Jordan Denny becomes Valvoline (NYSE: VVV) Chief Accounting Officer

Rhea-AI Filing Summary

Valvoline Inc. appointed Jordan M. Denny as Chief Accounting Officer and Controller effective March 6, 2026. He succeeds Dione R. Sturgeon, who moved to the role of Vice President, Treasurer and Tax. Denny has held various finance, treasury and development positions at Valvoline since 2013.

Denny’s annual base salary is $319,520, with a target incentive equal to 40% of base pay under the Valvoline Incentive Plan. For fiscal 2026 he received a $125,000 equity grant, split evenly between time-based restricted stock units and performance stock units. Valvoline states there are no related-party transactions or family relationships involving Denny that require disclosure.

8-K Event Classification

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

1 item

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.

Understanding 8-K Material Events →

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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): March 6, 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

Effective March 6, 2026, the Board of Directors of Valvoline Inc. (the “Company” or “Valvoline”) appointed Jordan M. Denny, age 36, as Chief Accounting Officer and Controller of Valvoline. Mr. Denny succeeds Dione R. Sturgeon, who assumed the role of Vice President, Treasurer and Tax of Valvoline. Mr. Denny most recently served as Vice President, Corporate Development, Investor Relations & Treasurer of Valvoline, from April 2023 to March 2026. Previously, he served as Vice President, Finance & Controller – Retail Services from November 2021 to April 2023 and as Director, Financial Planning & Analysis (FP&A) – Retail Services from August 2020 to November 2021. Prior to such time, Mr. Denny held roles of increasing responsibility in Treasury, FP&A and Corporate Development at Valvoline and its former Parent company from May 2013 to August 2020. Mr. Denny holds a Master of Business Administration from the University of Kentucky and is a Certified Management Accountant (CMA).

Mr. Denny’s annual base salary is $319,520 and he is eligible to participate in the Valvoline Incentive Plan, with a target annual incentive compensation opportunity equal to 40% of his annual base salary. Mr. Denny received an annual equity grant for fiscal year 2026 in November 2025 in the amount of $125,000. Fifty percent of such award was granted in time-based restricted stock units and the other 50% was granted in performance stock units. Mr. Denny is also eligible to participate in the Company’s other benefit plans and programs, including participation in the Valvoline Severance Plan, consistent with other similarly situated executives.

There are no transactions involving Valvoline and Mr. Denny that Valvoline would be required to report pursuant to Item 404(a) of Regulation S-K. Additionally, there are no family relationships between Mr. Denny and any other executive officers of Valvoline or members of Valvoline’s Board of Directors.

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.
						(Registrant)
Date: March 9, 2026						/s/ J. Kevin Willis
						J. Kevin Willis
						Chief Financial Officer

3

FAQ

What executive change did Valvoline (VVV) announce in this 8-K?

Valvoline announced that Jordan M. Denny was appointed Chief Accounting Officer and Controller effective March 6, 2026. He replaces Dione R. Sturgeon, who became Vice President, Treasurer and Tax. The change formalizes a leadership transition within Valvoline’s finance organization and related oversight functions.

What is Jordan Denny’s background before becoming Valvoline’s Chief Accounting Officer?

Jordan M. Denny previously served as Vice President, Corporate Development, Investor Relations & Treasurer from April 2023 to March 2026. Earlier roles included Vice President, Finance & Controller – Retail Services and Director of FP&A, alongside prior treasury and development positions at Valvoline and its former parent since 2013.

How is Valvoline compensating Jordan Denny in his new role?

Jordan Denny’s annual base salary is $319,520, and he has a target annual incentive opportunity equal to 40% of that base under the Valvoline Incentive Plan. He is also eligible for standard executive benefits and participation in the Valvoline Severance Plan, similar to comparable executives.

What equity awards did Jordan Denny receive for fiscal year 2026 at Valvoline?

For fiscal year 2026, Jordan Denny received an equity grant of $125,000 in November 2025. The grant was split evenly: 50% in time-based restricted stock units and 50% in performance stock units, aligning part of his compensation with long-term company performance and share value.

Are there any related-party transactions between Valvoline and Jordan Denny?

Valvoline states there are no transactions involving the company and Jordan M. Denny that require reporting under Item 404(a) of Regulation S-K. The company also notes there are no family relationships between Denny and any executive officers or members of Valvoline’s Board of Directors.

What other benefits is Jordan Denny eligible for as Valvoline’s Chief Accounting Officer?

Besides salary, incentive opportunity and equity, Jordan Denny may participate in Valvoline’s standard benefit plans and programs. This includes eligibility under the Valvoline Severance Plan, on terms consistent with similarly situated executives, supporting continuity and retention of senior finance leadership.

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