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Whirlpool appoints Karin Risi to its board

Risi will take seats on Whirlpool’s Finance and Human Resources committees and receive the compensation structure used for its other non-employee directors.

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Form Type
8-K

Rhea-AI Filing Summary

Whirlpool Corporation (WHR) appointed Karin Risi as a director on October 19, 2026, effective immediately. She will serve on the board’s Human Resources and Finance committees. Her compensation will be consistent with that of other non-employee directors: an annual cash retainer of $150,000 and annual equity compensation of $160,000 in Whirlpool common stock, paid on the date of the company’s annual meeting of stockholders.

Risi spent 28 years at Vanguard, where she served as managing director and chief strategy and product officer, overseeing strategy, business development, and global product development for an investment platform serving more than 50 million investors.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Annual cash retainer $150,000 Compensation for a non-employee director
Annual equity compensation $160,000 In Whirlpool common stock, paid on the date of the annual meeting of stockholders
Vanguard career 28 years Karin Risi’s career at Vanguard
Investment platform $12 trillion Platform overseen during Risi’s Vanguard career
Investors served More than 50 million investors Investors served by the Vanguard platform
annual cash retainer financial
"an annual cash retainer in the amount of $150,000"
annual equity compensation financial
"annual equity compensation, to be paid in Whirlpool common stock"
non-employee directors financial
"consistent with that of other non-employee directors"
Non-employee directors are board members who do not work for the company as salaried employees and usually do not hold day-to-day management roles. They act like outside referees or independent coaches, providing oversight, asking tough questions, and protecting shareholders’ interests; investors care because these directors help ensure management is accountable, reduce conflicts of interest, and influence decisions that affect company strategy and long-term value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What compensation will Karin Risi receive as a WHR director?

Karin Risi will receive an annual cash retainer of $150,000 and annual equity compensation of $160,000 in Whirlpool common stock. The equity compensation will be paid on the date of the company’s annual meeting of stockholders.

What was Karin Risi’s role at Vanguard before joining the WHR board?

Karin Risi served as Vanguard’s managing director and chief strategy and product officer, overseeing enterprise strategy, business development, and global product development. She also led the effort to build and launch Vanguard’s Personal Advisor wealth management business.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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WHIRLPOOL CORP /DE/0000106640false00001066402026-10-192026-10-190000106640exch:XNYSus-gaap:CommonStockMember2026-10-192026-10-190000106640exch:XCHIus-gaap:CommonStockMember2026-10-192026-10-190000106640exch:XNYSwhr:DepositaryShareMember2026-10-192026-10-19


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) October 19, 2026
 
WHIRLPOOL CORPORATION
(Exact name of registrant as Specified in Charter)
 
Delaware1-393238-1490038
(State or Other Jurisdiction of Incorporation)(Commission File Number)(I.R.S. Employer Identification No.)
2000 North M-63, MD 3602
Benton Harbor,
Michigan
49022-2692
(Address of principal executive offices)(Zip Code)
Registrant’s telephone number, including area code (269) 923-5000
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading symbol(s)Name of each exchange on which registered
Common stock, par value $1.00 per shareWHRNew York Stock ExchangeandNYSE Texas
Depositary Shares, each representing a 1/20th interest in a share of 8.50% Series A Mandatory Convertible Preferred Stock, par value $1.00 per shareWHR-PRANew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐



Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On October 19, 2026, the Board of Directors (the "Board") of Whirlpool Corporation (the "Company") appointed Karin Risi as a director of Whirlpool Corporation and a member of the Board's Human Resources Committee and Finance Committee, effective immediately.
Ms. Risi's compensation will be consistent with that of other non-employee directors, consisting of an annual cash retainer in the amount of $150,000, and annual equity compensation, to be paid in Whirlpool common stock, in the amount of $160,000 on the date of the Company's annual meeting of stockholders.
The press release announcing the appointment of Ms. Risi is filed herewith as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.
(d)     Exhibits.
Exhibit No.Exhibit
Exhibit 99.1
Press Release
Exhibit 104Cover Page Interactive Data File (embedded within the Inline XBRL document)

Website Disclosure
We routinely post important information for investors on our website, whirlpoolcorp.com, in the "Investors" section. We also intend to update the Hot Topics Q&A portion of this webpage as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Accordingly, investors should monitor the Investors section of our website, in addition to following our press releases, SEC filings, public conference calls, presentations and webcasts. The information contained on, or that may be accessed through, our webpage is not incorporated by reference into, and is not a part of, this document.




SIGNATURE
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.
 
Date: October 20, 2026WHIRLPOOL CORPORATION
By:/s/ BRIDGET K. QUINN
Name:Bridget K. Quinn
Title:Deputy General Counsel & Corporate Secretary


Whirlpool Corporation Welcomes Karin Risi to Board of Directors

BENTON HARBOR, Mich., Oct. 19, 2026 — The Whirlpool Corp. board of directors has appointed Karin Risi, a former Vanguard senior executive with more than 30 years of experience in asset and wealth management, effective immediately. Risi will serve on the Finance and Human Resources committees.

"Karin’s exceptional leadership in asset management, strategic growth, digital innovation and global operations, combined with her extensive governance experience, makes her an invaluable addition to our board as we continue driving meaningful value and long-term success for our shareholders and consumers," said Marc Bitzer, chairman and CEO of Whirlpool Corp.

During her 28-year career at Vanguard, Risi served as managing director and chief strategy and product officer, overseeing enterprise strategy, business development, and global product development for a $12 trillion investment platform serving more than 50 million investors. She previously served as managing director of Vanguard Personal Investor, leading the business strategy, financial performance, digital transformation, and client experience for millions of individual investors. Risi also led the effort to build and launch Vanguard’s Personal Advisor wealth management business, a strategic growth engine for the firm. Earlier in her career, she held leadership roles of increasing responsibility in investment analysis, corporate strategy, and institutional asset management.

Risi holds a bachelor’s degree in finance and a MBA from Villanova University. She currently serves as an independent director of SEI Investments Company and HarbourVest Partners.

About Whirlpool Corporation
Whirlpool Corporation (NYSE: WHR) is a leading home appliance company, in constant pursuit of improving life at home. As the only major U.S.-based manufacturer of kitchen and laundry appliances, the company is driving meaningful innovation to meet the evolving needs of consumers through its iconic brand portfolio, including Whirlpool, KitchenAid, JennAir, Maytag, Amana, Brastemp, Consul, and InSinkErator. In 2025, the company reported approximately $16 billion in annual net sales - close to 90% of which were in the Americas - 41,000 employees, and 35 manufacturing and technology research centers. Additional information about the company can be found at WhirlpoolCorp.com.


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