Universal Corp names Anubhav Mittal as CFO, effective February 17, 2026
Universal Corporation said its board elected Anubhav Mittal as Senior Vice President and Chief Financial Officer, effective February 17, 2026, replacing Johan C. Kroner, who is retiring. Mittal was previously CFO of ADM Nutrition at Archer Daniels Midland Company, and the filing sets out his pay and sign-on terms, including a $600,000 signing bonus.
Key points
- Board elected Anubhav Mittal on January 20, 2026; he takes the CFO role on February 17, 2026.
- Base salary of $650,000, target bonus of $500,000, and long-term incentive target of $850,000 beginning May 2026.
- One-time RSU grant of approximately $2 million, plus a $600,000 signing bonus repayable if he resigns or is terminated for cause within 24 months.
- Johan C. Kroner steps down as CFO on February 17, 2026, and remains a Senior Vice President until July 1, 2026, serving as an advisor to CEO Preston D. Wigner.
The filing
Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 21, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.