Acco Brands appoints Kathryn D. Ingraham as general counsel and corporate secretary

Acco Brands Corporation (NYSE:ACCO) announced that its board of directors has accepted the resignation of Pamela R. Schneider as senior vice president, general counsel, and corporate secretary, effective August 4, 2025. The company has appointed Kathryn D. Ingraham as Schneider’s successor in these roles.

According to a statement released in a filing with the Securities and Exchange Commission, Schneider had previously agreed to continue serving until a new appointment was made as part of her voluntary retirement. After Ingraham assumes her new position, Schneider will remain employed by Acco Brands until September 30, 2025, to assist with the transition. The company maintains a healthy dividend yield of 7.52% and shows favorable liquidity metrics. Discover more insights with InvestingPro’s comprehensive Research Report, which includes 10 additional ProTips and detailed financial analysis.

Acco Brands, headquartered in Lake Zurich, Illinois, manufactures office products and is listed on the New York Stock Exchange under the ticker (NYSE:ACCO). The company’s announcement was disclosed in a press release statement included in the SEC filing.

In other recent news, ACCO Brands Corporation reported its first-quarter financial results for 2025, showing a decline in sales by approximately 12% compared to the previous year. The company posted an earnings per share (EPS) of -$0.02, which surpassed the forecasted -$0.05, but revenue slightly missed expectations at $317 million against a forecast of $318.05 million. Fitch Ratings downgraded ACCO Brands’ Issuer Default Rating to ’BB-’ from ’BB’, citing concerns over the company’s leverage and anticipated lower EBITDA levels. Additionally, ACCO Brands held its Annual Meeting where shareholders elected nine directors and ratified KPMG LLP as the independent auditor for 2025. The shareholders also approved executive compensation and an amendment to the 2022 Incentive Plan, increasing shares reserved for issuance. In a strategic move, ACCO Brands announced leadership changes as part of a multi-year restructuring program aimed at simplifying its operating structure. The company is also executing a $100 million cost reduction program and expanding product lines to support hybrid work environments.

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