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


                of Certain Officers; Compensatory Arrangements of Certain Officers.



As previously announced in a Current Report on Form 8-K filed on August 11,
2020, Wolverine World Wide, Inc. (the "Company") appointed Brendan L. Hoffman as
the Company's President, effective on or about September 8, 2020. The Company
expects that Mr. Hoffman will transition over a period of time to become the
next Chief Executive Officer of the Company.

On August 11, 2020, the Board of Directors of the Company (the "Board") approved
an increase in the size of the Board from ten to eleven members and appointed
Mr. Hoffman to the Board, effective as of the first day of his employment term.
Mr. Hoffman will not be appointed to any committees of the Board of Directors.
Mr. Hoffman has extensive industry and management experience in retail and
fashion, expertise in footwear and apparel, retail, international business and
finance, as well as extensive experience with public company governance and
related matters.

Mr. Hoffman, 51, most recently served as the Chief Executive Officer of Vince
Holding Corp., a public company, beginning in October 2015. Prior to joining
Vince, Mr. Hoffman served as the Chief Executive Officer and President of
Bon-Ton Stores Inc. from February 2012 to August 2014. Previously he was the
Chief Executive Officer and President of Lord & Taylor L.L.C. for more than
three years and, before that, he served six years as President and Chief
Executive Officer of Neiman Marcus Direct, a subsidiary of The Neiman Marcus
Group Inc., where he oversaw the growth of neimanmarcus.com and the launch and
growth of bergdorfgoodman.com. During the past 5 years, he has served on the
boards of directors of Vince Holding Corp. and Pier 1 Imports.

On August 7, 2020, the Company entered into an Employment Agreement with Mr.
Hoffman to serve, initially, as the Company's President (the "Employment
Agreement"). His term of employment will commence on or about September 8, 2020
(the "Effective Time"), and automatically renew on each anniversary of the
Effective Time unless either party elects not to renew the term no later than
sixty days before the then-current term ends. He will receive a base salary of
$900,000 per year, participate in the Company's Executive Short-Term Incentive
Plan and is expected to participate in the Company's Executive Long-Term
Incentive Plan. The terms of these plans are described in the Company's Proxy
Statement filed with the Securities and Exchange Commission on March 26, 2020
(the "Proxy Statement"). He will also receive a one-time signing bonus of
$300,000, subject to an obligation to return this bonus under the conditions
described in the Employment Agreement, and the Company will recommend to the
Compensation Committee of the Board that Mr. Hoffman be granted restricted stock
units with a value at grant of $1 million.

Mr. Hoffman will be subject to a covenant not to compete with the Company during
the term of his employment and for one year thereafter, as well as other
restrictive covenants described in the Employment Agreement. If Mr. Hoffman's
employment is terminated by the Company without cause, or by Mr. Hoffman with
good reason, he will receive severance equal to twelve months of his
then-current base salary (18 months if he resigns because he has not been
promoted to Chief Executive Officer by March 8, 2022), offset by the amount of
salary and guaranteed compensation, if any, he is entitled to from another
employer, and the other payments and benefits described in the Employment
Agreement.

On August 7, 2020, the Company and Mr. Hoffman entered into an Executive
Severance Agreement and an Indemnification Agreement, both in substantially the
forms as the Company has entered into with other executives. The Executive
Severance Agreement provides him with certain rights, including the right to
receive payments in the event of a termination of employment following a change
in control of the Company. The Indemnification Agreement requires the Company to
indemnify and advance expenses to him to the fullest extent permitted by law
with respect to any action, suit, proceeding, inquiry or investigation in which
he is involved as a party or otherwise because he is or was a director, officer,
employee, agent or fiduciary of the Company.

The foregoing descriptions are not complete and are qualified in their entirety
by reference to the complete text of the Employment Agreement, Executive
Severance Agreement and Indemnification Agreement, respectively. A copy of the
Employment Agreement will be filed as an exhibit to the Company's Quarterly
Report on Form 10-Q for the quarter ended September 26, 2020. Copies of the
Executive Severance Agreement and Indemnification Agreement are filed as
exhibits to this Current Report.

                                       2
--------------------------------------------------------------------------------


Item 9.01       Financial Statements and Exhibits.

                (d)            Exhibits:

                               10.1               Executive Severance Agreemen    t     between Brendan Hoffman and the
                                                Company, dated August 7, 2020.

                               10.2               Indemnification Agreement     be    tween Brenda    n Hoffman     and
                                                the Company    , dated Augu    st 7, 2020    .

                               104              The cover page from this

Current Report on Form 8-K, formatted in


                                                Inline XBRL (included as Exhibit 101).




                                       3

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses