secwatch.observer — SEC 8-K summary
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Issuer:     OLIN Corp (OLN)
CIK:        0000074303
Form:       8-K
Filed at:   2024-02-20T23:59:59+00:00
Accession:  0000074303-24-000031
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/74303/000007430324000031/0000074303-24-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/74303/000007430324000031/oln-20240215.htm
  HTML page:      https://secwatch.observer/filing/0000074303-24-000031

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer