Compass Minerals names Brett Teuscher accounting chief
Brett Teuscher's annual package includes a $300,000 base salary, a performance-goal-dependent cash bonus target, and $115,000 in target equity awards.
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Form Type
8-K
Rhea-AI Filing Summary
Compass Minerals International, Inc. (CMP) said Ashley Ward resigned as chief accounting officer effective October 23, 2026; the company stated her resignation was not due to a disagreement over its operations, policies or practices. On October 28, 2026, it appointed Brett Teuscher as chief accounting officer.
Teuscher joined the company in May 2026 as senior director of internal audit and has 19 years of finance and accounting experience. His offer letter sets a $300,000 annual base salary, a target cash bonus of 40% of annual base salary dependent on pre-established performance goals, and eligibility for an annual target equity award valued at $115,000. His employment is at will.
8-K Event Classification
2 items: 5.02, 9.01
2 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Annual base salary: $300,000 per year
Targeted cash bonus: 40% of annual base salary
Annual target equity award value: $115,000
+2 more
5 metrics
Annual base salary
$300,000 per year
Compensation under Brett Teuscher's offer letter
Targeted cash bonus
40% of annual base salary
Bonus payments depend on pre-established performance goals
Annual target equity award value
$115,000
Teuscher is eligible to receive equity awards
Finance and accounting experience
19 years
Brett Teuscher
Age
44 years
Brett Teuscher
Key Terms
Management Annual Incentive Program, Long-Term Incentive Program, at will
3 terms
Management Annual Incentive Program financial
"under the Company’s Management Annual Incentive Program"
Long-Term Incentive Program financial
"as part of the Company’s Long-Term Incentive Program"
A long-term incentive program is a company plan that pays executives or employees rewards—often stock, options, or cash—only if the business hits performance goals over several years. It matters to investors because these payouts align managers’ interests with shareholders, encouraging decisions that boost sustained growth and share value rather than short-term gains; think of it as a multi-year bonus tied to measurable company outcomes.
at will regulatory
"employment with the Company is at will"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What compensation will Brett Teuscher receive as CMP's chief accounting officer?
His offer letter sets an annual base salary of $300,000 and a targeted cash bonus of 40% of annual base salary, with bonus payments dependent on pre-established performance goals. He is eligible for equity awards with an annual target value of $115,000.
Why did Ashley Ward resign as CMP's chief accounting officer?
The company said her resignation was not the result of any disagreement with the company on a matter relating to its operations, policies or practices.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 22, 2026
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||
(Address of principal executive offices)
(913 ) 344-9200
(Registrant's telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol | Name of each exchange on which registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Departure of Chief Accounting Officer and Appointment of New Chief Accounting Officer
On October 22, 2026, Ashley Ward resigned as Chief Accounting Officer of Compass Minerals International, Inc. (the “Company”), effective October 23. Her resignation was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. On October 28, 2026, the Company appointed Brett Teuscher as its new Chief Accounting Officer.
Mr. Teuscher, age 44, joined the Company in May 2026 as Senior Director, Internal Audit and has 19 years of experience in finance and accounting. From January 2020 to May 2026, he served in positions of increasing responsibility at BlueScope, a steel supplier and manufacturer, ultimately as Director of Finance Transformation, ERM and Procurement. Earlier in his career, he worked in finance or internal audit roles at United Health Group, Whirlpool, JCPenney Company and the Utah State Tax Commission. Mr. Teuscher earned both his Master of Business Administration and his Bachelor of Science in Accounting from Utah State University.
The Company entered into a letter agreement, signed October 28, 2026, with Mr. Teuscher (the “Offer Letter”), establishing his compensation as Chief Accounting Officer. Pursuant to the Offer Letter, Mr. Teuscher’s base salary will be $300,000 per year. Mr. Teuscher’s annual targeted cash bonus under the Company’s Management Annual Incentive Program will be 40% of his annual base salary, with any bonus payments dependent on the Company’s pre-established performance goals. Mr. Teuscher will also be eligible to receive equity awards as part of the Company’s Long-Term Incentive Program, with an annual target equity award value of $115,000. The Offer Letter provides that Mr. Teuscher’s employment with the Company is at will.
The foregoing description of the Offer Letter is qualified in its entirety by reference to the full text of the Offer Letter, which is attached as Exhibit 10.1 and incorporated by reference herein.
Mr. Teuscher does not have any family relationships with any director or executive officer of the Company, and there is no arrangement or understanding between Mr. Teuscher and any other person pursuant to which Mr. Teuscher was appointed as Chief Accounting Officer. Furthermore, there are no transactions between Mr. Teuscher (or any member of his immediate family) and the Company (or any of its subsidiaries) that would be required to be reported under Item 404(a) of Regulation S-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. | Exhibit Description | |||||||
10.1 | Offer Letter, signed October 28, 2026, between Compass Minerals International Inc. and Brett Teuscher. | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
COMPASS MINERALS INTERNATIONAL, INC. | ||||||||
Date: October 28, 2026 | By: | /s/ Peter Fjellman | ||||||
| Peter Fjellman | ||||||||
| Chief Financial Officer | ||||||||