Balchem Corp Announces Executive and Director Changes
Ticker: BCPC · Form: 8-K · Filed: Oct 17, 2024 · CIK: 9326
| Field | Detail |
|---|---|
| Company | Balchem CORP (BCPC) |
| Form Type | 8-K |
| Filed Date | Oct 17, 2024 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, board-of-directors, executive-compensation
Related Tickers: BCPC
TL;DR
Balchem's board and execs are shuffling; watch for strategic shifts.
AI Summary
Balchem Corporation announced on October 16, 2024, changes in its executive team and board of directors. The filing details the departure of certain officers and the election of new directors, alongside information regarding compensatory arrangements for its key executives. Specific names and dollar amounts related to these changes were not detailed in the provided excerpt.
Why It Matters
Changes in executive leadership and board composition can signal shifts in company strategy, governance, and future performance.
Risk Assessment
Risk Level: medium — Changes in key leadership roles can introduce uncertainty regarding future strategy and operational execution.
Key Players & Entities
- Balchem Corporation (company) — Registrant
- Maryland (jurisdiction) — State of incorporation
- Montvale, NJ (location) — Principal executive offices
FAQ
What specific roles have been affected by the executive and director changes?
The filing indicates the departure of certain officers and the election of new directors, but does not specify the exact roles in the provided excerpt.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on October 16, 2024.
What is Balchem Corporation's state of incorporation?
Balchem Corporation is incorporated in Maryland.
What is the business address of Balchem Corporation?
The business address is 5 Paragon Drive, Montvale, NJ 07645.
What is the SIC code for Balchem Corporation?
The Standard Industrial Classification code for Balchem Corporation is 2800 (Chemicals & Allied Products).
Filing Stats: 426 words · 2 min read · ~1 pages · Grade level 13.7 · Accepted 2024-10-17 16:30:36
Filing Documents
- ef20037359_8k.htm (8-K) — 24KB
- 0001140361-24-043626.txt ( ) — 154KB
- bcpc-20241016.xsd (EX-101.SCH) — 4KB
- bcpc-20241016_lab.xml (EX-101.LAB) — 21KB
- bcpc-20241016_pre.xml (EX-101.PRE) — 16KB
- ef20037359_8k_htm.xml (XML) — 4KB
02
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On October 16, 2024, the Corporate Governance and Nominating Committee of the Balchem Corporation ("Balchem") Board of Directors (the "Board") accepted the resignation of Joyce Lee as a Director. Ms. Lee tendered her resignation in accordance with Balchem's Corporate Governance Guidelines as a result of a planned change in her principal employment. The Board greatly appreciates Ms. Lee's dedicated service to the Board over the last five years.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BALCHEM CORPORATION (Registrant) By: /s/ Hatsuki Miyata Hatsuki Miyata Executive Vice President, General Counsel and Secretary Date: October 17, 2024