Element Solutions Inc shareholders approved Ratification of the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for 2026 at the 2026-05-04 meeting.
“The proposal for the ratification of the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for 2026 received the following votes: For Against Abstain Broker Non-Votes 232,667,940 722,764 154,046 --”
Shareholder Votes
Element Solutions Inc shareholders rejected Advisory resolution to approve the compensation of the Company's named executive officers at the 2026-05-04 meeting.
“The proposal on the advisory resolution to approve the compensation of the Company's named executive officers received the following votes: For Against Abstain Broker Non-Votes 94,453,991 133,467,914 2,139,708 3,493,137”
Shareholder Votes
Element Solutions Inc shareholders approved Election of Directors at the 2026-05-04 meeting.
“The stockholders entitled to vote elected each of the eight director nominees set forth in the Proxy Statement to serve until the Company's 2027 annual meeting of stockholders or until his or her respective successor is duly elected and qualified. The voting results were as follows: Nominee For Against Abstain Broker Non-Votes Benjamin Gliklich 228,604,339 1,316,086 141,188 3,493,137 Ian G.H. Ashken 189,081,771 40,830,374 149,468 3,493,137 Elyse Filon 229,849,940 91,012 120,661 3,493,137 Christopher T. Fraser 227,439,254 2,488,112 134,247 3,493,137 Michael F. Goss 182,207,981 47,705,535 148,097 3,493,137 E. Stanley O'Neal 216,537,343 13,374,662 149,608 3,493,137 Susan W. Sofronas 197,073,189 32,869,080 119,344 3,493,137”
Earnings Releases
Element Solutions Inc updated its full year 2026 guidance (raised).
“The Company now expects full year 2026 adjusted EBITDA to be in the range of $665 million to $685 million”
Earnings Releases
Element Solutions Inc reported the three months ended March 31, 2026 results: revenue Net sales of $840 million, net income Reported net income of $56 million, EPS GAAP diluted EPS was $0.23. Guidance raised.
“by specific reference to such filing. --- EX-99.1 (EX-99.1) --- Element Solutions Inc Reports Record Quarterly Results and Increases 2026 Full Year Guidance • Net sales of $840 million, an increase of 41% on a reported basis or 10% on an organic basis from the first quarter of 2025 • Reported net income of $56 million, compared to $98 million in the same period”
Debt Financings
Element Solutions Inc entered an off-balance-sheet arrangement for term loan of $350 million maturing December 2029.
“In connection with Amendment No. 10, the Company entered into new interest rate swaps and cross-currency swaps to effectively convert $350 million of the New Term Loans, a U.S. Dollar denominated debt obligation, into fixed-rate euro-denominated debt through December 2029.”
Debt Financings
Element Solutions Inc incurred revolving credit of $500 million at Term SOFR, Adjusted EURIBO Rate or Daily Simple RFR (each as defined in the Cred maturing February 2, 2031.
“Amendment No. 10 provided for (i) an incremental term facility for new U.S. Dollar denominated term loans (the "New Term Loans") in an aggregate principal amount of $450 million with such New Term Loans established as an increase to, and fungible with, the Company's existing $836 million tranche B U.S. Dollar denominated term loans (the "Existing Term Loans" and together with the New Term Loans, the "Term Loans") and (ii) a new revolving credit facility in an aggregate principal amount of $500 million (the "New Revolving Credit Facility"), which replaced the $375 million revolving credit facility in effect immediately prior to the Effective Date (the "Initial Revolving Credit Facility"), thereby upsizing the Initial Revolving Credit Facility by $125 million and also extending its maturity to February 2, 2031.”
Debt Financings
Element Solutions Inc incurred term loan of $450 million at Term SOFR (as defined in the Credit Agreement), subject to a rate floor of 0%, p maturing December 18, 2030.
“Amendment No. 10 provided for (i) an incremental term facility for new U.S. Dollar denominated term loans (the "New Term Loans") in an aggregate principal amount of $450 million with such New Term Loans established as an increase to, and fungible with, the Company's existing $836 million tranche B U.S. Dollar denominated term loans (the "Existing Term Loans" and together with the New Term Loans, the "Term Loans") and (ii) a new revolving credit facility in an aggregate principal amount of $500 million (the "New Revolving Credit Facility"), which replaced the $375 million revolving credit facility in effect immediately prior to the Effective Date (the "Initial Revolving Credit Facility"), thereby upsizing the Initial Revolving Credit Facility by $125 million and also extending its maturity to February 2, 2031. The proceeds of the New Term Loans, together with available cash, were used to finance the purchase price of the previously-announced acquisition of Micromax, which closed on Febr”
Material Agreements
Element Solutions Inc amended Amendment No. 10 and Joinder to Credit Agreement with Citibank, N.A. valued at $450 million New Term Loans and $500 million New Revolving Credit Facility, upsizing by $125 million (effective 2026-02-02).
