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WESTLAKE CORP — fact timeline

Source-grounded facts extracted from WESTLAKE CORP's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

WLK WESTLAKE CORP JSON
Shareholder Votes

WESTLAKE CORP shareholders approved Ratification of the appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm at the 2026-05-14 meeting.

“Ratification of the appointment of PricewaterhouseCoopers LLP 124,742,536 643,992 11,324”
Shareholder Votes

WESTLAKE CORP shareholders approved Advisory vote to approve named executive officer compensation at the 2026-05-14 meeting.

“Advisory vote to approve named executive officer compensation 121,890,636 1,497,095 88,139 1,921,982”
Shareholder Votes

WESTLAKE CORP shareholders approved Election of five directors at the 2026-05-14 meeting.

“Three matters were voted upon by the stockholders of Westlake Corporation (the “Company”) at its annual meeting of stockholders held on May 14, 2026 (the “2026 Annual Meeting”): (1) five members of the Board of Directors of the Company were elected; (2) the advisory vote to approve named executive officer compensation was approved; and (3) the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026 was ratified.”
Earnings Releases

WESTLAKE CORP reported first quarter 2026 results: revenue $2,652, net income Net loss attributable to Westlake Corporation $ (169), EPS Diluted loss per common share $ (1.31).

“except per share data and percentages) Three Months Ended March 31, 2026 Three Months Ended December 31, 2025 Three Months Ended March 31, 2025 Westlake Corporation Net sales $ 2,652 $ 2,533 $ 2,846 Loss from operations $ (172) $ (671) $ (32) Net loss attributable to Westlake Corporation $ (169) $ (544) $ (40) Diluted loss per common share $ (1.31) $ (4.22) $”
Debt Financings

WESTLAKE CORP incurred revolving credit of $1.5 billion with JPMorgan Chase Bank, National Association, as administrative agent, and the lenders from time to time party thereto at Term SOFR rate plus a spread ranging from 1.000% to 1.625% or ABR plus a spread maturing April 2, 2031.

“On April 2, 2026, Westlake Corporation (“ Westlake ”) entered into a credit agreement (the “ Credit Agreement ”), by and among Westlake, the lenders from time to time party thereto (collectively, the “ Lenders ”), the issuing banks party thereto and JPMorgan Chase Bank, National Association, as administrative agent. Under the Credit Agreement, the Lenders have committed to provide an unsecured revolving credit facility in an aggregate principal amount of up to $1.5 billion.”
Material Agreements

WESTLAKE CORP terminated Previous Credit Agreement with JPMorgan Chase Bank, National Association, as administrative agent (effective 2026-04-02).

“On April 2, 2026, Westlake Corporation (“ Westlake ”) entered into a credit agreement (the “ Credit Agreement ”), by and among Westlake, the lenders from time to time party thereto (collectively, the “ Lenders ”), the issuing banks party thereto and JPMorgan Chase Bank, National Association, as administrative agent. Under the Credit Agreement, the Lenders have committed to provide an unsecured revolving credit facility in an aggregate principal amount of up to $1.5 billion.”
Material Agreements

WESTLAKE CORP entered into Credit Agreement with JPMorgan Chase Bank, National Association, as administrative agent valued at up to $1.5 billion (effective 2026-04-02).

“On April 2, 2026, Westlake Corporation (“ Westlake ”) entered into a credit agreement (the “ Credit Agreement ”), by and among Westlake, the lenders from time to time party thereto (collectively, the “ Lenders ”), the issuing banks party thereto and JPMorgan Chase Bank, National Association, as administrative agent.”
Restructurings & Charges

WESTLAKE CORP announced a restructuring with charges of approximately $415 million affecting North American chlorovinyl production facilities and styrene production plant (approximately 295 employees).

