Olin Corp Reports Director Changes and Executive Compensation Details
Ticker: OLN · Form: 8-K · Filed: Dec 10, 2024 · CIK: 74303
| Field | Detail |
|---|---|
| Company | Olin CORP (OLN) |
| Form Type | 8-K |
| Filed Date | Dec 10, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $1.00 |
| Sentiment | neutral |
Sentiment: neutral
Topics: director-change, executive-compensation, governance
TL;DR
Olin Corp swapped a director and updated exec pay – standard 8-K stuff.
AI Summary
Olin Corporation announced on December 5, 2024, the departure of Director John M. Liffers and the election of new Director Michael J. McVay. The company also reported on compensatory arrangements for its named executive officers. This filing is a current report under Section 13 or 15(d) of the Securities Exchange Act of 1934.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — This filing primarily concerns routine corporate governance matters such as director changes and executive compensation, which typically carry low immediate risk.
Key Players & Entities
- Olin Corporation (company) — Registrant
- John M. Liffers (person) — Departing Director
- Michael J. McVay (person) — Newly Elected Director
- December 5, 2024 (date) — Date of earliest event reported
- 1934 Act (legal_document) — SEC Act
FAQ
Who has departed from Olin Corporation's board of directors?
John M. Liffers has departed from Olin Corporation's board of directors as of December 5, 2024.
Who has been elected as a new director to Olin Corporation's board?
Michael J. McVay has been elected as a new director to Olin Corporation's board.
What is the primary purpose of this Form 8-K filing?
This Form 8-K filing serves as a current report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, reporting on the departure of directors, election of directors, and compensatory arrangements of certain officers.
What is Olin Corporation's state of incorporation?
Olin Corporation is incorporated in Virginia.
What is the business address of Olin Corporation?
The business address of Olin Corporation is 190 Carondelet Plaza, Suite 1530, Clayton, MO 63105.
Filing Stats: 579 words · 2 min read · ~2 pages · Grade level 11.9 · Accepted 2024-12-10 16:35:10
Key Financial Figures
- $1.00 — ange on which registered Common Stock, $1.00 par value per share OLN New York Stock
Filing Documents
- oln-20241205.htm (8-K) — 29KB
- exhibit101retentionagreeme.htm (EX-10.1) — 14KB
- 0000074303-24-000201.txt ( ) — 170KB
- oln-20241205.xsd (EX-101.SCH) — 2KB
- oln-20241205_lab.xml (EX-101.LAB) — 22KB
- oln-20241205_pre.xml (EX-101.PRE) — 13KB
- oln-20241205_htm.xml (XML) — 3KB
01. Exhibits
Item 9.01. Exhibits. (d) Exhibit No. Exhibit 10.1 Retention Agreement Side Letter, dated December 5, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 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. OLIN CORPORATION By: /s/ Inchan Hwang Name: Inchan Hwang Title: Vice President, Deputy General Counsel and Corporate Secretary Date: December 10, 2024