Stepan Co. Names New CFO, Scott Behrends Transitions

Ticker: SCL · Form: 8-K · Filed: 2024-10-30T00:00:00.000Z

Sentiment: neutral

Topics: executive-appointment, cfo-change, leadership-transition

TL;DR

Stepan Co. appoints new CFO Jonathan Wood, Behrends moves to Strategic Planning.

AI Summary

Stepan Company announced on October 29, 2024, the appointment of Mr. Jonathan L. Wood as Senior Vice President and Chief Financial Officer, effective November 4, 2024. Mr. Wood will succeed Mr. Scott R. Behrends, who will transition to the role of Senior Vice President, Strategic Planning. Mr. Wood's prior experience includes serving as Executive Vice President and Chief Financial Officer at Univar Solutions Inc.

Why It Matters

This executive leadership change at the CFO level could signal shifts in financial strategy or operational focus for Stepan Company.

Risk Assessment

Risk Level: low — This filing reports routine executive appointments and transitions, which typically carry low inherent risk.

Key Players & Entities

FAQ

What is the effective date of Jonathan L. Wood's appointment as CFO?

Jonathan L. Wood's appointment as Senior Vice President and Chief Financial Officer is effective November 4, 2024.

What will be Scott R. Behrends' new role?

Scott R. Behrends will transition to the role of Senior Vice President, Strategic Planning.

Where did Jonathan L. Wood previously work?

Jonathan L. Wood previously served as Executive Vice President and Chief Financial Officer at Univar Solutions Inc.

What is Stepan Company's principal executive office location?

Stepan Company's principal executive offices are located at 1101 Skokie Boulevard, Suite 500, Northbrook, Illinois, 60062.

What is the date of the earliest event reported in this 8-K filing?

The date of the earliest event reported in this 8-K filing is October 29, 2024.

From the Filing

0000950170-24-118577.txt : 20241030 0000950170-24-118577.hdr.sgml : 20241030 20241030065508 ACCESSION NUMBER: 0000950170-24-118577 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 12 CONFORMED PERIOD OF REPORT: 20241029 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20241030 DATE AS OF CHANGE: 20241030 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STEPAN CO CENTRAL INDEX KEY: 0000094049 STANDARD INDUSTRIAL CLASSIFICATION: SOAP, DETERGENT, CLEANING PREPARATIONS, PERFUMES, COSMETICS [2840] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 361823834 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-04462 FILM NUMBER: 241407380 BUSINESS ADDRESS: STREET 1: EDENS & WINNETKA ROAD CITY: NORTHFIELD STATE: IL ZIP: 60093 BUSINESS PHONE: 8474467500 MAIL ADDRESS: STREET 1: EDENS & WINNETKA ROAD CITY: NORTHFIELD STATE: IL ZIP: 60093 FORMER COMPANY: FORMER CONFORMED NAME: STEPAN CHEMICAL CO /DE/ DATE OF NAME CHANGE: 19840108 8-K 1 scl-20241029.htm 8-K 8-K false 0000094049 0000094049 2024-10-29 2024-10-29   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): October 29, 2024     STEPAN COMPANY (Exact name of Registrant as Specified in Its Charter)     Delaware 1-4462 36-1823834 (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.)           1101 Skokie Boulevard Suite 500   Northbrook , Illinois   60062 (Address of Principal Executive Offices)   (Zip Code)   Registrant’s Telephone Number, Including Area Code: 847 446-7500     (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, $1 par value   SCL   The 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 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). 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. Appointment of Luis E. Rojo as President and Chief Executive Officer and Departure of Scott R. Behrens On October 30, 2024, Stepan Company (the “Company”) announced that the Board of Directors (the “Board”) of the Company appointed Luis E. Rojo as President and Chief Executive Officer and as a member of

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