---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-093720"
form_type: "8-K"
ticker: "ASPN"
cik: "0001145986"
company_name: "ASPEN AEROGELS INC"
filed_at: "2022-04-01T23:59:59+00:00"
generated_at: "2026-06-26T10:17:52.004540+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Aspen Aerogels CFO John Fairbanks retires; Ricardo Rodriguez appointed CFO

## Summary
- John Fairbanks retired as VP, CFO and Treasurer effective April 1, 2022; will provide consulting through March 31, 2023.
- Ricardo Rodriguez, previously Chief Strategy Officer, promoted to SVP, CFO and Treasurer effective April 1, 2022.
- Rodriguez receives base salary of $350,000 and performance bonus target of at least 50% under new executive agreement.
- Company amended loan with Silicon Valley Bank to revise certain financial covenants; terms not detailed.
- Fairbanks’ vested options exercisable through April 1, 2024; unvested awards continue vesting during consulting period.

## SEC filing metadata
- accession: 0001193125-22-093720
- form_type: 8-K
- ticker: ASPN
- cik: 0001145986
- company_name: ASPEN AEROGELS INC
- filed_at: 2022-04-01T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1145986/000119312522093720/0001193125-22-093720-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1145986/000119312522093720/d341015d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-093720
- JSON: https://secwatch.observer/filing/0001193125-22-093720.json
- Plain text: https://secwatch.observer/filing/0001193125-22-093720.txt

## Key facts
- Executive change
  John F. Fairbanks retired as Vice President, Chief Financial Officer and Treasurer at ASPEN AEROGELS INC.
  - Action: retired
  - Role: Vice President, Chief Financial Officer and Treasurer
  source text: Mr. Fairbanks retired and resigned from his position as Vice President, Chief Financial Officer and Treasurer of the Company effective as of the Transition Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1145986/000119312522093720/0001193125-22-093720-index.htm
- Executive change
  Ricardo C. Rodriguez was appointed as Senior Vice President, Chief Financial Officer and Treasurer at ASPEN AEROGELS INC.
  - Action: promoted
  - Role: Senior Vice President, Chief Financial Officer and Treasurer
  source text: Effective April 1, 2022, the Company promoted Ricardo C. Rodriguez, Chief Strategy Officer, to the position of Senior Vice President, Chief Financial Officer and Treasurer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1145986/000119312522093720/0001193125-22-093720-index.htm

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