8-K filed February 20, 2024, 6:59 PM ET ticker OLN CIK 0000074303

leadership confidence high sentiment neutral materiality 0.75

Olin appoints Kenneth Lane as CEO effective March 18, 2024; Sutton steps down

OLIN Corp

Kenneth Lane, former LyondellBasell EVP Global Olefins & Polyolefins, named President, CEO and Director.
Scott Sutton steps down as President, CEO and Director; William Weideman appointed Chairman effective Feb 16, 2024.
Lane receives $1.1M base salary, 130% target STI, $7M LTI target, and 200,000 RSU initial equity award.
Lane brings 30+ years chemicals experience at LyondellBasell, BASF, and BP Chemicals; roles in US, Asia, Europe.

item 5.02 item 8.01 item 9.01

Executive movements

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Appointed

Kenneth Lane

President and Chief Executive Officer

OLN · OLIN Corp

Effective: 2024-03-18
Filed: February 20, 2024, 6:59 PM ET

that the Board of Directors of Olin (the “Board”) has appointed Kenneth Lane, 55, as President and Chief Executive Officer of Olin, effective as of March 18, 2024

Departed

Scott M. Sutton

President and Chief Executive Officer

OLN · OLIN Corp

Effective: 2024-03-18
Successor: Kenneth Lane
Filed: February 20, 2024, 6:59 PM ET

Scott M. Sutton, who will be stepping down as President and Chief Executive Officer and Director of Olin on the Effective Date.

Departed

Scott M. Sutton

Director

OLN · OLIN Corp

Effective: 2024-03-18
Successor: Kenneth Lane
Filed: February 20, 2024, 6:59 PM ET

Scott M. Sutton, who will be stepping down as President and Chief Executive Officer and Director of Olin on the Effective Date.

Appointed

Kenneth Lane

Director

OLN · OLIN Corp

Effective: 2024-03-18
Filed: February 20, 2024, 6:59 PM ET

The Board has also elected Mr. Lane to the Board, effective as of the Effective Date, to fill the vacancy created by Mr. Sutton stepping down

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Kenneth Lane was appointed as President and Chief Executive Officer at OLIN Corp.

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

that the Board of Directors of Olin (the “Board”) has appointed Kenneth Lane, 55, as President and Chief Executive Officer of Olin, effective as of March 18, 2024

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Scott M. Sutton departed as President and Chief Executive Officer at OLIN Corp.

Action: stepping down
Role: President and Chief Executive Officer

Exact text from the filing

Scott M. Sutton, who will be stepping down as President and Chief Executive Officer and Director of Olin on the Effective Date.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.9

Scott M. Sutton departed as Director at OLIN Corp.

Action: stepping down
Role: Director

Exact text from the filing

Scott M. Sutton, who will be stepping down as President and Chief Executive Officer and Director of Olin on the Effective Date.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.9

Kenneth Lane was elected as Director at OLIN Corp.

Action: elected
Role: Director

Exact text from the filing

The Board has also elected Mr. Lane to the Board, effective as of the Effective Date, to fill the vacancy created by Mr. Sutton stepping down

View on SEC.gov

OLIN Corp filing history →

Source: SEC EDGAR

accession 0000074303-24-000031

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