---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-007884"
form_type: "8-K"
ticker: "NGVT"
cik: "0001653477"
company_name: "Ingevity Corp"
filed_at: "2025-03-10T23:59:59+00:00"
generated_at: "2026-05-25T01:36:17.010000+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Ingevity appoints David H. Li as CEO; $1.1M base salary, $5M one-time equity award

## Summary
- David H. Li appointed President and CEO effective April 7, 2025, succeeding interim CEO Luis Fernandez-Moreno who remains on board.
- Mr. Li has over 25 years specialty materials experience, most recently CEO of CMC Materials sold to Entegris in 2022.
- Compensation: base salary $1.1M, annual cash target 120% of base, LTIP target 500% of base.
- One-time equity award of $5M: $2M PSUs (three-year performance), $1M RSUs (four-year vest), $2M options.
- Mr. Li expected to join board after 2025 annual meeting.

## SEC filing metadata
- accession: 0001140361-25-007884
- form_type: 8-K
- ticker: NGVT
- cik: 0001653477
- company_name: Ingevity Corp
- filed_at: 2025-03-10T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1653477/000114036125007884/0001140361-25-007884-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1653477/000114036125007884/ef20045156_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-007884
- JSON: https://secwatch.observer/filing/0001140361-25-007884.json
- Plain text: https://secwatch.observer/filing/0001140361-25-007884.txt

## Key facts
- Executive change
  David H. Li was appointed as President and Chief Executive Officer at Ingevity Corp.
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: On March 10, 2025, Ingevity Corporation (“Ingevity”) announced that its Board of Directors (the “Board”) has appointed David H. Li as President and Chief Executive Officer of Ingevity, effective April 7, 2025
  evidence_url: https://www.sec.gov/Archives/edgar/data/1653477/000114036125007884/0001140361-25-007884-index.htm
- Executive change
  Luis Fernandez-Moreno departed as interim President and Chief Executive Officer at Ingevity Corp.
  - Action: stepped down
  - Role: interim President and Chief Executive Officer
  source text: In connection with Mr. Li’s appointment, Luis Fernandez-Moreno will step down as interim President and Chief Executive Officer of Ingevity as of the Effective Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1653477/000114036125007884/0001140361-25-007884-index.htm

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