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An update from Stepan Company ( (SCL) ) is now available.
On February 18, 2025, Edward J. Wehmer announced his decision to retire from Stepan Company’s Board of Directors, effective from the 2025 Annual Meeting of Stockholders scheduled for April 29, 2025. Wehmer, who has been on the board since 2003 and served as Lead Independent Director since 2016, decided to retire without any disagreements with the company’s policies or practices. His retirement will lead to a reduction in the board size from eight to seven directors, with Randall S. Dearth succeeding him as Lead Independent Director. This change marks the end of Wehmer’s impactful 22-year tenure, during which he significantly contributed to the company’s growth and strategic direction.
More about Stepan Company
Stepan Company is a prominent manufacturer of specialty and intermediate chemicals, mainly focusing on producing surfactants, which are essential components in consumer and industrial cleaning products, as well as agricultural and oilfield solutions. The company is also a key supplier of polyurethane polyols used in the thermal insulation market and CASE industries. Headquartered in Northbrook, Illinois, Stepan operates a network of production facilities across North and South America, Europe, and Asia.
YTD Price Performance: -1.03%
Average Trading Volume: 120,853
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.41B
For a thorough assessment of SCL stock, go to TipRanks’ Stock Analysis page.
