---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-134366"
form_type: "8-K"
ticker: "PCT"
cik: "0001830033"
company_name: "PureCycle Technologies, Inc."
filed_at: "2021-11-04T23:59:59+00:00"
generated_at: "2026-06-28T13:17:54.317413+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# PureCycle appoints Lawrence Somma as CFO effective Nov 15, 2021; replaces Michael Dee

## Summary
- Somma, former LyondellBasell VP Finance Strategy & Transformation, will lead financial strategy.
- Compensation includes $500,000 annual base salary, $250,000 sign-on bonus, and $3.3M equity award.
- Outgoing CFO Michael Dee assisted raising ~$750M and will remain in advisory role for 60 days.
- Somma holds M.B.A. in Finance from University of Buffalo; B.S./M.E. from Cornell.
- Ironton, Ohio facility expected completion Q4 2022; Augusta facility in early development.

## SEC filing metadata
- accession: 0001104659-21-134366
- form_type: 8-K
- ticker: PCT
- cik: 0001830033
- company_name: PureCycle Technologies, Inc.
- filed_at: 2021-11-04T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1830033/000110465921134366/0001104659-21-134366-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1830033/000110465921134366/tm2131980d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-134366
- JSON: https://secwatch.observer/filing/0001104659-21-134366.json
- Plain text: https://secwatch.observer/filing/0001104659-21-134366.txt

## Key facts
- Executive change
  Lawrence Somma was appointed as Chief Financial Officer at PureCycle Technologies, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: On October 30, 2021, PureCycle Technologies, Inc. (the “Company”) reached an agreement with Lawrence Somma, 55, to serve as the Company’s Chief Financial Officer, effective November 15, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1830033/000110465921134366/0001104659-21-134366-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.