{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-118577","form_type":"8-K","ticker":"SCL","cik":"0000094049","company_name":"STEPAN CO","filed_at":"2024-10-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:11.444213+00:00","generated_at":"2026-05-30T08:49:17.034360+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Stepan promotes CFO Luis Rojo to President and CEO; Scott Behrens departs","bullets":["Luis Rojo appointed President and CEO effective immediately, succeeding Scott Behrens after 31 years.","Rojo receives base salary $940k, target bonus 100% of salary, and equity grants totaling $2M with performance vesting conditions.","Samuel Hinrichsen named interim CFO; annual salary $300k, target bonus 48% of base salary, long-term incentive $100k.","Board approves $600k retention award for EVP Supply Chain Robert Haire, split cash and RSUs vesting over two years."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-118577","json":"https://secwatch.observer/filing/0000950170-24-118577.json","markdown":"https://secwatch.observer/filing/0000950170-24-118577.md","text":"https://secwatch.observer/filing/0000950170-24-118577.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/94049/000095017024118577/0000950170-24-118577-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/94049/000095017024118577/scl-20241029.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T08:49:17.034360+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"99d213f4c8","claim":"Scott R. Behrens departed as President and Chief Executive Officer at STEPAN CO.","evidence_excerpt":"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 the Board with a term expiring at the annual meeting to be held in 2025, effective immediately, succeeding Scott R. Behrens, who is departing the Company to pursue other opportunities.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/94049/000095017024118577/0000950170-24-118577-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"departing"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"d7bb07ca42","claim":"Luis E. Rojo was appointed as President and Chief Executive Officer at STEPAN CO.","evidence_excerpt":"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 the Board with a term expiring at the annual meeting to be held in 2025, effective immediately, succeeding Scott R. Behrens, who is departing the Company to pursue other opportunities.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/94049/000095017024118577/0000950170-24-118577-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"e78caddfaf","claim":"Samuel S. Hinrichsen was appointed as Vice President and Interim Chief Financial Officer at STEPAN CO.","evidence_excerpt":"the Board appointed Samuel S. Hinrichsen to serve as Vice President and Interim Chief Financial Officer of the Company, in addition to continuing his current role as the Company’s Global Director of Finance, until such time as a permanent replacement is named.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/94049/000095017024118577/0000950170-24-118577-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Vice President and Interim Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}