“The closures of the facilities are expected to result in a workforce reduction of approximately 295 employees. The Company expects it will incur total pre-tax costs of approximately $415 million related to the closures of the facilities consisting of noncash accelerated depreciation, amortization, and asset write-off charges of approximately $357 million, employee severance and separation costs of approximately $25 million, and other plant shut down costs of approximately $33 million.”
Restructurings & Charges

WESTLAKE CORP announced a restructuring with charges of approximately EUR 190 million affecting Pernis facility (approximately 230 employees).

“On June 17, 2025, the Company notified the affected employees at the Pernis facility of the Company's plan. The anticipated closure of the entire Pernis facility would take place after the conclusion of the consultations with local works councils and unions. In addition to the previous charges related to the July 2024 mothballing, the Company expects it would incur total pre-tax costs of approximately EUR 190 million related to the closure of the Pernis facility.”

Albert Chao changed role as Executive Chairman at WESTLAKE CORP.

“On August 8, 2024, the Compensation Committee of the Board of Directors (the “Board”) of Westlake Corporation (the “Company”) approved the following changes to the compensation of Albert Chao in connection with Mr. Chao’s transition from President and Chief Executive Officer of the Company to Executive Chairman of the Board.”
Restructurings & Charges

WESTLAKE CORP announced a restructuring with charges of approximately EUR 80 million affecting allyl chloride (AC) and epichlorohydrin (ECH) units at the Company’s site in Pernis, the Netherlands (approximately 30 employees).

“approved the plan to mothball the Units. The Units are expected to temporarily cease operations in 2025. The Company expects to incur total pre-tax costs of approximately EUR 80 million related to the mothballing of the Units. The mothballing of the Units is expected to result in a workforce reduction of approximately 30 employees. The expected costs related to”

Albert Chao changed role as Executive Chairman of the Board at WESTLAKE CORP.

“Albert Chao, formerly the President, Chief Executive Officer and Director of the Company, transitioned to the position of Executive Chairman of the Board.”

Jean-Marc Gilson was appointed as President and Chief Executive Officer at WESTLAKE CORP.

“Jean-Marc Gilson was appointed as the President and Chief Executive Officer of the Company.”

Marius A. Haas resigned as Director at WESTLAKE CORP.

“On May 22, 2024, Marius A. Haas informed Westlake Corporation (the “Company”) of his decision to resign from the Board of Directors of the Company in order to focus on BayPine Capital, a private equity investment company of which he is a founding partner.”
Shareholder Votes

WESTLAKE CORP shareholders rejected Stockholder proposal regarding the preparation of a report on reducing plastic pollution of the oceans at the 2024-05-09 meeting.

“Stockholder proposal regarding the preparation of a report on reducing plastic pollution of the oceans 8,342,046 117,336,415 108,360 1,137,576”
Earnings Releases

WESTLAKE CORP reported first quarter 2024 results: revenue $2,975, net income $174, EPS $1.34.

“except per share data and percentages) Three Months Ended March 31, 2024 Three Months Ended December 31, 2023 Three Months Ended March 31, 2023 Westlake Corporation Net sales $ 2,975 $ 2,826 $ 3,356 Income (loss) from operations $ 223 $ (552) $ 536 Net income (loss) attributable to Westlake Corporation $ 174 $ (497) $ 394 Diluted earnings (loss) per common”

Johnathan Zoeller changed role as Vice President and Treasurer at WESTLAKE CORP.

“Mr. Holy transitioned to the position of Vice President, Chief Accounting Officer from his prior role as Vice President and Treasurer. Mr. Zoeller transitioned to the position of Vice President and Treasurer from his prior role as Vice President, Chief Accounting Officer.”

Jeff Holy changed role as Vice President, Chief Accounting Officer at WESTLAKE CORP.

“Mr. Holy transitioned to the position of Vice President, Chief Accounting Officer from his prior role as Vice President and Treasurer. Mr. Zoeller transitioned to the position of Vice President and Treasurer from his prior role as Vice President, Chief Accounting Officer.”
Earnings Releases

WESTLAKE CORP reported fourth quarter and full year 2023 results: revenue $2,826 million, net income a net loss of $497 million, EPS $3.86 per share.

