OLIN Corp entered into Agreement and Plan of Merger with Huntsman Corporation (effective 2026-06-15).
“On June 15, 2026, Olin Corporation, a Virginia corporation (“ Olin ” or, with reference to the post-closing period, the “ Combined Company ”), entered into an Agreement and Plan of Merger (the “ Merger Agreement ”) with Huntsman Corporation, a Delaware corporation (“ Huntsman ”), Olympus Merger Sub, Inc., a Delaware corporation and a direct wholly owned subsidiary of Olin (“ First Merger Sub ”), and Hook Merger Sub LLC, a Delaware limited liability company and a direct wholly owned subsidiary of Olin (“ Second Merger Sub ”).”
Shareholder Votes
OLIN Corp shareholders approved Ratification of appointment of KPMG LLP as independent registered public accounting firm for 2026 at the 2026-04-30 meeting.
“Votes For Votes Against Abstentions Broker Non-Votes Proposal 4 96,697,914 1,974,822 151,501 0”
Earnings Releases
OLIN Corp updated its second quarter 2026 guidance (reaffirmed).
“Overall, second quarter 2026 adjusted EBITDA is forecast to be in the range of $160 million to $200 million,” Lane concluded.”
Earnings Releases
OLIN Corp reported first quarter ended March 31, 2026 results: revenue $1,583.0 million, net income ($83.0) million, EPS ($0.73) per diluted share.
“restructuring charges of $9.1 million and legacy litigation charges of $36.1 million. First quarter 2025 adjusted EBITDA was $185.6 million. Sales in the first quarter 2026 were $1,583.0 million, compared to $1,644.2 million in the first quarter 2025. Ken Lane, President and Chief Executive Officer, said, “During the first quarter, the Olin team delivered sequential”
Shareholder Votes
OLIN Corp shareholders approved Ratification of appointment of KPMG LLP as independent registered public accounting firm for 2026 at the 2026-04-30 meeting.
“Proposal 4 – Ratification of appointment of KPMG LLP as independent registered public accounting firm for 2026 The shareholders ratified the appointment of KPMG LLP as Olin’s independent registered public accounting firm for 2026. Votes For Votes Against Abstentions Broker Non-Votes Proposal 4 80,996,582 3,764,087 316,029 13,747,538”
Shareholder Votes
OLIN Corp shareholders approved Conduct an advisory vote to approve the compensation for named executive officers at the 2026-04-30 meeting.
“Proposal 3 – Conduct an advisory vote to approve the compensation for named executive officers The shareholders gave an advisory approval of the compensation for named executive officers. Votes For Votes Against Abstentions Broker Non-Votes Proposal 3 80,996,582 3,764,087 316,029 13,747,538”
Shareholder Votes
OLIN Corp shareholders approved Approve the Olin Corporation 2026 Long Term Incentive Plan at the 2026-04-30 meeting.
“Proposal 2 – Approve the Olin Corporation 2026 Long Term Incentive Plan The shareholders approved the Olin Corporation 2026 Long Term Incentive Plan. Votes For Votes Against Abstentions Broker Non-Votes Proposal 2 81,035,245 3,812,272 229,181 13,747,538”
Shareholder Votes
OLIN Corp shareholders approved Election of Directors at the 2026-04-30 meeting.
“Proposal 1 – Election of Directors The shareholders elected each of the eight nominees to the Board of Directors for a one-year term by the vote of the majority of votes cast, in accordance with Olin’s Bylaws. Votes For Votes Against Abstentions Broker Non-Votes Beverley A. Babcock 84,216,095 775,366 85,237 13,747,538 Edward M. Daly 84,047,465 930,844 98,389 13,747,538 Matthew S. Darnall 84,362,841 1,617,556 96,301 13,747,538 Kenneth T. Lane 83,960,860 1,002,374 113,464 13,747,538 Julie A. Piggott 83,264,736 1,706,499 105,463 13,747,538 Earl L. Shipp 83,900,690 1,079,128 96,880 13,747,538 William H. Weideman 83,692,281 1,229,771 154,646 13,747,538 Carol A. Williams 81,690,747 3,237,201 148,750 13,747,538”
Governance Changes
OLIN Corp: Revised procedural and disclosure requirements for shareholder director nominations and proposals, and require director candidates to be available for interview by the Board (effective 2025-08-13).