“Incremental Term Loans & Revolver Upsize On February 2, 2026 (the "Effective Date"), Element Solutions Inc (the "Company"), MacDermid, Incorporated ("MacDermid," and together with the Company, the "Borrowers"), certain subsidiaries of the Company party thereto, Citibank, N.A., as collateral agent and administrative agent (the "Agent"), and the lenders party thereto, entered into an Amendment No. 10 and Joinder to Credit Agreement ("Amendment No. 10"), which amends that certain credit agreement, dated as of January 31, 2019 (as amended and/or supplemented from time to time, the “Credit Agreement”).”
John E. Capps departed as Executive Vice President, General Counsel and Secretary at Element Solutions Inc.
“On October 2, 2024, John E. Capps, Executive Vice President, General Counsel and Secretary of Element Solutions Inc (the "Company"), announced his intention to retire from his current position at a date to be determined in 2025.”
Richard L. Fricke was appointed as Executive Vice President, Head of Electronics at Element Solutions Inc.
“Richard L. Fricke, an executive officer and Senior Vice President, Electronics of the Company, will replace Mr. D'Ambrisi, effective July 1, 2024.”
Joseph J. D'Ambrisi departed as Executive Vice President, Head of Electronics at Element Solutions Inc.
“Joseph J. D'Ambrisi will resign as Executive Vice President, Head of Electronics and a named executive officer of the Company, effective July 1, 2024.”
Earnings Releases
Element Solutions Inc reported three months ended March 31, 2024 results: revenue $575 million, net income $56 million, EPS $0.23. Guidance raised.
“(EX-99.1 2024.3.31 EARNINGS RELEASE) --- 2024.3.31 EARNINGS RELEASE Document EXHIBIT 99.1 Element Solutions Inc Announces 2024 First Quarter Financial Results • Net sales of $575 million, approximately flat on a reported basis or a 1% increase on an organic basis from the first quarter of 2023 • Reported net income of $56 million, compared to $43 million in the”
Earnings Releases
Element Solutions Inc updated its fourth quarter and full year ended December 31, 2023 guidance (reaffirmed).
“On February 20, 2024, Element Solutions Inc ("Element Solutions") issued a press release announcing its financial results for the fourth quarter and full year ended December 31, 2023.”
Matthew Liebowitz was appointed as Executive Vice President, Strategy and Head of Industrial & Specialty at Element Solutions Inc.
“On February 13, 2024, the Board also appointed Matthew Liebowitz as Executive Vice President, Strategy and Head of Industrial & Specialty and as an executive officer of Element Solutions, effective immediately.”
Richard L. Fricke was appointed as Senior Vice President, Electronics at Element Solutions Inc.
“On February 13, 2024, the Board of Directors of Element Solutions (the "Board") appointed Richard L. Fricke as Senior Vice President, Electronics and as an executive officer of Element Solutions, effective immediately.”
Debt Financings
Element Solutions Inc incurred term loan of $1,150 million with Citibank, N.A., as collateral agent and administrative agent at Term SOFR plus a spread of 2.00% per annum maturing December 18, 2030.
“Amendment No. 8 provided for the repayment in full of the Company's existing $150 million tranche A term loans (the "Existing TLAs") and the refinancing of its existing $1,105 million tranche B term loans (the "Existing TLBs") by creating a new tranche B-2 of term loans denominated in U.S. dollars in an aggregate principal amount of $1,150 million (the "Refinanced TLBs").”
Material Agreements
Element Solutions Inc entered into ISDA Master Agreements for Swaps with certain banks included in the syndicate of the Refinanced TLBs (the Hedge Counterparties) valued at approximately $760 million notional; fixed EUR all-in rate of 4.31% (effective 2023-12-18).
“The Company subsequently entered into new interest rate and cross-currency swap transactions (the "Swaps") with certain banks included in the syndicate of the Refinanced TLBs (the "Hedge Counterparties").”
