Source-grounded facts extracted from STEPAN CO's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
STEPAN CO reported the quarter ended March 31, 2026 results: revenue $ 604,509, net income $ (41,406 ), EPS $ (1.81 ).
“and agile organization to enable balanced growth." Financial Summary Three Months Ended March 31, ($ in thousands, except per share data) 2026 2025 % Change Net Sales $ 604,509 $ 593,255 2 % Operating Income (Loss) $ (49,622 ) $ 28,288 NM Net Income (Loss) $ (41,406 ) $ 19,711 NM Earnings per Diluted Share $ (1.81 ) $ 0.86 NM Adjusted Net Income * $”
STEPAN CO announced a restructuring with charges of in the range of $70 to $80 million affecting Fieldsboro, New Jersey site; Elwood (Millsdale), Illinois and Stalybridge, United Kingdom facilities.
“On February 20, 2026, the Board of Directors of Stepan Company (“Stepan” or the “Company”) approved a comprehensive operational and efficiency plan with the objective to deliver approximately $100 million in pre-tax savings over the next two years (“Project Catalyst”). As part of Project Catalyst, the Company will close its Fieldsboro, New Jersey site and decommission select assets at its Elwood (Millsdale), Illinois and Stalybridge, United Kingdom facilities, by mid-2026. The Company anticipates recognizing restructuring charges in the range of $70 to $80 million in 2026, of which approximately $52 to $62 million is expected to be recognized in the three months ending March 31, 2026.”
Corning Painter was appointed as Director at STEPAN CO.
“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.”
STEPAN CO incurred senior notes of $37.5 million with PGIM, Inc. at 6.17% maturing May 21, 2033.
“On May 21, 2025, pursuant to the Prudential Note Purchase Agreement, the related Request for Purchase, dated as of May 14, 2025, made by Stepan to PGIM, Inc., and the related Confirmation of Acceptance, dated as of May 14, 2025, by and among Stepan and the purchasers named therein (the "Series 2025-A Purchasers"), Stepan issued and sold to the Series 2025-A Purchasers $37.5 million in aggregate principal amount of its 6.17% Senior Notes, Series 2025-A, due May 21, 2033 (together with the Series 2025-B Notes, the "Notes").”
STEPAN CO incurred senior notes of $37.5 million with NYL Investors LLC at 6.17% maturing May 21, 2033.
“On May 21, 2025, pursuant to the New York Life Note Purchase Agreement, the related Request for Purchase, dated as of May 14, 2025, made by Stepan to NYL Investors LLC, and the related Confirmation of Acceptance, dated as of May 14, 2025, by and among Stepan and the purchasers named therein (the "Series 2025-B Purchasers"), Stepan issued and sold to the Series 2025-B Purchasers $37.5 million in aggregate principal amount of its 6.17% Senior Notes, Series 2025-B, due May 21, 2033 (the "Series 2025-B Notes").”
David G. Kabbes retired as General Counsel at STEPAN CO.
“In connection with Mr. Kabbes’ retirement, the Company and Mr. Kabbes entered into a professional services and consulting agreement, effective as of March 14, 2025”
Randall S. Dearth changed role as Lead Independent Director at STEPAN CO.
“Effective upon Mr. Wehmer’s retirement from the Board, the size of the Company’s Board will be reduced from eight to seven directors and Randall S. Dearth will succeed Mr. Wehmer as Lead Independent Director.”
Edward J. Wehmer departed as Lead Independent Director at STEPAN CO.
“On February 18, 2025, Edward J. Wehmer, a member of Board of Directors (the “Board”) of Stepan Company (the “Company”), notified the Board of his decision to retire from the Board, effective as of the 2025 Annual Meeting of Stockholders (the “2025 Annual Meeting”), which is scheduled for April 29, 2025.”
David G. Kabbes departed as Vice President, General Counsel and Secretary at STEPAN CO.
“On January 29, 2025, Stepan Company (the "Company") announced that David G. Kabbes, Vice President, General Counsel and Secretary, will retire from the Company effective March 14, 2025.”
Samuel S. Hinrichsen was appointed as Vice President and Interim Chief Financial Officer at STEPAN CO.
“the Board appointed Samuel S. Hinrichsen to serve as Vice President and Interim Chief Financial Officer of the Company, in addition to continuing his current role as the Company’s Global Director of Finance, until such time as a permanent replacement is named.”
Scott R. Behrens departed as President and Chief Executive Officer at STEPAN CO.
