UNIVERSAL CORP /VA/ 8-K

What Happened

• Universal Corporation (UVV) filed an 8-K (Item 5.02) announcing it withdrew its offer of employment to Anubhav Mittal for the role of Senior Vice President and Chief Financial Officer. The Board had elected Mr. Mittal on January 20, 2026, with an intended effective date of February 17, 2026; the offer was withdrawn on January 28, 2026. Johan C. Kroner will continue to serve as Senior Vice President and Chief Financial Officer until the Board elects a successor.

Key Details

• Filing: Form 8-K (Item 5.02) filed January 29, 2026.
• Election announced earlier: Board elected Anubhav Mittal as SVP & CFO on January 20, 2026, effective February 17, 2026.
• Offer withdrawal date: January 28, 2026—company withdrew the employment offer to Mr. Mittal.
• Interim coverage: Johan C. Kroner remains in the CFO role; company expects to elect a successor in the near term based on its recent executive search.

Why It Matters

• This is a material executive change in the company’s financial leadership: the planned CFO transition will not occur as previously announced.
• Investors have continuity for financial oversight because the incumbent CFO, Johan C. Kroner, will remain in place until a successor is selected.
• Watch for future filings naming the new CFO and any related compensation or transition details, which could affect investor confidence and management stability.