“On August 13, 2025, the board of directors (the “Board”) of Olin Corporation (“Olin”) approved an amendment to Olin’s Bylaws (the “Amended Bylaws”), effective immediately.”
Governance Changes
OLIN Corp: Amended Article II, Section 1 of the Bylaws to decrease the Board size from ten to nine directors following Mr. Bunch's term completion (effective 2025-05-01).
“On May 1, 2025, the Board approved an amendment to Article II, Section 1 of Olin’s Bylaws to decrease the size of the Board from ten to nine directors, following the completion of Mr. C. Robert Bunch’s term on the Board.”
Debt Financings
OLIN Corp incurred revolving credit of aggregate commitments in an amount equal to $1,200,000,000 with Bank of America, N.A., as administrative agent at margin ranging from 1.375% to 1.875% maturing March 14, 2030.
“senior unsecured revolving credit facility with aggregate commitments in an amount equal to $1,200,000,000”
Debt Financings
OLIN Corp incurred credit facility of senior unsecured term loan facility in an aggregate principal amount of $650,000,000 with Bank of America, N.A., as administrative agent at margin ranging from 1.375% to 1.875% maturing March 14, 2030.
“The Replacement Credit Agreement provides the Registrant with a senior unsecured term loan facility in an aggregate principal amount of $650,000,000”
Debt Financings
OLIN Corp incurred senior notes of $600,000,000 aggregate principal amount with U.S. Bank Trust Company, National Association, as trustee at 6.625% maturing April 1, 2033.
“On March 14, 2025, Olin Corporation (the “Registrant”) issued $600,000,000 aggregate principal amount of 6.625% Senior Notes due 2033”
Governance Changes
OLIN Corp: Increased the size of the Board from nine to ten directors (effective 2025-03-05).
“Olin’s Board approved an amendment to Article II, Section 1 of Olin’s Bylaws to increase the size of the Board from nine to ten, effective March 5, 2025.”
Edward Daly was elected as Director at OLIN Corp.
“On March 5, 2025, the Board of Directors (the “Board”) of Olin Corporation (“Olin”) elected General Edward Daly to serve on Olin’s Board.”
Damian Gumpel resigned as Vice President, Corporate Strategy at OLIN Corp.
“On January 15, 2025, Damian Gumpel, Vice President, Corporate Strategy, notified Olin Corporation (“Olin”) of his intention to resign from his position with Olin, effective February 22, 2025 (the “Separation Date”), to pursue other career opportunities.”
Patrick Schumacher departed as Vice President and President, Chlor Alkali Products and Vinyls at OLIN Corp.
“On May 13, 2024, Olin Corporation (“Olin”) and Mr. Patrick Schumacher, Vice President and President, Chlor Alkali Products and Vinyls, mutually agreed that Mr. Schumacher's employment with Olin will cease effective September 1, 2024.”
Earnings Releases
OLIN Corp reported the first quarter ended March 31, 2024 results: revenue $1,635.3 million, net income $48.6 million, EPS $0.40 per diluted share. Guidance reaffirmed.
“and amortization expense of $129.7 million and restructuring charges of $8.3 million. First quarter 2023 adjusted EBITDA was $434.1 million. Sales in the first quarter 2024 were $1,635.3 million, compared to $1,844.3 million in the first quarter 2023. Ken Lane, President and Chief Executive Officer, said, “All first quarter 2024 business segment results improved”
Damian Gumpel changed role as Vice President of Corporate Strategy at OLIN Corp.
“Following the reassignment of the role of President of Epoxy to Dr. Kohl, Mr. Gumpel will continue to serve as Vice President of Corporate Strategy.”