“On October 30, 2024, Stepan Company (the “Company”) announced that the Board of Directors (the “Board”) of the Company appointed Luis E. Rojo as President and Chief Executive Officer and as a member of the Board with a term expiring at the annual meeting to be held in 2025, effective immediately, succeeding Scott R. Behrens, who is departing the Company to pursue other opportunities.”
Luis E. Rojo was appointed as President and Chief Executive Officer at STEPAN CO.
“On October 30, 2024, Stepan Company (the “Company”) announced that the Board of Directors (the “Board”) of the Company appointed Luis E. Rojo as President and Chief Executive Officer and as a member of the Board with a term expiring at the annual meeting to be held in 2025, effective immediately, succeeding Scott R. Behrens, who is departing the Company to pursue other opportunities.”
STEPAN CO reported Three Months Ended March 31, 2024 results: revenue $551,418, net income $13.9 million, EPS $0.61 per diluted share.
“Financial Summary Three Months Ended March 31, ($ in thousands, except per share data) 2024 2023 % Change Net Sales $ 551,418 $ 651,436 (15)% Operating Income $ 20,169 $ 21,057 (4)% Net Income $ 13,893 $ 16,142 (14)% Earnings per Diluted Share $ 0.61 $ 0.70 (13)%”
STEPAN CO reported financial results for the quarter and the year ended February 20, 2024.
“On February 20, 2024, Stepan Company (“Stepan”) issued a press release providing its financial results for the quarter and the year ended February 20, 2024.”
Susan M. Lewis was elected as Director at STEPAN CO.
“On February 15, 2024, the Board of Directors (the “Board”) of Stepan Company (the “Company”) increased the size of the Board by one to a total of eight Directors and elected Susan M. Lewis as a Director.”
STEPAN CO reported financial results for the quarter ended September 30, 2023.
“On October 18, 2023, Stepan Company (“Stepan”) issued a press release providing its financial results for the quarter ended September 30, 2023.”
STEPAN CO amended Credit Agreement Amendment No. 1 with JPMorgan Chase Bank, N.A. valued at Amendment to Credit Agreement dated June 24, 2022; amends maximum net leverage ratio and expands qua (effective 2023-09-29).
“On September 29, 2023, Stepan entered into Amendment No. 1 (the "Amendment") to the Credit Agreement, dated as of June 24, 2022, among Stepan, the foreign subsidiary borrowers from time to time party thereto, the lenders from time to time party thereto, JPMorgan Chase Bank, N.A., as administrative agent, Bank of America, N.A., as syndication agent, and JPMorgan Chase Bank, N.A. and BofA Securities, Inc., as joint lead arrangers and joint bookrunners (the "Credit Agreement").”
STEPAN CO amended Prudential NPA Amendment with Stepan Company valued at Amendment to Prudential NPA providing covenant flexibility; $50,000,000 2.30% Series 2021-A due 2028 (effective 2023-09-29).
“On September 29, 2023, Stepan entered into amendments to the 2005 NPA, 2013 NPA 2015 NPA, NYL NPA and Prudential NPA (collectively, the "2023 NPA Amendments") to primarily provide additional covenant flexibility.”
STEPAN CO amended NYL NPA Amendment with Stepan Company valued at Amendment to NYL NPA providing covenant flexibility; $50,000,000 2.37% Series 2021-B due 2028, $50,0 (effective 2023-09-29).
“On September 29, 2023, Stepan entered into amendments to the 2005 NPA, 2013 NPA 2015 NPA, NYL NPA and Prudential NPA (collectively, the "2023 NPA Amendments") to primarily provide additional covenant flexibility.”
STEPAN CO amended 2015 NPA Amendment with Stepan Company valued at Amendment to 2015 NPA providing covenant flexibility; $57,142,857 3.95% Senior Notes due July 10, 20 (effective 2023-09-29).
“On September 29, 2023, Stepan entered into amendments to the 2005 NPA, 2013 NPA 2015 NPA, NYL NPA and Prudential NPA (collectively, the "2023 NPA Amendments") to primarily provide additional covenant flexibility.”
STEPAN CO amended 2013 NPA Amendment with Stepan Company valued at Amendment to 2013 NPA providing covenant flexibility; $28,571,425 3.86% Senior Notes due June 27, 20 (effective 2023-09-29).
“On September 29, 2023, Stepan entered into amendments to the 2005 NPA, 2013 NPA 2015 NPA, NYL NPA and Prudential NPA (collectively, the "2023 NPA Amendments") to primarily provide additional covenant flexibility.”