Material Agreements
Element Solutions Inc amended Amendment No. 8 and Joinder to Credit Agreement with Citibank, N.A. valued at $1,150,000,000 Refinanced TLBs; interest at Term SOFR plus 2.00% or base rate plus 1.00% (effective 2023-12-18).
“On December 18, 2023, Element Solutions Inc (the "Company"), MacDermid, Incorporated ("MacDermid," and together with the Company, the "Borrowers"), certain subsidiaries of the Company party thereto, Citibank, N.A., as collateral agent and administrative agent (the "Agent"), and the lenders party thereto, entered into an Amendment No. 8 and Joinder to Credit Agreement ("Amendment No. 8"), which amended that certain credit agreement, dated as of January 31, 2019 (as amended and/or supplemented from time to time, the “Credit Agreement”), among the Borrowers, certain subsidiaries of the Company from time to time parties thereto, the Agent and the lending institutions from time to time parties thereto.”
Michael Goralski retired as Executive Vice President, Head of Industrial & Specialty at Element Solutions Inc.
“Michael Goralski, a named executive officer of the Company, retired as Executive Vice President, Head of Industrial & Specialty, effective December 31, 2023.”
Earnings Releases
Element Solutions Inc reported the three and nine months ended September 30, 2023 results: revenue $599 million, net income Reported net loss was $32 million, EPS GAAP diluted loss per share was $0.13. Guidance reaffirmed.
“(EX-99.1 2023.9.30 EARNINGS RELEASE) --- 2023.9.30 EARNINGS RELEASE Document EXHIBIT 99.1 Element Solutions Inc Announces 2023 Third Quarter Financial Results • Net sales of $599 million, a decrease of 3% from the third quarter last year on a reported basis and organic basis • GAAP diluted loss per share of $0.13, inclusive of a $0.33 negative impact from”
Earnings Releases
Element Solutions Inc reported three and six months ended June 30, 2023 results: revenue $586 million, net income $27 million, EPS $0.11.
“(EX-99.1 2023.6.30 EARNINGS RELEASE) --- 2023.6.30 EARNINGS RELEASE Document EXHIBIT 99.1 Element Solutions Inc Announces 2023 Second Quarter Financial Results • Net sales of $586 million, a decrease of 13% from the second quarter last year on a reported basis or a decrease of 6% on an organic basis • GAAP diluted EPS of $0.11, compared to $0.25 in the same period”
Shareholder Votes
Element Solutions Inc shareholders approved Ratification of Auditors at the 2023-06-06 meeting.
“Proposal 4 - Ratification of Auditors — The proposal for the ratification of the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for 2023 was approved and received the following votes: For Against Abstain Broker Non-Votes 227,118,423 517,628 83,064 --”
Shareholder Votes
Element Solutions Inc shareholders approved Approval of 2024 Plan at the 2023-06-06 meeting.
“Proposal 3 - Approval of 2024 Plan - The proposal to approve the Element Solutions Inc 2024 Employee Stock Purchase Plan, effective March 1, 2024, was approved and received the following votes: For Against Abstain Broker Non-Votes 222,755,893 232,905 26,785 4,703,532”
Shareholder Votes
Element Solutions Inc shareholders rejected Say-on-Pay Vote at the 2023-06-06 meeting.
“Proposal 2 - Say-on-Pay Vote — The proposal on the advisory resolution to approve the compensation of the Company's named executive officers received the following votes: For Against Abstain Broker Non-Votes 100,654,259 122,248,503 112,821 4,703,532”
Shareholder Votes
Element Solutions Inc shareholders approved Election of Directors at the 2023-06-06 meeting.
“Proposal 1 - Election of Directors — The stockholders entitled to vote approved the election of each of the eight director nominees set forth in the Proxy Statement , each of whom to serve until the Company's 2024 annual meeting of stockholders or until his or her respective successor is duly elected and qualified. The voting results were as follows: Nominee For Against Abstain Broker Non-Votes Sir Martin E. Franklin 218,112,532 4,854,877 48,174 4,703,532 Benjamin Gliklich 222,753,056 217,309 45,218 4,703,532 Ian G.H. Ashken 203,344,753 19,622,511 48,319 4,703,532 Elyse Napoli Filon 222,722,923 251,519 41,141 4,703,532 Christopher T. Fraser 138,173,408 84,757,177 84,998 4,703,532 Michael F. Goss 215,864,740 7,108,213 42,630 4,703,532 Nichelle Maynard-Elliott 221,187,708 1,742,779 85,096 4,703,532 E. Stanley O'Neal 218,469,328 4,497,405 48,850 4,703,532”
Debt Financings
Element Solutions Inc entered an off-balance-sheet arrangement for debt of an aggregate initial notional amount of approximately €140.2 million with certain banks at fixed EUR all-in rate of 4.59% maturing January 31, 2026.