Florian Kohl was appointed as Vice President and President of Epoxy at OLIN Corp.
“On April 25, 2024, the Board of Directors of Olin appointed Dr. Florian Kohl to Vice President and President of Epoxy.”
Scott M. Sutton departed as Director at OLIN Corp.
“Scott M. Sutton, who will be stepping down as President and Chief Executive Officer and Director of Olin on the Effective Date.”
Scott M. Sutton departed as President and Chief Executive Officer at OLIN Corp.
“Scott M. Sutton, who will be stepping down as President and Chief Executive Officer and Director of Olin on the Effective Date.”
Kenneth Lane was elected as Director at OLIN Corp.
“The Board has also elected Mr. Lane to the Board, effective as of the Effective Date, to fill the vacancy created by Mr. Sutton stepping down”
Kenneth Lane was appointed as President and Chief Executive Officer at OLIN Corp.
“that the Board of Directors of Olin (the “Board”) has appointed Kenneth Lane, 55, as President and Chief Executive Officer of Olin, effective as of March 18, 2024”
Earnings Releases
OLIN Corp reported full year 2023 results: net income $460.2 million, EPS $3.57 per diluted share.
“Full year 2023 reported net income was $460.2 million, or $3.57 per diluted share, which compares to full year 2022 reported net income of $1,326.9 million, or $8.94 per diluted share.”
Earnings Releases
OLIN Corp reported the fourth quarter ended December 31, 2023 results: revenue $1,614.6 million, net income $52.9 million, EPS $0.43 per diluted share.
“Olin Corporation (NYSE: OLN) announced financial results for the fourth quarter ended December 31, 2023. Fourth quarter 2023 reported net income was $52.9 million, or $0.43 per diluted share, which compares to fourth quarter 2022 reported net income of $196.6 million, or $1.43 per diluted share. Fourth quarter 2023 adjusted EBITDA of $210.1 million excludes depreciation and amortization expense of $128.5 million, insurance recoveries of $22.0 million, and restructuring income of $2.4 million. Fourth quarter 2022 adjusted EBITDA was $441.8 million. Sales in the fourth quarter 2023 were $1,614.6 million, compared to $1,977.0 million in the fourth quarter 2022.”
Scott Sutton departed as President, Chief Executive Officer and Chairman of the Board at OLIN Corp.
“In connection with the previously announced departure of Mr. Scott Sutton, President, Chief Executive Officer and Chairman of the Board of Olin Corporation (the “Company”), which is expected to occur in the first half of 2024, on October 30, 2023, the Company and Mr. Sutton entered into a transition agreement (the “Transition Agreement”).”
Earnings Releases
OLIN Corp reported third quarter ended September 30, 2023 results: net income $104.1 million, or $0.82 per diluted share.
“3 Document Exhibit 99.1 Investor Contact: Steve Keenan (314) 719-1755 InvestorRelations@Olin.com News Olin Corporation, 190 Carondelet Plaza, Suite 1530, Clayton, MO 63105 Olin Announces Third Quarter 2023 Results Highlights • Third quarter 2023 net income of $104.1 million, or $0.82 per diluted share • Quarterly adjusted EBITDA of $314.8 million • Share repurchases of $202.1 million in third quarter 2023 • Fourth quarter 2023 focus on actions to improve 2024 Clayton, MO, October 26, 2023 – Olin Corporation (NYSE: OLN) announced financial results for the third quarter ended September 30, 2023.”
Scott Sutton departed as President, Chief Executive Officer and Chairman of the Board at OLIN Corp.
“On September 1, 2023, Olin Corporation (the “Company”) announced that, by mutual agreement, Mr. Scott Sutton will step down as the Company’s President, Chief Executive Officer and Chairman of the Board in the first half of 2024.”
Earnings Releases
OLIN Corp reported second quarter ended June 30, 2023 results: revenue $1,702.7 million, net income $146.9 million, EPS $1.13. Guidance initiated.
