Sensient Technologies Corporation Announces Annual Meeting of Shareholders

TL;DR

Sensient Technologies Corporation is holding its Annual Meeting on April 25, 2024, for shareholders to elect directors, vote on executive compensation, and ratify auditors.

AI Summary

SENSIENT TECHNOLOGIES CORP (SXT) filed a Proxy Statement (DEF 14A) with the SEC on March 13, 2024. Annual Meeting scheduled for April 25, 2024, at 8:00 a.m. Central Time in Milwaukee, WI. Shareholders will vote on the election of ten directors nominated by the Board. An advisory vote on executive compensation will be held. Ernst & Young LLP is proposed for ratification as independent auditors for 2024. Shareholders can vote by telephone, Internet, or by returning a proxy card.

Why It Matters

For investors and stakeholders tracking SENSIENT TECHNOLOGIES CORP, this filing contains several important signals. Shareholder participation is crucial for corporate governance, including director elections and advisory votes on executive pay. The ratification of independent auditors ensures financial transparency and accountability for the fiscal year 2024.

Risk Assessment

Risk Level: low — SENSIENT TECHNOLOGIES CORP shows low risk based on this filing. The filing is a routine proxy statement for an annual shareholder meeting, with no immediate financial or operational concerns indicated.

Analyst Insight

Review the nominated directors and executive compensation proposals to make informed voting decisions.

Key Numbers

• 10 — Directors to be elected (Number of directors nominated for election)
• 2024 — Fiscal Year (Year for which auditors are being ratified)
• April 25, 2024 — Annual Meeting Date (Date of the shareholder meeting)
• 8:00 a.m. — Meeting Time (Time of the shareholder meeting)

Key Players & Entities

• Sensient Technologies Corporation (company) — Registrant name
• Paul Manning (person) — Chairman, President and Chief Executive Officer
• Ernst & Young LLP (company) — Independent auditors
• April 25, 2024 (date) — Annual Meeting date
• 2024 (date) — Fiscal year for auditors
• 2023 (date) — Annual Report on Form 10-K year
• Milwaukee, Wisconsin (location) — Meeting location
• 777 East Wisconsin Avenue (location) — Company address

FAQ

Industry Context

Sensient Technologies Corporation operates in the industrial organic chemicals sector, providing specialty chemicals and colors.

Regulatory Implications

The filing is made under Section 14(a) of the Securities Exchange Act of 1934, governing proxy solicitations.

What Investors Should Do

1. Review the list of nominated directors and their qualifications.
2. Understand the details of the executive compensation plan being presented for an advisory vote.
3. Confirm the ratification of Ernst & Young LLP as independent auditors for 2024.

Key Dates

• 2024-04-25: Annual Meeting of Shareholders — Election of directors, advisory vote on executive compensation, and ratification of independent auditors.

Year-Over-Year Comparison

This is a definitive proxy statement (DEF 14A) filed for the upcoming annual meeting, indicating routine corporate governance procedures.

Key Financial Figures

• $0.10 — f the Company's Common Stock, par value $0.10 per share ("Common Stock"), as of the c
• $11,000 — , estimated not to exceed approximately $11,000 in the aggregate, plus reasonable out-o

Filing Documents

• ny20021811x2_def14a.htm (DEF 14A) — 1803KB
• logo_sensientv2.jpg (GRAPHIC) — 26KB
• sig_paulmanning.jpg (GRAPHIC) — 27KB
• ny20021811x2_brettbruggeman.jpg (GRAPHIC) — 17KB
• ny20021811x2_carolrjackson.jpg (GRAPHIC) — 18KB
• ny20021811x2_debmcgeb.jpg (GRAPHIC) — 22KB
• ny20021811x2_donaldwlandry.jpg (GRAPHIC) — 20KB
• ny20021811x2_essiewhitelaw.jpg (GRAPHIC) — 19KB
• ny20021811x2_josephcarleone.jpg (GRAPHIC) — 21KB
• ny20021811x2_marioferruzzi.jpg (GRAPHIC) — 21KB
• ny20021811x2_paulmanning.jpg (GRAPHIC) — 23KB
• ny20021811x2_pc01.jpg (GRAPHIC) — 589KB
• ny20021811x2_pc02.jpg (GRAPHIC) — 1016KB
• ny20021811x2_pvpchart01x1.jpg (GRAPHIC) — 151KB
• ny20021811x2_pvpchart02x1.jpg (GRAPHIC) — 140KB
• ny20021811x2_pvpchart03x1.jpg (GRAPHIC) — 143KB
• ny20021811x2_pvpchart04x1.jpg (GRAPHIC) — 146KB
• ny20021811x2_scottcmorrison.jpg (GRAPHIC) — 21KB
• ny20021811x2_sharadpjain.jpg (GRAPHIC) — 23KB
• 0001140361-24-013017.txt ( ) — 9270KB
• sxt-20240425.xsd (EX-101.SCH) — 7KB
• sxt-20240425_def.xml (EX-101.DEF) — 6KB
• sxt-20240425_lab.xml (EX-101.LAB) — 20KB
• sxt-20240425_pre.xml (EX-101.PRE) — 10KB
• ny20021811x2_def14a_htm.xml (XML) — 334KB