“Items) For the three months ended December 31, 2023, the Company reported quarterly net income attributable to Westlake of $93 million, or $0.72 per share, on net sales of $2,826 million. The year-ove”
Earnings Releases

WESTLAKE CORP reported the three months ended September 30, 2023 results: revenue $3,115 million, net income $285 million, EPS $2.20 per share.

“For the three months ended September 30, 2023, the Company reported quarterly net income of $285 million, or $2.20 per share, on net sales of $3,115 million.”
Earnings Releases

WESTLAKE CORP reported second quarter 2023 results: revenue $3,251 million, net income $297 million, EPS $2.31 per share.

“value." RESULTS Consolidated Results For the three months ended June 30, 2023, the Company reported quarterly net income of $297 million, or $2.31 per share, on net sales of $3,251 million. The year-over-year decrease in net income of $561 million from the second quarter of 2022 was primarily due to lower average sales prices and integrated margins in Performance”
Governance Changes

WESTLAKE CORP: Amendment to the Amended and Restated Certificate of Incorporation to provide for exculpation of certain officers from personal liability under certain circumstances as allowed by Delaware law (effective 2023-05-11).

“At the 2023 Annual Meeting, the Company’s stockholders approved an amendment to the Company’s Amended and Restated Certificate of Incorporation (the “Certificate of Amendment”) to provide for exculpation of certain officers of the Company from personal liability under certain circumstances as allowed by Delaware law. The Certificate of Amendment was filed with the Secretary of State of the State of Delaware on May 11, 2023 and became effective upon filing.”
Shareholder Votes

WESTLAKE CORP shareholders rejected Stockholder proposal regarding the preparation of a report on reducing plastic pollution of the oceans at the 2023-05-11 meeting.

“Eight matters were voted upon by the Company’s stockholders at the 2023 Annual Meeting: (1) five members of the Board were elected; (2) the advisory vote to approve named executive officer compensation was approved; (3) the advisory vote regarding the frequency of the advisory vote on named executive officer compensation was approved for every three years; (4) the proposed amendment to the Company’s Amended and Restated Certificate of Incorporation was approved; (5) the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 was ratified; (6) the proposed amendment and restatement of the Company’s 2013 Omnibus Incentive Plan was approved; (7) the Stockholder proposal regarding the Company’s greenhouse gas emission reduction targets was not approved; and (8) the Stockholder proposal regarding the preparation of a report on reducing plastic pollution of the oceans was not approved. The following”
Shareholder Votes

WESTLAKE CORP shareholders rejected Stockholder proposal regarding the Company’s greenhouse gas emission reduction targets at the 2023-05-11 meeting.

“Eight matters were voted upon by the Company’s stockholders at the 2023 Annual Meeting: (1) five members of the Board were elected; (2) the advisory vote to approve named executive officer compensation was approved; (3) the advisory vote regarding the frequency of the advisory vote on named executive officer compensation was approved for every three years; (4) the proposed amendment to the Company’s Amended and Restated Certificate of Incorporation was approved; (5) the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 was ratified; (6) the proposed amendment and restatement of the Company’s 2013 Omnibus Incentive Plan was approved; (7) the Stockholder proposal regarding the Company’s greenhouse gas emission reduction targets was not approved; and (8) the Stockholder proposal regarding the preparation of a report on reducing plastic pollution of the oceans was not approved. The following”
Shareholder Votes

WESTLAKE CORP shareholders approved Amendment and restatement of the Company’s 2013 Omnibus Incentive Plan at the 2023-05-11 meeting.

