secwatch.observer — SEC 8-K summary
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Issuer:     FUEL TECH, INC. (FTEK)
CIK:        0000846913
Form:       8-K
Filed at:   2022-06-07T23:59:59+00:00
Accession:  0001437749-22-014507
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Fuel Tech appoints Ellen Albrecht as CFO, Treasurer effective June 1, 2022
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- Albrecht promoted to VP, CFO and Treasurer; previously Acting Treasurer, Controller and PFO since March 2020.
- Annual base salary set at $250,000, reduced 10% to $225,000 under ongoing officer salary reduction program.
- Target incentive participation of 30% of net annual base salary under 2022 Corporate Incentive Plan.
- No severance payments upon termination; no family relationships with directors or officers.
- Albrecht has been with Fuel Tech since 1996 in roles including Controller, Accounting Manager, and Accountant.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/846913/000143774922014507/0001437749-22-014507-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/846913/000143774922014507/ftek20220606_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-014507

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