secwatch.observer — SEC 8-K summary
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Issuer:     Chemours Co (CC)
CIK:        0001627223
Form:       8-K
Filed at:   2024-06-05T23:59:59+00:00
Accession:  0000950170-24-069063
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chemours names Shane Hostetter as CFO effective July 1, 2024
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- Hostetter joins from Quaker Houghton, where he served as CFO since April 2021.
- He receives $600k base salary, $50k signing bonus, 75% target bonus, $1M LTI target.
- One-time grant of $500k RSUs vesting one-third per year over three years.
- Interim CFO Matt Abbott returns to role of SVP & Chief Enterprise Transformation Officer.
- Hostetter will lead Finance, IR, Corporate Development, Strategy, and Enterprise Risk Management.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1627223/000095017024069063/0000950170-24-069063-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1627223/000095017024069063/cc-20240531.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-069063

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