Quaker Chemical Announces CFO Transition and New Appointment
Company Announcements

Quaker Chemical Announces CFO Transition and New Appointment

Quaker Chemical (KWR) has issued an announcement.

Quaker Chemical Corporation has announced the termination of Shane Hostetter as CFO, with a departure date of June 7, 2024, and a transition period until August 4, 2024. His termination is not due to any issues with financial statements or disagreements on accounting practices. Tom Coler, with a strong background in corporate finance and experience in various industries, has been appointed as the new CFO starting June 10, 2024. Coler’s compensation includes a base salary of $515,000, potential annual incentives, a mix of stock units, and a sign-on equity award, along with customary executive benefits and severance arrangements.

Find detailed analytics on KWR stock on TipRanks’ Stock Analysis page.

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