What changed in this filing

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Item 3. Legal Proceedings

2022-03-01 compared with 2021-03-01 · 118 added, 182 removed, 39 unchanged (88% of the section changed)

Legal Proceedings.

The Company is a party to proceedings, cases, and requests for

information from, and negotiations with, various claimants and

Federal and state agencies relating to various matters, including

environmental matters.

The Company is a party to proceedings, cases, and requests for information from,

and negotiations with, various claimants and

Federal and state agencies relating to various matters, including environmental

For information concerning pending asbestos-

related litigation against an inactive subsidiary,

certain environmental non-capital remediation costs and other

legal-related matters,

reference is made to Note 26 of Notes to Consolidated

Financial Statements, included in Item 8 of this Report, which

is incorporated

certain environmental non-capital remediation costs and other legal-related

reference is made to Note 26 of Notes to Consolidated Financial Statements, included

in Item 8 of this Report, which is incorporated

herein by this reference.

The Company is a party to other litigation which management currently

believes will not have a material

The Company is a party to other litigation which management currently believes will not have

adverse effect on the Company’s

4 unchanged sentences

Executive Officers.

Set forth below is information regarding the executive

officers of the Company,

each of whom have been employed by the

Company or by Houghton for at least five years, including

the respective positions and offices with the Company

(or Houghton) held

by each over the respective periods indicated.

Each of the executive officers, with the exception

annually to a one-year term.

Hostetter is considered

an executive officer in his capacity as principal accounting

purposes of this Item.

Set forth below is information regarding the executive officers

of the Company,

each of whom (with the exception of Andrew E.

Tometich) have

been employed by the Company or by Houghton for at least five years, including the respective

positions and offices

with the Company (or Houghton) held by each over the respective periods

Each of the executive officers, with the

exception of David A.

is appointed annually to a one year term.

Will is considered

an executive officer in his capacity as

principal accounting officer for purposes of this Item

Name, Age, and Present

2 unchanged sentences

and Period Served as an Officer

Chairman of the Board, Chief Executive

President and Director

who has been employed by the Company since 1998, has served

Chairman of the Board since May 2009, in addition

to his position as Chief

Executive Officer and President held since October

He served as interim

Chief Financial Officer from October through November

He served as Senior

Vice President and Managing

Director – North America from January 2006 to

October 2008.

He served as Senior Vice President

and Global Industry Leader –

Metalworking and Coatings from July through December

He served as Vice

President and Global Industry Leader – Industrial Metalworking

and Coatings from

January 2004 through June 2005 and Vice

President and Chief Financial Officer

from 1998 to August 2004.

Senior Vice President,

Global Specialty

Businesses and Chief Strategy Officer

Berquist, who has

been employed by the Company since 1997, has served as

Senior Vice President,

Global Specialty Businesses and Chief Strategy Officer

He served as Vice President and

Managing Director – North America

from April 2010 until July 2019.

Chief Executive Officer and President

who has been employed by the Company since October 13, 2021, has

served as Chief Executive Officer and President since December

joining the Company, Mr.

Tometich served as Executive Vice

President, Hygiene,

Health and Consumable Adhesives at H.B.

Fuller from August 2019 until

September 17, 2021.

Before that, Mr.

was Senior Vice President,

Specialty Materials Business at Corning Incorporated from September

August 2019 and President, Performance Silicones Business Unit at The Dow

Chemical Company from June 2016 until February 2017 after having positions

increasing responsibility at Dow Corning Corporation and its subsidiaries

through 2016.

Executive Vice President,

Chief Strategy

Officer, and Managing Director,

Specialty Businesses

Berquist, who has been employed

by the Company since 1997, has served as

Executive Vice President,

Chief Strategy Officer, and Managing

Director, Global

Specialty Businesses since September 9, 2021.

Prior to that role, he served as

Senior Vice President, Global Specialty

Businesses and Chief Strategy Officer from

August 2019 to September 8, 2021.

Berquist served as Vice

President and

Managing Director – North America from April 2010 until July 2019.

Jeewat Bijlani, 45

2 unchanged sentences

Bijlani has served as Senior

Vice President, Managing

Director - Americas

Vice President, Managing Director

since he joined the Company in August 2019.

Prior to joining the Company,

Bijlani served as President, Americas and Global Strategic

Businesses of Houghton

Bijlani served as President, Americas and Global Strategic Businesses of Houghton

from March 2015 until July 2019.

Prior to that role, he served as Senior Vice

President M&A, Business Development and Strategic Planning

Houghton’s growth initiatives

with key customers and in business segments from

December 2011 to March 2015.

Prior to joining Houghton, Mr.

Director in the Private Equity Group at Celerant Consulting

from March 2006 to

November 2011 where he led

strategic and business transformation engagements in

the Chemicals and Manufacturing sector.

Mary Dean Hall, 63

Senior Vice President,

Chief Financial Officer

and Treasurer

Hall, who has been employed by the Company since

November 2015, has

served as Senior Vice

President, Chief Financial Officer and Treasurer

She served as Vice President,

Chief Financial Officer and Treasurer

November 2015 until July 2019.

Prior to joining the Company,

Hall served as

the Vice President and

Treasurer of Eastman Chemical Company

from April 2009

until October 2015.

