Corning Painter
the Board increased the size of the Board by one to a total of eight Directors and appointed Corning Painter as a Director, effective immediately.
Highest-materiality recent filing
Stepan stockholders elect all three director nominees; approve say-on-pay and auditor ratification
Directors Delgado, Painter, and Stepan each elected with over 17.7M votes for.
Stepan Q1 net loss $41.4M on $65.4M restructuring charge; adj. EBITDA down 14%
Net loss of $1.81/diluted share vs $0.86 income in prior year; adj. EPS $0.45 down 46%.
Stepan Q4 adj. net loss; launches Project Catalyst for $100M savings
Q4 2025 adj. net loss $0.5M vs prior year adj. income $2.8M; adj. EPS ($0.02).
Stepan announces Project Catalyst restructuring targeting $100M pre-tax savings
Project Catalyst targets approximately $100M in pre-tax savings over two years.
Stepan adopts Key Executive Severance Benefit Plan for CEO and NEOs
Plan effective Nov 26, 2025; covers named executive officers with automatic participation.
Stepan Q3 net income falls 54% to $10.8M; adjusted EBITDA up 6%, dividend raised
Q3 net income $10.8M (-54% YoY); adjusted EPS $0.48 vs $1.03; revenue $590.3M (+8% on higher prices/mix).
Stepan VP and Interim CFO Samuel Hinrichsen resigns effective Oct 31, 2025
Samuel S. Hinrichsen notified Stepan on Oct 10, 2025 of resignation effective Oct 31, 2025.
Stepan Q2 2025 net income $11.3M (+19%), adj EPS $0.52, revenue +7%
Net income $11.3M ($0.50 diluted EPS); adjusted net income $12.0M ($0.52 adj EPS), up 27% YoY.
Stepan appoints Ruben Velasquez as CFO effective July 15, 2025
Ruben Velasquez appointed VP and CFO, effective July 15, 2025, succeeding interim CFO Samuel Hinrichsen.
Stepan Company appoints Corning Painter (CEO of Orion S.A.) to Board of Directors
Board expanded to 8 directors; Corning Painter appointed effective June 9, 2025.
Stepan issues $75M in senior notes at 6.17% due 2033
Issued $37.5M Series 2025-A and $37.5M Series 2025-B senior notes, each at 6.17% fixed rate.
the Board increased the size of the Board by one to a total of eight Directors and appointed Corning Painter as a Director, effective immediately.
Max materiality 0.75 · Median 0.55 · Most common event earnings