“fleet and operations of $27.0 million, and restructuring charges of $19.2 million. Second quarter 2022 adjusted EBITDA was $727.3 million. Sales in the second quarter 2023 were $1,702.7 million compared to $2,616.1 million in the second quarter 2022. Scott Sutton, Chairman, President, and Chief Executive Officer, said, “In this challenging demand environment, Olin’s”
Earnings Releases
OLIN Corp updated its second quarter 2023 guidance (lowered).
“Olin Updates Second Quarter 2023 Outlook and Announces Additional Epoxy Restructuring Actions”
Restructurings & Charges
OLIN Corp announced a restructuring with charges of approximately $12 million of restructuring charges affecting epoxy resin business; Gumi, South Korea facility; Freeport, Texas facility; sales and support staffing across Asia (reduce its sales and support staffing across Asia).
“In the second quarter of 2023, Olin expects to incur approximately $12 million of restructuring charges under this action plan, of which approximately $6 million of these restructuring charges represent non-cash asset impairment of equipment and facility.”
Governance Changes
OLIN Corp: Amendment to Article II, Section 1 of Olin's Bylaws to increase the size of the Board from eight to nine directors (effective 2023-06-05).
“Olin’s Board approved an amendment to Article II, Section 1 of Olin’s Bylaws to increase the size of the Board from eight to nine, effective June 5, 2023.”
Julie A. Piggott was elected as Director at OLIN Corp.
“On June 5, 2023, the Board of Directors (the “Board”) of Olin Corporation (“Olin”) elected Julie A. Piggott to serve on Olin’s Board.”
Earnings Releases
OLIN Corp reported the first quarter ended March 31, 2023 results: revenue $1,844.3 million, net income $156.3 million, EPS $1.16 per diluted share.
“Olin Corporation (NYSE: OLN) announced financial results for the first quarter ended March 31, 2023. First quarter 2023 reported net income was $156.3 million, or $1.16 per diluted share, which compares to first quarter 2022 reported net income of $393.0 million, or $2.48 per diluted share. First quarter 2023 adjusted EBITDA of $434.1 million excludes depreciation and amortization expense of $137.1 million and restructuring charges of $60.9 million. First quarter 2022 adjusted EBITDA was $710.9 million. Sales in the first quarter 2023 were $1,844.3 million compared to $2,461.4 million in the first quarter 2022.”
Governance Changes
OLIN Corp: Decreased the size of the Board from nine to eight directors.
“Olin’s Board of Directors approved an amendment to Article II, Section 1 of Olin’s Bylaws to decrease the size of the Board from nine to eight directors, following the completion of Ms. Heidi Alderman’s term on the Board.”
Shareholder Votes
OLIN Corp shareholders approved Ratification of appointment of KPMG LLP as independent registered public accounting firm for 2023 at the 2023-04-27 meeting.
“Proposal 4 - Ratification of appointment of KPMG LLP as independent registered public accounting firm for 2023 118,889,786 2,523,360 272,112”
Shareholder Votes
OLIN Corp shareholders approved Conduct an advisory vote on the frequency of a shareholder vote on executive compensation at the 2023-04-27 meeting.
“Proposal 3 - Conduct an advisory vote on the frequency of a shareholder vote on executive compensation 102,190,775 421,469 4,737,746 294,156 14,041,113”
Shareholder Votes
OLIN Corp shareholders approved Conduct an advisory vote to approve the compensation for named executive officers at the 2023-04-27 meeting.
“Proposal 2 - Conduct an advisory vote to approve the compensation for named executive officers 102,545,243 4,686,978 411,924 14,041,113”
Shareholder Votes
OLIN Corp shareholders approved Election of Directors at the 2023-04-27 meeting.