STEPAN CO amended 2005 NPA Amendment with Stepan Company valued at Amendment to 2005 NPA providing covenant flexibility; $9,285,715 4.86% Series 2011-A Senior Notes du (effective 2023-09-29).
“On September 29, 2023, Stepan entered into amendments to the 2005 NPA, 2013 NPA 2015 NPA, NYL NPA and Prudential NPA (collectively, the "2023 NPA Amendments") to primarily provide additional covenant flexibility.”
STEPAN CO reported the quarter ended June 30, 2023 results: net income $12.7 million, or $0.55 per diluted share.
“Stepan Reports Second Quarter Results Northbrook, Illinois, July 26, 2023 -- Stepan Company (NYSE: SCL) today reported: Second Quarter Highlights • Reported net income was $12.7 million, or $0.55 per diluted share, versus a record $52.1 million, or $2.26 per diluted share, in the prior year.”
Arthur W. Mergner departed as Executive Vice President at STEPAN CO.
“The Company is filing this amendment to the Original Form 8-K to disclose that the effective date of Mr. Mergner's retirement has changed to July 3, 2023.”
STEPAN CO shareholders approved Ratification of the Appointment of Deloitte & Touche LLP as Stepan's Independent Registered Public Accounting Firm for 2023 at the 2023-04-25 meeting.
“Proposal 4: Ratification of the Appointment of Deloitte & Touche LLP as Stepan’s Independent Registered Public Accounting Firm for 2023 FOR AGAINST ABSTAIN 20,091,930 364,502 23,040”
STEPAN CO shareholders approved Advisory Vote on the Frequency of Voting on the Compensation of Stepan's Named Executive Officers at the 2023-04-25 meeting.
“Proposal 3: Advisory Vote on the Frequency of Voting on the Compensation of Stepan’s Named Executive Officers 1 YEAR 2 YEARS 3 YEARS ABSTAIN BROKER NON-VOTES 17,360,600 125,071 1,186,872 96,158 1,710,771”
STEPAN CO shareholders approved Advisory Vote to Approve the Compensation of Stepan's Named Executive Officers at the 2023-04-25 meeting.
“Proposal 2: Advisory Vote to Approve the Compensation of Stepan’s Named Executive Officers FOR AGAINST ABSTAIN BROKER NON-VOTES 18,382,427 354,211 32,063 1,710,771”
STEPAN CO shareholders approved Election of Directors at the 2023-04-25 meeting.
“Proposal 1: Election of Directors NAME FOR AGAINST ABSTAIN BROKER NON-VOTES Joaquin Delgado 17,385,957 1,374,259 8,485 1,710,771 F. Quinn Stepan, Jr. 16,654,489 2,106,200 8,013 1,710,771”
STEPAN CO reported the first quarter ended March 31, 2023 results: revenue $ 651,436, net income $ 16,142, EPS $ 0.70.
“Financial Summary Three Months Ended March 31 ($ in thousands, except per share data) 2023 2022 % Change Net Sales $ 651,436 $ 675,276 (4 )% Operating Income $ 21,057 $ 63,346 (67 )% Net Income $ 16,142 $ 44,809 (64 )% Earnings per Diluted Share $ 0.70 $ 1.93 (64 )%”
Robert Haire was appointed as Executive Vice President, Supply Chain at STEPAN CO.
“Effective as of May 1, 2023, Robert Haire will succeed Mr. Mergner in the position of Executive Vice President, Supply Chain of the Company.”
Arthur W. Mergner departed as Executive Vice President, Supply Chain at STEPAN CO.
“Effective as of June 30, 2023, Arthur W. Mergner, Executive Vice President, Supply Chain, will retire from Stepan Company (the “Company”) after more than 34 years of service to the Company.”
STEPAN CO reported financial results for the quarter ended December 31, 2023.
“On February 16, 2023, Stepan Company (“Stepan”) issued a press release providing its financial results for the quarter ended December 31, 2023.”
Scott R. Behrens changed role as President and Chief Executive Officer at STEPAN CO.
“Scott R. Behrens, currently the President and Chief Operating Officer of the Company, will assume the role of President and Chief Executive Officer of the Company on April 25, 2022”
F. Quinn Stepan, Jr. retired as Chief Executive Officer at STEPAN CO.
“F. Quinn Stepan, Jr. had notified the Company that he will retire as Chief Executive Officer of the Company on April 25, 2022”
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.