From the Filing

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 Section 240.14a-12 SENSIENT TECHNOLOGIES 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 March 13, 2024 Dear Fellow Shareholder: You are invited to attend the Annual Meeting of Shareholders of Sensient Technologies Corporation. The meeting will be held on Thursday, April 25, 2024, at 8:00 a.m., Central Time, at the Westin Milwaukee, 550 North Van Buren Street, Milwaukee, Wisconsin. I hope that you will be able to join us for the meeting: (i) to elect ten directors nominated by the Board of Directors of the Company as described in the Proxy Statement; (ii) to give an advisory vote on our executive compensation; and (iii) to ratify the appointment of Ernst & Young LLP, certified public accountants, as the independent auditors of the Company for 2024; and to transact such other business as may properly come before the meeting or any adjournment thereof. Whether or not you plan to attend the meeting, it is important that you exercise your right to vote as a shareholder. Please indicate your vote by completing your proxy in one of three ways according to the instructions contained in the Notice of Internet Availability of Proxy Materials: (1) vote by telephone; (2) vote by Internet; or (3) complete a proxy card and return it using the envelope provided. Be assured that your votes are completely confidential. We are also delivering our 2023 Annual Report on Form 10-K by mail or over the Internet for your review. On behalf of the officers and directors of the Company, thank you for your continued support and confidence. Sincerely, Paul Manning Chairman, President and Chief Executive Officer SENSIENT TECHNOLOGIES CORPORATION 777 East Wisconsin Avenue Milwaukee, Wisconsin 53202 Notice of Annual Meeting to be held on April 25, 2024 To the Shareholders of Sensient Technologies Corporation: NOTICE IS HEREBY GIVEN that the 2024 Annual Meeting of Shareholders ("Meeting") of Sensient Technologies Corporation, a Wisconsin corporation ("Company"), will be held at the Westin Milwaukee, 550 North Van Buren Street, Milwaukee, Wisconsin, on Thursday, April 25, 2024, at 8:00 a.m., Central Time, for the following purposes: 1. To elect ten directors nominated by the Board of Directors of the Company as described in the proxy statement; 2. To give an advisory vote to approve the compensation of the Company's named executive officers, as disclosed pursuant to Item 402 of Regulation S-K, including the Compensation Discussion and Analysis, compensation tables, and narrative discussion in the proxy statement; 3. To ratify the appointment of Ernst & Young LLP, certified public accountants, as the independent auditors of the Company for 2024; and To transact such other business as may properly come before the Meeting or any adjournments thereof. Important Notice Regarding the Internet Availability of Proxy Materials for the Shareholder Meeting to be held on April 25, 2024 The Proxy Statement and Notice of Annual Meeting and the 2023 Annual Report on Form 10-K are available on Sensient's website at http://investor.sensient.com. The Board of Directors has fixed the close of business on February 28, 2024 as the record date for the determination of shareholders entitled to notice of, and to vote at, the Meeting and any adjournments thereof. Holders of a majority of the outstanding shares must be present at the Meeting or by proxy in order for the Meeting to be held. As allowed under the Securities and Exchange Commission's rules, we have elected to furnish our proxy materials over the Internet to most shareholders and deliver printed proxy materials to Sensient's employee benefit plan participants that have not received notice of default electronic delivery and other shareholders who have requested paper copies. We have mailed a Notice of Internet Availability of Proxy Materials (the "Notice") to those shareholders who will receive our proxy materials over the Internet. The Notice contains instructions on how to access the proxy statement and our Annual Report on Form 10-K via the Internet and how to vote. Shareholders of record who wish to vote in person may do so at the Meeting. Whether or not you are able to at

View Full Filing

View this DEF 14A filing on SEC EDGAR