Item 3. Legal Proceedings
Item 3.
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.
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
herein by this reference.
The Company is a party to other litigation which management currently believes will not have
a material
adverse effect on the Company’s
results of operations, cash flow or financial condition.
Item 4.
Mine Safety Disclosures.
Not applicable.
19
Item 4(a).
Information about our
Executive Officers.
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
indicated.
Each of the executive officers, with the
exception of David A. Will,
is appointed annually to a one year term.
Mr. Will is considered
an executive officer in his capacity as
principal accounting officer for purposes of this Item
4(a).
Name, Age, and Present
Position with the Company
Business Experience During the Past Five
Years
and Period Served as an Officer
Andrew E. Tometich,
55
Chief Executive Officer and President
Mr. Tometich,
who has been employed by the Company since October 13, 2021, has
served as Chief Executive Officer and President since December
1, 2021.
Prior to
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. Tometich
was Senior Vice President,
Specialty Materials Business at Corning Incorporated from September
2017 until
August 2019 and President, Performance Silicones Business Unit at The Dow
Chemical Company from June 2016 until February 2017 after having positions
of
increasing responsibility at Dow Corning Corporation and its subsidiaries
from 1989
through 2016.
Joseph A. Berquist, 50
Executive Vice President,
Chief Strategy
Officer, and Managing Director,
Global
Specialty Businesses
Mr. 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.
Mr. Berquist served as Vice
President and
Managing Director – North America from April 2010 until July 2019.
Jeewat Bijlani, 45
Senior Vice President,
Managing Director - Americas
Mr. Bijlani has served as Senior
Vice President, Managing Director
- Americas
since he joined the Company in August 2019.
Prior to joining the Company,
Mr.
Bijlani served as President, Americas and Global Strategic Businesses of Houghton
from March 2015 until July 2019.
Shane W.
Hostetter, 40
Senior Vice President,
Chief Financial
Officer
Mr. Hostetter,
who has been employed by the Company since July 2011,
has served
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, Managing
Director - Asia / Pacific
Mr. Laininger,
who has been employed by the Company since 1991, has served as
Senior Vice President, Managing
Director – Asia / Pacific since August 2019.
He
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.
Mr. Laininger also served
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,
Environmental Health & Safety (“EHS”) and
Procurement
Mr. Platzer,
who has been employed by the Company since 1995, has served as
Senior Vice President, Global Operations,
EHS and Procurement since August
2019.
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
March 2018.
20
Name, Age, and Present
Position with the Company
Business Experience During the Past Five
Years
and Period Served as an Officer
Dr. David Slinkman, 57
Senior Vice President, Chief Technology
Officer
Dr.
Slinkman has
served as
Senior Vice
President,
Chief Technology
Officer
since
he joined
the Company
in August 2019.
Prior to
joining the
Company,
Dr.
Slinkman
served as
Vice President
of Technology
of Houghton
from March
2012 until
July 2019.
Adrian Steeples, 61
Senior Vice President, Managing
Director – EMEA
Mr. Steeples, who has been employed
by the Company since 2010, has served as
Senior Vice President, Managing
Director – EMEA since August 2019.
He
previously served as Vice President
and Managing Director – EMEA from April
2018 until July 2019.
Prior to that role, he served as Vice President and
Managing
Director - Asia/Pacific from July 2013 through March 2018.
Robert T. Traub,
57
Senior Vice President, General
Counsel and
Corporate Secretary
Mr. Traub,
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.
David A. Will, 37
Vice President, Global Controller
and
Principal Accounting Officer
Mr. Will,
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. Will
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.
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PART
II