“Proposal 1 - Election of Directors Beverley A. Babcock 105,538,517 1,884,544 221,084 14,041,113 C. Robert Bunch 103,547,850 3,894,597 201,698 14,041,113 Matthew S. Darnall 104,566,770 2,885,414 191,961 14,041,113 Earl L. Shipp 105,238,415 2,208,067 197,663 14,041,113 Scott M. Sutton 103,850,560 3,558,122 235,463 14,041,113 William H. Weideman 105,839,970 1,571,900 232,275 14,041,113 W. Anthony Will 104,142,130 5,282,647 219,368 14,041,113 Carol A. Williams 102,545,243 4,686,978 411,924 14,041,113”
Restructurings & Charges
OLIN Corp announced a restructuring with charges of approximately $57 million affecting Olin’s Cumene facility in Terneuzen, Netherlands and the solid epoxy resin production at its facilities in Gumi, South Korea and Guaruja, Brazil.
“on March 21, 2023, management of Olin Corporation (“Olin”) approved a plan to cease operations at Olin’s Cumene facility in Terneuzen, Netherlands and the solid epoxy resin production at its facilities in Gumi, South Korea and Guaruja, Brazil. Olin plans to cease operations by March 31, 2023. In the first quarter of 2023, Olin expects to incur approximately $57 million of restructuring charges under this plan, of which approximately $15 million of these restructuring charges represent non-cash asset impairment of equipment and facility.”
Earnings Releases
OLIN Corp updated its full year 2023 guidance (reaffirmed).
“Overall, we expect full year 2023 adjusted EBITDA to be in the $1.5 to $2.0 billion range”
Earnings Releases
OLIN Corp reported full year 2022 results: net income $1,326.9 million, EPS $8.94 per diluted share.
“Full year 2022 reported net income was $1,326.9 million, or $8.94 per diluted share, which compares to full year 2021 reported net income of $1,296.7 million, or $7.96 per diluted share.”
Earnings Releases
OLIN Corp reported the quarter ended December 31, 2022 results: revenue $1,977.0 million, net income $196.6 million, EPS $1.43 per diluted share.
“of $148.5 million and restructuring charges and other items of $10.0 million. Fourth quarter 2021 adjusted EBITDA was $686.7 million. Sales in the fourth quarter 2022 were $1,977.0 million compared to $2,430.4 million in the fourth quarter 2021. Full year 2022 reported net income was $1,326.9 million, or $8.94 per diluted share, which compares to full year 2021”
Governance Changes
OLIN Corp: Board approved amendment to Article II, Section 1 of Olin's Bylaws to decrease Board size from ten to nine directors following resignation of director Scott D. Ferguson (effective 2022-11-09).
“The Board approved an amendment to Article II, Section 1 of Olin’s Bylaws to decrease the size of the Board from ten to nine directors, following the resignation of Mr. Ferguson from the Board, effective November 9, 2022.”
Scott D. Ferguson resigned as Director at OLIN Corp.
“On November 9, 2022, Mr. Scott D. Ferguson, a member of the Board of Directors (“Board”) of Olin Corporation (“Olin”), notified Olin of his decision to resign from the Board and the Compensation Committee of the Board, effective immediately.”
James A. Varilek departed as Executive Vice President & Chief Operating Officer at OLIN Corp.
“On November 2, 2022, Mr. Varilek and the Company agreed to postpone Mr. Varilek’s retirement from his current role to December 31, 2022 so that Mr. Varilek can continue to assist in the transition of his role through the end of 2022.”
James A. Varilek departed as Executive Vice President & Chief Operating Officer at OLIN Corp.
“On July 20, 2022, James A. Varilek, Executive Vice President & Chief Operating Officer, announced his intention to retire from Olin Corporation effective November 21, 2022.”
Pat D. Dawson departed as Executive Vice President and President, Epoxy and International at OLIN Corp.
“On November 15, 2021, Pat D. Dawson, Executive Vice President and President, Epoxy and International, a named executive officer, announced his intention to retire from Olin Corporation (“Olin”) effective April 30, 2022, or an earlier mutually agreeable date.”
W. Anthony Will was elected as Director at OLIN Corp.
“On September 30, 2021, Olin’s Board elected Matthew S. Darnall and W. Anthony Will as Directors, effective immediately.”
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.