February 27, 2020, Meredith Corporation (Meredith or the Company) announced that Jason Frierott is joining the Company as Vice President/Chief Financial Officer, effective March 9, 2020. A copy of the press release announcing Mr. Frierott's appointment is attached as Exhibit 99.

Mr. Frierott, 46, joins Meredith after 21 years at General Electric Company (GE), including more than 10 years as a Chief Financial Officer for several of GE's large business units. This included stints as a senior financial executive at GE Transportation, GE Power & Water, and GE Energy. He also spent eight years in an executive role on GE's Corporate Audit staff.

In connection with Mr. Frierott's appointment, Meredith entered into an employment agreement with Mr. Frierott, effective as of March 9, 2020. The employment agreement provides for the following: 1) an annual base salary of $675,000 through July 31, 2021, with any increases thereafter to be determined by the Compensation Committee of the Meredith Board of Directors; 2) participation in the Meredith Management Incentive Plan (or any successor or replacement annual incentive plan of Meredith) with a target bonus of seventy-five percent (75%) of base salary (any payment for fiscal year 2020 will be pro-rated based on the effective date of this agreement); 3) participation in an annual three-year Cash Long-Term Incentive Program starting in fiscal year 2021 with the opportunity to earn a cash payment of $400,000, conditioned upon the achievement of certain specified financial objectives; 4) participation in the Meredith Stock Incentive Plan with a one-time grant of restricted stock units with a three-year cliff vesting, valued at $500,000 to be awarded within thirty (30) days of the effective date; 5) annual grants beginning in August 2020 of non-qualified stock options and restricted stock units with a three-year cliff vesting and an estimated combined value of $600,000; 6) executive perquisites, including an automobile allowance and country club dues; and 7) participation in employee benefit plans generally available to employees and officers of the Company.

Mr. Frierott will receive a relocation payment of $850,000, with half of the relocation payment to be paid within 30 days of the effective date and the remaining half paid within 30 days of closing on a home in the greater Des Moines area. Mr. Frierott will also be reimbursed for certain relocation expenses, including closing costs, real estate commissions, and temporary housing.

The employment agreement is filed herewith as Exhibit 10 and this disclosure is qualified in its entirety by reference to the employment agreement.

Item 9.01 Financial Statements and Exhibits





         (d) Exhibits

               10   Employment agreement between Meredith Corporation and Jason
                    Frierott.
               99   News release issued by Meredith Corporation dated February 27,
                    2020, concerning the announcement that Jason Frierott is joining
                    the Company as Vice President/Chief Financial Officer.
              104   Cover Page Interactive Data File (formatted as Inline XBRL)

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