Wolverine Investment Trust

The trust operates under the governance of Wolverine World Wide's senior management, with President and CEO Chris Hufnagel and CFO Mike Stornant holding executive authority over the parent company's financial strategy, including pension fund allocation.

The trust is the pension plan and trust entity for Wolverine World Wide employees. It is sponsored and funded by Wolverine World Wide, Inc., the publicly traded footwear and apparel company whose brands include Merrell, Saucony, and Hush Puppies.

The trust's mandate covers early-stage venture, including seed and start-up rounds, expansion and late-stage growth equity, and commitments to external venture funds through a fund-of-funds approach. The strategy is generalist across venture and growth without a publicly stated stage restriction.

The trust deploys through both direct venture and growth investments and commitments to external venture funds, creating a hybrid model that combines direct deal exposure with diversified manager access.

Yes, the Wolverine World Wide Foundation operates as a separate entity managing the company's philanthropic initiatives, distinct from the Wolverine Investment Trust's pension management function.

The mandate appears deliberately broad, with no publicly disclosed sector exclusions. The trust invests across venture and growth opportunities that sit outside Wolverine World Wide's core footwear and apparel categories, giving the pension portfolio access to innovation in unrelated sectors.

The trust operates from Wolverine World Wide's headquarters in Rockford, Michigan, with no separately branded investment office or satellite locations publicly disclosed.