“Eight matters were voted upon by the Company’s stockholders at the 2023 Annual Meeting: (1) five members of the Board were elected; (2) the advisory vote to approve named executive officer compensation was approved; (3) the advisory vote regarding the frequency of the advisory vote on named executive officer compensation was approved for every three years; (4) the proposed amendment to the Company’s Amended and Restated Certificate of Incorporation was approved; (5) the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 was ratified; (6) the proposed amendment and restatement of the Company’s 2013 Omnibus Incentive Plan was approved; (7) the Stockholder proposal regarding the Company’s greenhouse gas emission reduction targets was not approved; and (8) the Stockholder proposal regarding the preparation of a report on reducing plastic pollution of the oceans was not approved. The following”
Shareholder Votes

WESTLAKE CORP shareholders approved Ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 at the 2023-05-11 meeting.

“Eight matters were voted upon by the Company’s stockholders at the 2023 Annual Meeting: (1) five members of the Board were elected; (2) the advisory vote to approve named executive officer compensation was approved; (3) the advisory vote regarding the frequency of the advisory vote on named executive officer compensation was approved for every three years; (4) the proposed amendment to the Company’s Amended and Restated Certificate of Incorporation was approved; (5) the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 was ratified; (6) the proposed amendment and restatement of the Company’s 2013 Omnibus Incentive Plan was approved; (7) the Stockholder proposal regarding the Company’s greenhouse gas emission reduction targets was not approved; and (8) the Stockholder proposal regarding the preparation of a report on reducing plastic pollution of the oceans was not approved. The following”
Shareholder Votes

WESTLAKE CORP shareholders approved Amendment to the Company’s Amended and Restated Certificate of Incorporation to provide for exculpation of certain officers of the Company from personal liability under certain circumstances as allowed by Delaware law at the 2023-05-11 meeting.

“Eight matters were voted upon by the Company’s stockholders at the 2023 Annual Meeting: (1) five members of the Board were elected; (2) the advisory vote to approve named executive officer compensation was approved; (3) the advisory vote regarding the frequency of the advisory vote on named executive officer compensation was approved for every three years; (4) the proposed amendment to the Company’s Amended and Restated Certificate of Incorporation was approved; (5) the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 was ratified; (6) the proposed amendment and restatement of the Company’s 2013 Omnibus Incentive Plan was approved; (7) the Stockholder proposal regarding the Company’s greenhouse gas emission reduction targets was not approved; and (8) the Stockholder proposal regarding the preparation of a report on reducing plastic pollution of the oceans was not approved. The following”
Shareholder Votes

WESTLAKE CORP shareholders approved Advisory vote regarding the frequency of the advisory vote on named executive officer compensation at the 2023-05-11 meeting.

“Eight matters were voted upon by the Company’s stockholders at the 2023 Annual Meeting: (1) five members of the Board were elected; (2) the advisory vote to approve named executive officer compensation was approved; (3) the advisory vote regarding the frequency of the advisory vote on named executive officer compensation was approved for every three years; (4) the proposed amendment to the Company’s Amended and Restated Certificate of Incorporation was approved; (5) the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 was ratified; (6) the proposed amendment and restatement of the Company’s 2013 Omnibus Incentive Plan was approved; (7) the Stockholder proposal regarding the Company’s greenhouse gas emission reduction targets was not approved; and (8) the Stockholder proposal regarding the preparation of a report on reducing plastic pollution of the oceans was not approved. The following”
Shareholder Votes

WESTLAKE CORP shareholders approved Advisory vote to approve named executive officer compensation at the 2023-05-11 meeting.

“Eight matters were voted upon by the Company’s stockholders at the 2023 Annual Meeting: (1) five members of the Board were elected; (2) the advisory vote to approve named executive officer compensation was approved; (3) the advisory vote regarding the frequency of the advisory vote on named executive officer compensation was approved for every three years; (4) the proposed amendment to the Company’s Amended and Restated Certificate of Incorporation was approved; (5) the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 was ratified; (6) the proposed amendment and restatement of the Company’s 2013 Omnibus Incentive Plan was approved; (7) the Stockholder proposal regarding the Company’s greenhouse gas emission reduction targets was not approved; and (8) the Stockholder proposal regarding the preparation of a report on reducing plastic pollution of the oceans was not approved. The following”
Shareholder Votes

WESTLAKE CORP shareholders approved Election of five directors at the 2023-05-11 meeting.

