secwatch.observer — SEC 8-K summary
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Issuer:     STEPAN CO (SCL)
CIK:        0000094049
Form:       8-K
Filed at:   2025-07-14T23:59:59+00:00
Accession:  0001193125-25-158429
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stepan appoints Ruben Velasquez as CFO effective July 15, 2025
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- Ruben Velasquez appointed VP and CFO, effective July 15, 2025, succeeding interim CFO Samuel Hinrichsen.
- Annual base salary of $475,000; target short-term incentive of 75% of base salary.
- Initial LTI grant includes $200,000 in RSUs, $100,000 in performance shares, and $100,000 in SARs.
- Velasquez previously served as VP Global Finance Transformation at 3M; also held senior finance roles at 3M and Ecopetrol.
- Hinrichsen returns to VP of Finance role after serving as interim CFO.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/94049/000119312525158429/0001193125-25-158429-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/94049/000119312525158429/d27959d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-158429

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