“Swap Transactions On June 1, 2023, the Company entered into swap transactions (the "Swaps") with certain banks, including lenders of the Tranche A Term Loans (the "Hedge Counterparties").”
Debt Financings
Element Solutions Inc incurred term loan of $150 million with Citibank, N.A. at Term SOFR (as defined in the Credit Agreement), plus a spread of 1.75% per annum maturing January 31, 2026.
“Pursuant to Amendment No. 7, the Borrowers borrowed new U.S. dollar-denominated term loans (the "Tranche A Term Loans") under an incremental term loan facility (the "Term Loan A Facility") in an aggregate principal amount of $150 million under the Credit Agreement.”
Material Agreements
Element Solutions Inc entered into Swaps with certain banks, including lenders of the Tranche A Term Loans valued at aggregate initial notional amount of approximately €140.2 million (effective 2023-06-01).
“On June 1, 2023, the Company entered into swap transactions (the "Swaps") with certain banks, including lenders of the Tranche A Term Loans (the "Hedge Counterparties")”
Material Agreements
Element Solutions Inc amended Amendment No. 7 and Joinder to Credit Agreement with Citibank, N.A., as collateral agent and administrative agent, and the lenders party thereto valued at $150 million (effective 2023-06-01).
“On June 1, 2023, Element Solutions Inc (the "Company"), MacDermid, Incorporated ("MacDermid," and together with the Company, the "Borrowers"), certain subsidiaries of the Company party thereto, Citibank, N.A., as collateral agent and administrative agent (the "Agent"), and the lenders party thereto, entered into an Amendment No. 7 and Joinder to Credit Agreement ("Amendment No. 7")”
Earnings Releases
Element Solutions Inc reported the three months ended March 31, 2023 results: revenue $574 million, net income $43 million, EPS $0.18. Guidance lowered.
“Element Solutions Inc Announces 2023 First Quarter Financial Results • Net sales of $574 million, a decrease of 16% from the first quarter last year on a reported basis or a decrease of 7% on an organic basis • GAAP diluted EPS of $0.18, compared to $0.23 in the same period last year • Reported net income of $43 million, as compared to $56 million in the same period last year”
Earnings Releases
Element Solutions Inc reported fourth quarter and full year ended December 31, 2022 results: revenue $574 million, net income $13 million, EPS $0.05. Guidance initiated.
“trends propelling our markets forward.” Fourth Quarter 2022 Highlights (compared with fourth quarter 2021): • Net sales on a reported basis for the fourth quarter of 2022 were $574 million, a decrease of 11% over the fourth quarter of 2021. Organic net sales increased 3%. ◦ Electronics: Net sales decreased 18% to $338 million. Organic net sales remained”
Debt Financings
Element Solutions Inc incurred revolving credit of $375 million with Citibank, N.A. at 1.75% per annum for Term SOFR loans, EURIBO rate loans or RFR loans and 0.75% pe maturing November 15, 2027.
“Amendment No. 6 provided for (i) a revolving credit facility in an aggregate principal amount of $375 million (the "New Revolving Credit Facility"), which replaced the $330 million revolving credit facility in effect immediately prior to the Effective Date (the "Initial Revolving Credit Facility"), and (ii) amended interest rates applicable to borrowings under the New Revolving Credit Facility (as described below).”
Material Agreements
Element Solutions Inc amended Cross-currency Swaps with certain banks included in the Credit Agreement syndicate (the Hedge Counterparties) (effective 2022-10-24).
“On October 24, 2022, the Company amended its existing cross-currency swaps (the "Swaps") with certain banks included in the Credit Agreement syndicate (the "Hedge Counterparties") to effectively swap to a fixed rate the one-month Term SOFR interest rate applicable to the Term Loans pursuant to Amendment No. 5.”
Material Agreements
Element Solutions Inc amended Amendment No. 6 to Credit Agreement with Citibank, N.A. and the several lenders party thereto valued at $375 million (effective 2022-11-15).
“Amendment No. 6 provided for (i) a revolving credit facility in an aggregate principal amount of $375 million (the "New Revolving Credit Facility")”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.