Quaker Houghton appoints Joseph Berquist as CEO, replacing Andy Tometich

QUAKER CHEMICAL CORP

Joseph Berquist appointed CEO and President effective Nov 18, 2024; also elected to Board as Class I director.
Berquist previously served as Chief Commercial Officer and has been with the company since 1997.
Andy Tometich departs as CEO and President; termination is involuntary without cause, not related to any disagreement.
Berquist's employment agreement: base salary $800K, target bonus 100% of salary, LTI target $2.3M.
Berquist co-led integration of 2019 Quaker Houghton combination and has been involved in 24 acquisitions.

item 5.02 item 8.01 item 9.01

Executive movements

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Departed

Andrew E. Tometich

Chief Executive Officer and President

KWR · QUAKER CHEMICAL CORP

Effective: 2024-11-18
Successor: Joseph A. Berquist
Filed: November 20, 2024, 6:59 PM ET

Additionally, effective as of November 18, 2024, Andrew E. Tometich no longer serves as the Company’s Chief Executive Officer and President or as a member of the Board.

Appointed

Joseph A. Berquist

Chief Executive Officer and President

KWR · QUAKER CHEMICAL CORP

Effective: 2024-11-18
Filed: November 20, 2024, 6:59 PM ET

On November 14, 2024, the Board of Directors (the “Board”) of Quaker Chemical Corporation (the “Company”), appointed Joseph A. Berquist, age 53, the Company’s Chief Commercial Officer, to serve as Chief Executive Officer and President, effective November 18, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Andrew E. Tometich departed as Chief Executive Officer and President at QUAKER CHEMICAL CORP.

Action: no longer serves
Role: Chief Executive Officer and President

Exact text from the filing

Additionally, effective as of November 18, 2024, Andrew E. Tometich no longer serves as the Company’s Chief Executive Officer and President or as a member of the Board.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Joseph A. Berquist was appointed as Chief Executive Officer and President at QUAKER CHEMICAL CORP.

Action: appointed
Role: Chief Executive Officer and President

Exact text from the filing

On November 14, 2024, the Board of Directors (the “Board”) of Quaker Chemical Corporation (the “Company”), appointed Joseph A. Berquist, age 53, the Company’s Chief Commercial Officer, to serve as Chief Executive Officer and President, effective November 18, 2024.

View on SEC.gov

QUAKER CHEMICAL CORP filing history →

Source: SEC EDGAR

accession 0001104659-24-121066

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