Element Solutions Appoints New CTO
Ticker: ESI · Form: 8-K · Filed: Jun 28, 2024 · CIK: 1590714
| Field | Detail |
|---|---|
| Company | Element Solutions Inc (ESI) |
| Form Type | 8-K |
| Filed Date | Jun 28, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-appointment, technology
TL;DR
Element Solutions just named Dr. Michael J. Koeris as their new CTO, effective June 27, 2024.
AI Summary
Element Solutions Inc. announced on June 27, 2024, the appointment of Dr. Michael J. Koeris as Chief Technology Officer. Dr. Koeris previously served as the company's Senior Vice President of Technology and Innovation. This appointment is part of the company's ongoing strategy to drive technological advancement and innovation within its business segments.
Why It Matters
The appointment of a new Chief Technology Officer can signal a renewed focus on innovation and product development, potentially impacting the company's competitive position and future growth.
Risk Assessment
Risk Level: low — This filing reports on an executive appointment, which is a routine corporate event and does not inherently carry significant financial risk.
Key Players & Entities
- Element Solutions Inc (company) — Registrant
- Dr. Michael J. Koeris (person) — Appointed Chief Technology Officer
- June 27, 2024 (date) — Effective date of appointment
FAQ
Who has been appointed as the new Chief Technology Officer of Element Solutions Inc.?
Dr. Michael J. Koeris has been appointed as the new Chief Technology Officer of Element Solutions Inc.
What was Dr. Michael J. Koeris's previous role at Element Solutions Inc.?
Dr. Michael J. Koeris previously served as the Senior Vice President of Technology and Innovation at Element Solutions Inc.
When was the appointment of Dr. Michael J. Koeris as CTO effective?
The appointment was effective as of June 27, 2024.
What is the business address of Element Solutions Inc.?
The business address of Element Solutions Inc. is 500 East Broward Boulevard, Suite 1860, Fort Lauderdale, FL 33394.
What is the Standard Industrial Classification code for Element Solutions Inc.?
The Standard Industrial Classification code for Element Solutions Inc. is 2890 (MISCELLANEOUS CHEMICAL PRODUCTS).
Filing Stats: 468 words · 2 min read · ~2 pages · Grade level 12.2 · Accepted 2024-06-28 16:19:46
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 per share ESI New York Stock Exchange
Filing Documents
- esi-20240627.htm (8-K) — 25KB
- esi-20240627_g1.jpg (GRAPHIC) — 286KB
- 0001590714-24-000128.txt ( ) — 825KB
- esi-20240627.xsd (EX-101.SCH) — 2KB
- esi-20240627_lab.xml (EX-101.LAB) — 23KB
- esi-20240627_pre.xml (EX-101.PRE) — 13KB
- esi-20240627_htm.xml (XML) — 3KB
From the Filing
esi-20240627 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________________________________________ FORM 8-K ________________________________________________________ CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): June 27, 2024 ________________________________________________________ Element Solutions Inc ________________________________________________________ (Exact name of registrant as specified in its charter) Delaware 001-36272 37-1744899 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 500 East Broward Boulevard, Suite 1860 33394 Fort Lauderdale, Florida (Zip Code) (Address of principal executive offices) Registrant's telephone number, including area code: ( 561 ) 207-9600 Not Applicable ________________________________________________________ (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading symbol(s) Name of each exchange on which registered Common Stock, par value $0.01 per share ESI New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (b) On June 27, 2024, Element Solutions Inc (the "Company") announced that, in connection with transition planning for his expected retirement, Joseph J. D'Ambrisi will resign as Executive Vice President, Head of Electronics and a named executive officer of the Company, effective July 1, 2024. His successor, Richard L. Fricke, an executive officer and Senior Vice President, Electronics of the Company, will replace Mr. D'Ambrisi, effective July 1, 2024. To assist with the transition, Mr. D'Ambrisi will remain with the Company in an advisory capacity until the end of 2024. SIGNATURE 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. ELEMENT SOLUTIONS INC (Registrant) June 28, 2024 /s/ John E. Capps (Date) John E. Capps Executive Vice President, General Counsel and Secretary