---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-059139"
form_type: "8-K"
ticker: "KWR"
cik: "0000081362"
company_name: "QUAKER CHEMICAL CORP"
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T07:44:47.819905+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Quaker Houghton appoints Tom Coler as CFO effective June 10, 2024; Shane Hostetter departs

## Summary
- Shane Hostetter terminated as CFO effective June 7, 2024; will remain in transition role through August 4, 2024.
- Tom Coler appointed EVP and CFO effective June 10, 2024; previously CFO at Savage Companies and H.B. Fuller.
- Compensation includes $515k base salary, 65% target annual bonus, $850k target LTI (60% PSUs, 40% RSUs).
- Equity sign-on award of $400k RSUs vests on 2nd anniversary; repayment required if voluntary resignation within 3 years.
- Relocation lump sum of ~$12,000 grossed up for taxes; temporary housing provided.

## SEC filing metadata
- accession: 0001104659-24-059139
- form_type: 8-K
- ticker: KWR
- cik: 0000081362
- company_name: QUAKER CHEMICAL CORP
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/81362/000110465924059139/0001104659-24-059139-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/81362/000110465924059139/tm2413816d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-059139
- JSON: https://secwatch.observer/filing/0001104659-24-059139.json
- Plain text: https://secwatch.observer/filing/0001104659-24-059139.txt

## Key facts
- Executive change
  Shane Hostetter was terminated as Chief Financial Officer at QUAKER CHEMICAL CORP.
  - Action: terminated
  - Role: Chief Financial Officer
  source text: On May 9, 2024, Quaker Chemical Corporation (the “Company”) announced the termination of the employment of Shane Hostetter, as the Company’s Chief Financial Officer, effective as of June 7, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/81362/000110465924059139/0001104659-24-059139-index.htm
- Executive change
  Tom Coler was appointed as Executive Vice President and Chief Financial Officer at QUAKER CHEMICAL CORP.
  - Action: appointed
  - Role: Executive Vice President and Chief Financial Officer
  source text: On May 6, 2024, the Board of Directors of the Company appointed Tom Coler, age 50, to Executive Vice President and Chief Financial Officer, effective June 10, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/81362/000110465924059139/0001104659-24-059139-index.htm

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