Westlake Corp. Files Definitive Proxy Statement for 2024 Annual Meeting

Ticker: WLK · Form: DEF 14A · Filed: Mar 29, 2024 · CIK: 1262823

Westlake Corp DEF 14A Filing Summary
FieldDetail
CompanyWestlake Corp (WLK)
Form TypeDEF 14A
Filed DateMar 29, 2024
Risk Levellow
Pages15
Reading Time18 min
Key Dollar Amounts$0.01
Sentimentneutral

Sentiment: neutral

Topics: Proxy Statement, DEF 14A, Westlake Corp, Annual Meeting, Corporate Governance

TL;DR

<b>Westlake Corp. has filed its Definitive Proxy Statement for the upcoming annual meeting.</b>

AI Summary

WESTLAKE CORP (WLK) filed a Proxy Statement (DEF 14A) with the SEC on March 29, 2024. Westlake Corp. filed a Definitive Proxy Statement (DEF 14A) on March 29, 2024. The filing covers the period ending May 9, 2024. The company's principal executive offices are located at 2801 Post Oak Blvd, Suite 600, Houston, TX 77056. Westlake Corp. was formerly known as Westlake Chemical Corp. until September 8, 2003. The SIC code for Westlake Corp. is 2860 (Industrial Organic Chemicals).

Why It Matters

For investors and stakeholders tracking WESTLAKE CORP, this filing contains several important signals. This filing provides shareholders with essential information regarding the upcoming annual meeting, including details on director nominations, executive compensation, and other corporate governance matters. Shareholders will use this document to make informed decisions when voting on proposals at the meeting.

Risk Assessment

Risk Level: low — WESTLAKE CORP shows low risk based on this filing. The filing is a routine DEF 14A, indicating standard corporate governance procedures rather than significant new developments or risks.

Analyst Insight

Review the proxy statement for details on director nominees and executive compensation to understand potential changes in corporate governance and management incentives.

Key Numbers

  • 2024-05-09 — Period of Report End Date (Conformed Period of Report)
  • 2024-03-29 — Filing Date (Filed as of Date)
  • 001-32260 — SEC File Number (SEC File Number)
  • 2860 — SIC Code (Standard Industrial Classification)

Key Players & Entities

  • WESTLAKE CORP (company) — Registrant
  • 2801 POST OAK BLVD (address) — Business Address
  • HOUSTON (location) — Business Address City
  • TX (location) — Business Address State
  • 77056 (postal_code) — Business Address Zip
  • WESTLAKE CHEMICAL CORP (company) — Former Company Name

FAQ

When did WESTLAKE CORP file this DEF 14A?

WESTLAKE CORP filed this Proxy Statement (DEF 14A) with the SEC on March 29, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by WESTLAKE CORP (WLK).

Where can I read the original DEF 14A filing from WESTLAKE CORP?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by WESTLAKE CORP.

What are the key takeaways from WESTLAKE CORP's DEF 14A?

WESTLAKE CORP filed this DEF 14A on March 29, 2024. Key takeaways: Westlake Corp. filed a Definitive Proxy Statement (DEF 14A) on March 29, 2024.. The filing covers the period ending May 9, 2024.. The company's principal executive offices are located at 2801 Post Oak Blvd, Suite 600, Houston, TX 77056..

Is WESTLAKE CORP a risky investment based on this filing?

Based on this DEF 14A, WESTLAKE CORP presents a relatively low-risk profile. The filing is a routine DEF 14A, indicating standard corporate governance procedures rather than significant new developments or risks.

What should investors do after reading WESTLAKE CORP's DEF 14A?

Review the proxy statement for details on director nominees and executive compensation to understand potential changes in corporate governance and management incentives. The overall sentiment from this filing is neutral.

How does WESTLAKE CORP compare to its industry peers?

Westlake Corp. operates in the Industrial Organic Chemicals sector.

Are there regulatory concerns for WESTLAKE CORP?

The filing is made pursuant to Section 14(a) of the Securities Exchange Act of 1934, which governs the solicitation of proxies.

Industry Context

Westlake Corp. operates in the Industrial Organic Chemicals sector.

Regulatory Implications

The filing is made pursuant to Section 14(a) of the Securities Exchange Act of 1934, which governs the solicitation of proxies.

What Investors Should Do

  1. Review the director nominations and qualifications.
  2. Examine the executive compensation details and any proposed changes.
  3. Understand the voting procedures and the company's recommendations on proposals.

