Form 8-K
8-K — VALVOLINE INC
Accession: 0001674910-26-000052
Filed: 2026-07-23
Period: 2026-07-22
CIK: 0001674910
SIC: 2990 (MISCELLANEOUS PRODUCTS OF PETROLEUM & COAL)
Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
Item: Financial Statements and Exhibits
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8-K — vvv-20260722.htm (Primary)
EX-99.1 (ex991pressreleasedatedjuly.htm)
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8-K
8-K (Primary)
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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): July 22, 2026
__________________________________
VALVOLINE INC.
(Exact name of registrant as specified in its charter)
___________________________________
Kentucky 001-37884 30-0939371
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(I.R.S. Employer
Identification No.)
100 Valvoline Way, Suite 100
Lexington, KY 40509
(Address of Principal Executive Offices)
(859) 357-7777
(Registrant’s telephone number, including area code)
___________________________________
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 class Trading Symbol(s) Name of each exchange on which registered
Common stock, par value $0.01 per share VVV New 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.
(d). On July 22, 2026, the Board of Directors (the “Board”) of Valvoline Inc. (the “Company”) approved the recommendation of the Governance & Nominating Committee (“G&N Committee”) of the Board that Katherine Fogertey and Scott Mezvinsky be elected to the Board, effective July 22, 2026. Ms. Fogertey will serve on the Board's Audit Committee and Mr. Mezvinsky will serve on the G&N Committee.
As non-employee directors, Ms. Fogertey and Mr. Mezvinsky will be entitled to receive compensation in accordance with the Company's non-employee director compensation program, which provides that non-employee directors shall receive an (i) annual cash retainer in the amount of $100,000, paid quarterly; and (ii) annual equity retainer in the form of restricted stock units with a grant date value of $135,000, pro-rated for less than a full year of service. The Compensation Committee approved pro-rated restricted stock unit awards for Ms. Fogertey and Mr. Mezvinsky with a grant date value of $70,644, which was granted on July 22, 2026. The restricted stock units will become fully vested on July 22, 2027, subject to their continuous service as members of the Board on such date.
There are no arrangements or understandings between either Ms. Fogertey or Mr. Mezvinsky and any other person pursuant to which they were elected as directors. There are no transactions or proposed transactions between either Ms. Fogertey or Mr. Mezvinsky and the Company that would be required to be reported under Item 404(a) of Regulation S-K.
A copy of the press release issued by the Company on July 23, 2026 announcing the election of Ms. Fogertey and Mr. Mezvinsky to the Board is attached as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
99.1
Press Release, dated July 23, 2026.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
2
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.
VALVOLINE INC.
Date: July 23, 2026 By: /s/ Julie M. O'Daniel
Julie M. O'Daniel
Senior Vice President, Chief Legal Officer and Corporate Secretary
3
EX-99.1
EX-99.1
Filename: ex991pressreleasedatedjuly.htm · Sequence: 2
Document
Exhibit 99.1
NEWS RELEASE
Katherine Fogertey and Scott Mezvinsky Elected to Valvoline Inc. Board of Directors
LEXINGTON, Ky., July 23, 2026 – Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today announced the election of Katherine Fogertey, former CFO of Shake Shack, and Scott Mezvinksy, CEO of the KFC Division of Yum! Brands, to its Board of Directors, effective July 22, 2026.
Fogertey is a finance executive with more than two decades of experience spanning public company leadership and equity capital markets. She most recently served as Chief Financial Officer of Shake Shack Inc. (NYSE: SHAK), a leading global fast-casual restaurant company with nearly 700 company-operated and licensed locations, where she guided the company through a period of significant operational, strategic, and financial transformation, driving margin expansion, disciplined unit growth, and the development of advanced data and analytics capabilities that supported long-term value creation. Previously, she spent nearly 16 years at Goldman Sachs, most recently as Vice President in Global Investment Research, where she was the lead equity analyst covering the U.S. restaurant industry.
Mezvinsky is a seasoned executive with more than 20 years of experience leading global consumer businesses with a strong track record of delivering impactful results. He currently serves as the Chief Executive Officer of the KFC division of Yum! Brands, Inc. (NYSE: YUM), leading the world’s largest chicken restaurant brand, with more than 30,000 restaurants in 150 countries and territories around the world. In that role, he is responsible for KFC’s global strategy, brand stewardship, franchise partnerships, operations and long-term growth. Mezvinsky joined Yum! Brands in 2004 and has held a variety of senior leadership positions across finance, strategy, development, operations and general management, including serving as President of Taco Bell North America and International.
“We are thrilled to welcome Katie and Scott to the Valvoline Inc. Board of Directors,” said Richard J. Freeland, Chairman of the Board. “Katie’s deep financial expertise, capital markets and investor insights, and successful track record using data analytics and driving operational excellence aligns seamlessly with our long-term strategic vision. Likewise, Scott’s extensive experience leading global consumer brands, scaling both U.S. and international franchise
networks, and executing large-scale growth strategies will provide invaluable insight to our Board and guidance to our executive team. Together, their combined expertise brings fresh, vital perspectives to our Board that will be instrumental in creating long-term shareholder value.”
The Board appointed Fogertey to serve as a member of the Board’s Audit Committee and Mezvinsky to serve as a member of the Board’s Governance and Nominating Committee, effective July 22, 2026.
About Valvoline Inc.
Valvoline Inc. (NYSE: VVV) delivers quick, easy, trusted service at more than 2,400 franchised and company-operated service centers across the United States and Canada. The Company completes more than 30 million services annually system-wide, from about 15-minute stay-in-your-car oil changes to a variety of manufacturer-recommended maintenance services such as wiper replacements and tire rotations. At Valvoline Inc., it all starts with our people, including the 13,000 team members who are working to drive the full potential of our core business, deliver sustainable network growth, and innovate to meet the evolving needs of our customers and the car parc. For more information, visit vioc.com.
For Further Information
Investor Relations
Elizabeth B. Clevinger
+1 (859) 357-3155
IR@valvoline.com
Media Contact
Angela Davied
+1 (913) 302-0032
angela.davied@valvoline.com
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