Jeff Kutz resigns as CAO; Steve Dassing appointed Principal Accounting Officer at Quaker Chemical

QUAKER CHEMICAL CORP

Jeff Kutz resigned as Chief Accounting Officer effective July 18, 2025; departure voluntary, no disagreement with Company.
Steve Dassing, 39, assumes Principal Accounting Officer role in addition to his current VP, Corporate Controller position.
Dassing's salary set at $300,000/year; eligible for AIP with 35% target and LTIP with $110,000 target.
Dassing joined Quaker in 2022 as Corporate Controller; prior roles at FXI and Dorman Products; CPA.
No arrangements or family relationships exist between Dassing and any director or executive officer.

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