secwatch.observer — SEC 8-K summary
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Issuer:     Ingevity Corp (NGVT)
CIK:        0001653477
Form:       8-K
Filed at:   2024-10-03T23:59:59+00:00
Accession:  0001493152-24-039288
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ingevity CEO John Fortson departs; board member Luis Fernandez-Moreno named interim CEO
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- John Fortson resigned as President, CEO, and board member effective October 2, 2024.
- Board member Luis Fernandez-Moreno appointed interim President and CEO; search for permanent CEO underway.
- Interim CEO Fernandez-Moreno receives $3M annual salary and $1M one-time RSU award vesting over one year.
- Fortson eligible for severance per prior agreement subject to confidentiality and non-compete covenants.
- Third-quarter 2024 earnings scheduled for release after market close on October 30, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1653477/000149315224039288/0001493152-24-039288-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1653477/000149315224039288/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-039288

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