“Eight matters were voted upon by the Company’s stockholders at the 2023 Annual Meeting: (1) five members of the Board were elected; (2) the advisory vote to approve named executive officer compensation was approved; (3) the advisory vote regarding the frequency of the advisory vote on named executive officer compensation was approved for every three years; (4) the proposed amendment to the Company’s Amended and Restated Certificate of Incorporation was approved; (5) the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 was ratified; (6) the proposed amendment and restatement of the Company’s 2013 Omnibus Incentive Plan was approved; (7) the Stockholder proposal regarding the Company’s greenhouse gas emission reduction targets was not approved; and (8) the Stockholder proposal regarding the preparation of a report on reducing plastic pollution of the oceans was not approved. The following”

L. Benjamin Ederington was appointed as Executive Vice President, Performance and Essential Materials, General Counsel and Chief Administrative Officer at WESTLAKE CORP.

“the Board of Directors (the “Board”) of the Company approved the appointment of L. Benjamin Ederington as Executive Vice President, Performance and Essential Materials, General Counsel and Chief Administrative Officer, effective April 5, 2023.”
Earnings Releases

WESTLAKE CORP reported first quarter 2023 results: revenue $3,356 million, net income $394 million, EPS $3.05.

“For the three months ended March 31, 2023, the Company reported quarterly net income of $394 million, or $3.05 per share, on net sales of $3,356 million.”

L. Benjamin Ederington was appointed as Executive Vice President, Performance and Essential Materials, General Counsel and Chief Administrative Officer at WESTLAKE CORP.

“On April 3, 2023, the Board of Directors of the Company appointed L. Benjamin Ederington as Executive Vice President, Performance and Essential Materials, General Counsel and Chief Administrative Officer, effective April 5, 2023.”

Roger L. Kearns departed as Chief Operating Officer and Executive Vice President, Performance and Essential Materials at WESTLAKE CORP.

“On April 3, 2023, Roger L. Kearns, Chief Operating Officer and Executive Vice President, Performance and Essential Materials of Westlake Corporation (the “Company”), provided the Company with notice of his intent to leave the Company to pursue other opportunities.”
Earnings Releases

WESTLAKE CORP reported the twelve months ended December 31, 2022 results: revenue $ 15,794, net income $ 2,247, EPS $ 17.34.

“Net sales $ 3,299 $ 3,507 $ 15,794 $ 11,778 Income from operations $ 327 $ 873 $ 3,050 $ 2,800 Net income attributable to Westlake Corporation $ 232 $ 644 $ 2,247 $ 2,015 Diluted earnings per common share $ 1.79 $ 4.98 $ 17.34 $ 15.58”
Earnings Releases

WESTLAKE CORP reported the three months ended December 31, 2022 results: revenue $3,299 million, net income $232 million, EPS $1.79.

“For the three months ended December 31, 2022, the Company reported quarterly net income of $232 million, or $1.79 per share, on net sales of $3,299 million.”

Dorothy C. Jenkins departed as Director at WESTLAKE CORP.

“On February 16, 2023, Dorothy C. Jenkins informed the Board of Directors (the “Board”) of Westlake Corporation (the “Company”) of her intention not to stand for reelection at the Company’s 2023 Annual Meeting of Stockholders (the “2023 Annual Meeting”).”
Earnings Releases

WESTLAKE CORP reported third quarter 2022 results: revenue $3,956 million, net income $401 million, EPS $3.10.

“Chao. RESULTS Consolidated Results For the three months ended September 30, 2022, the Company reported quarterly net income of $401 million, or $3.10 per share, on net sales of $3,956 million. The year-over-year decrease in net income of $206 million from the third quarter of 2021 was primarily due to lower global sales prices and integrated margins for our”

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.