---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-127631"
form_type: "8-K"
ticker: "KWR"
cik: "0000081362"
company_name: "QUAKER CHEMICAL CORP"
filed_at: "2024-12-11T23:59:59+00:00"
generated_at: "2026-05-29T04:56:48.295025+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Quaker Chemical finalizes CEO Tometich's severance; 18 months pay, accelerated equity vesting

## Summary
- Tometich departed Nov 18, 2024; agreement signed Dec 5, 2024 includes 18 months bi-weekly severance at current rate plus prorated AIP at 100% individual target.
- Receives accelerated prorated vesting of outstanding stock options, RSUs, PSUs, and restricted stock under 2016 LTIP; PSUs paid at end of performance periods.
- Vested stock options exercisable until earlier of 3rd anniversary of separation or option term.
- Also receives 90 days paid salary in lieu of notice, 12 months outplacement, and prorated 2024 AIP bonus in March 2025.

## SEC filing metadata
- accession: 0001104659-24-127631
- form_type: 8-K
- ticker: KWR
- cik: 0000081362
- company_name: QUAKER CHEMICAL CORP
- filed_at: 2024-12-11T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/81362/000110465924127631/0001104659-24-127631-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/81362/000110465924127631/tm2430660d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-127631
- JSON: https://secwatch.observer/filing/0001104659-24-127631.json
- Plain text: https://secwatch.observer/filing/0001104659-24-127631.txt

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