UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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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 April 9, 2021, Richard K. Strege, the Principal Accounting Officer of Snap-on Incorporated (the “Company”), as well as its Vice President and Controller, informed the Company that he intends to retire on or about June 30, 2021. Marty V. Ozolins, currently Vice President, Internal Audit, was elected as Vice President and Controller, as well as Principal Accounting Officer, by the Company’s Board of Directors, effective upon Mr. Strege’s retirement.
Mr. Ozolins, age 49, has served as Vice President, and formerly Director of Internal Audit, since 2016. Before coming to the Company, Mr. Ozolins served as Vice President and Controller of Journal Media Group, Inc. following its spin-off from Journal Communications, Inc. in 2015. At Journal Communications for 18 years, Mr. Ozolins held positions of increasing responsibility, ultimately serving as Vice President and Corporate Controller beginning in 2014. Prior to that, he worked for the State of Wisconsin Legislative Audit Bureau. Mr. Ozolins holds a Bachelor of Business Administration degree in Accounting from the University of Wisconsin-Madison and is a member of the Wisconsin Institute of Certified Public Accountants.
No changes to Mr. Ozolins’s compensation have been determined at this point. He will continue to be eligible for participation in the Company’s incentive plans.
Mr. Ozolins does not have any business relationships with the Company requiring disclosure under Item 404(a) of Regulation S-K.
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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.
SNAP-ON INCORPORATED | ||||||||
Date: April 14, 2021 | By: | /s/ Richard T. Miller |
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Richard T. Miller | ||||||||
Vice President, General Counsel and Secretary |