Prior to that role, she held various senior-level financial

positions of increasing responsibility with Eastman from

1995 through 2009,

including Treasurer,

Vice President and Controller,

and Vice President, Finance.

Hostetter, 40

Vice President, Finance

Accounting Officer

who has been employed by the Company since July 2011,

as Vice President, Finance

and Chief Accounting Officer since August

served as Global Controller and Principal Accounting Officer

from September 2014

until July 2019.

Kym Johnson, 50

Senior Vice President,

Resources Officer

Johnson has served as Senior Vice

President, Chief Human Resources Officer

since she joined the Company in August 2019.

Prior to joining the Company,

Johnson served as Senior Vice

President Global Human Resources of Houghton

from June 2015 until July 2019.

Prior to joining Houghton, she served as Vice

President, Human Resources and Chief Human Resources Officer

Corporation from July 2013 to October 2014.

to that role, she held various

senior-level human resources roles with FMC from July 1992

to October 2014,

including Director, Global Talent

Management and HR Director, Asia Pacific.

Name, Age, and Present

Position with the Company

Business Experience During the Past Five

and Period Served as an Officer

Chief Financial

who has been employed by the Company since July 2011,

as Senior Vice President, Chief

Financial Officer since April 19, 2021.

Prior to that

role, he served as Vice President,

Finance and Chief Accounting Officer from

August 2019 until April 18, 2021.

He served as Global Controller and Principal

Accounting Officer from September 2014 until July 2019.

Dieter Laininger, 58

Senior Vice President,

Senior Vice President, Managing

Director - Asia / Pacific

who has been employed by the Company since 1991, has served

Senior Vice Present, Managing

who has been employed by the Company since 1991, has served as

Senior Vice President, Managing

Director – Asia / Pacific since August 2019.

served as Vice President

and Managing Director – Asia / Pacific from April 2018

served as Vice President and Managing

Director – Asia / Pacific from April 2018

until July 2019, in addition to his role as Vice

President and Managing Director -

South America, a position he assumed in January

2013 and held until July 2019.

South America, a position he assumed in January 2013 and held until

Laininger also served

as Vice President and Global

Leader – Primary Metals, a

position which he assumed in June 2011

and held until July 2019.

as Vice President and Global Leader

– Primary Metals, a

position which he assumed in June 2011 and

held until July 2019.

Wilbert Platzer, 60

Senior Vice President,

Global Operations,

Senior Vice President, Global

Environmental Health & Safety (“EHS”) and

who has been employed by the Company since 1995, has served

Senior Vice President,

Global Operations, EHS and Procurement since August

He served as Vice President,

Global Operations, EHS and Procurement from

April 2018 until July 2019.

He served as Vice President and

Managing Director –

EMEA from January 2006 through March 2018.

who has been employed by the Company since 1995, has served as

Senior Vice President, Global Operations,

EHS and Procurement since August

He previously served as Vice President, Global

Operations, EHS and

Procurement from April 2018 until July 2019.

Prior to that role, Mr.

Platzer served

as Vice President and Managing

Director – EMEA from January 2006 through

Name, Age, and Present

Position with the Company

Business Experience During the Past Five

and Period Served as an Officer

David Slinkman, 57

Senior Vice President,

Chief Technology

Vice President,

Senior Vice President, Chief Technology

Chief Technology

Officer since

in August 2019.

Prior to joining

Vice President

of Technology

Prior to joining

Houghton, Dr.

Slinkman served

Nalco Chemical

he held various

from December

for the finishing

working fluids

and Technical

for the paper

Adrian Steeples, 61

Senior Vice President,

Senior Vice President, Managing

Director – EMEA

Steeples, who has been

employed by the Company since 2010, has served as

Senior Vice President,

Managing Director – EMEA since August 2019.

as Vice President and Managing

Director – EMEA from April 2018 until July 2019.

He served as Vice President

and Managing Director - Asia/Pacific from July 2013

through March 2018.

Senior Vice President,

General Counsel and

Corporate Secretary

who has been employed by the Company since 2000, has served

Senior Vice President,

General Counsel and Corporate Secretary since August 2019.

He served as Vice President,

General Counsel and Corporate Secretary from April

Steeples, who has been employed

by the Company since 2010, has served as

Senior Vice President, Managing

Director – EMEA since August 2019.

previously served as Vice President

and Managing Director – EMEA from April

2018 until July 2019.

He served as the Corporation’s

General Counsel from March

2012 through March 2015.

He has also served

as Director of Global Corporate

Compliance since January 2009.

Prior to that role, he served as Vice President and

Director - Asia/Pacific from July 2013 through March 2018.

Senior Vice President, General

Corporate Secretary

who has been employed by the Company since 2000, has served as

Senior Vice President, General Counsel

and Corporate Secretary since August 2019.

He previously served as Vice President,

General Counsel and Corporate Secretary

from April 2015 until July 2019.

Vice President, Global Controller

Principal Accounting Officer

who has been employed by the Company since 2014, has served as Vice

President, Global Controller, and Principal

Accounting Officer since April 19, 2021.

Prior to that role, Mr.

served as the Corporate Controller from August 2019

until April 18, 2021.

Before that, he served as the Global Assistant Controller from

December 2014 to August 2019.

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-K

Item 3. Legal Proceedings