Year-Over-Year Comparison

This is a DEF 14A filing, which is a standard proxy statement. No specific comparative data from a previous filing is immediately apparent in this header information.

Filing Stats: 4,444 words · 18 min read · ~15 pages · Grade level 14.2 · Accepted 2024-03-29 11:00:50

Key Financial Figures

  • $0.01 — 1,358 shares of common stock, par value $0.01 per share, outstanding, which represent

Filing Documents

From the Filing

DEF 14A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No.) Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material under 240.14a-12 WESTLAKE CORPORATION (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply): No fee required Fee paid previously with preliminary materials Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 WESTLAKE CORPORATION 2801 Post Oak Blvd. Houston, Texas 77056 NOTICE OF ANNUAL MEETING OF STOCKHOLDERS To Be Held on May 9, 2024 To the Stockholders: The annual meeting of stockholders of Westlake Corporation (the "Company" or "Westlake") will be held at Westlake Center, 2801 Post Oak Blvd., Houston, Texas 77056, on Thursday, May 9, 2024 at 9:00 a.m. local time for the following purposes: (1) To elect the four members of the Board of Directors named in this Proxy Statement for the terms described in the Proxy Statement; (2) To ratify the appointment of PricewaterhouseCoopers LLP to serve as our independent registered public accounting firm for the fiscal year ending December 31, 2024; (3) To vote on a stockholder proposal regarding the preparation of a report on reducing plastic pollution of the oceans; and (4) To act upon any other matters that may properly come before the annual meeting. The Board of Directors has fixed the close of business on March 12, 2024 as the record date for the determination of stockholders entitled to notice of, and to vote at, the annual meeting. We are using the Securities and Exchange Commission's Notice and Access proxy rule, instead of mailing a printed set of materials to each stockholder. On March 29, 2024, we mailed to stockholders of record a Notice Regarding the Availability of Proxy Materials, with instructions on how to access the Company's proxy materials via the Internet (or to request a printed copy) and how to vote online, by telephone or in person at the annual meeting. All stockholders are requested to be present in person or by proxy. Please vote your proxy whether or not you plan to attend the annual meeting. You can vote your proxy either by the Internet, telephone or by requesting a printed copy of the materials and returning the proxy card enclosed with the printed materials in the envelope furnished for that purpose. Any stockholder may revoke a proxy for any reason and at any time before it is voted at the annual meeting. Voting by the Internet or telephone is fast, convenient and your vote is immediately confirmed and tabulated. By using the Internet or telephone you help the Company reduce postage and proxy tabulation costs. Your cooperation is appreciated as a majority of the common stock must be represented, either in person or by proxy, to constitute a quorum for the conduct of business. By Order of the Board of Directors L. Benjamin Ederington Executive Vice President, Performance and Essential Materials, General Counsel and Chief Administrative Officer Dated: March 29, 2024 Important Notice Regarding the Availability of Proxy Materials for the Stockholder Meeting to be Held on May 9, 2024: This Proxy Statement, our annual report to stockholders and other proxy materials are available on the Internet at www.proxyvote.com and at https://investors.westlake.com/financials/annual-and-proxy-reports/default.aspx . WESTLAKE CORPORATION 2801 Post Oak Blvd. Houston, Texas 77056 PROXY STATEMENT For the Annual Meeting of Stockholders to be Held on May 9, 2024 GENERAL MATTERS This Proxy Statement and the accompanying form of proxy are being furnished to the stockholders of Westlake Corporation (the "Company" or "Westlake") on or about March 29, 2024 in connection with the solicitation of proxies by our Board of Directors for use at the annual meeting of stockholders to be held on Thursday, May 9, 2024 at 9:00 a.m. local time at Westlake Center, 2801 Post Oak Blvd., Houston, Texas 77056, and any adjournment of the annual meeting. The following matters will be acted upon at the annual meeting: (1) To elect the four members of the Board of Directors named in this Proxy Statement for the terms described in the Proxy Statement; (2) To ratify the appointment of PricewaterhouseCoopers LLP to serve as our independent registered public accounting firm for the fiscal year ending December 31, 2024; (3) To vote on a stockholder proposal regarding the preparation of a report on reducing plastic pollution of the oceans; and (4) T

View Full Filing

View this DEF 14A filing on SEC EDGAR

View on ReadTheFiling | About | Contact | Privacy | Terms

Data from SEC EDGAR. Not affiliated with the SEC. Not investment advice. © 2026 OpenDataHQ.