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Hudson Technologies (NASDAQ: HDSN) announces leadership changes

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(Moderate)
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Form Type
8-K

Rhea-AI Filing Summary

Hudson Technologies reported a series of leadership changes as part of a broader management restructuring. Kathleen L. Houghton resigned as Senior Vice President – Sales & Marketing and as a member of the Board of Directors; her board resignation was stated as not resulting from any disagreement with the company.

The company appointed Rob Stoody as Senior Vice President, Operations and expanded Kirk Reimer’s role to Vice President, Sales & Marketing. It also promoted Mostafa Parsa to Vice President, Operations, brought back Cesar Alonso as Vice President, Supply Chain, and hired Meredith Baskies as Director of Marketing to help strengthen operations, expand market reach and support growth.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 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)   March 13, 2026

 

Hudson Technologies, Inc.

(Exact Name of Registrant as Specified in Charter)

 

New York

(State or Other Jurisdiction of Incorporation)

 

1-13412   13-3641539
(Commission File Number)   (IRS Employer Identification No.)

 

300 Tice Boulevard, Suite 290, Woodcliff Lake, New Jersey   07677
(Address of Principal Executive Offices)   (Zip Code)

 

(845) 735-6000

(Registrant's Telephone Number, Including Area Code)
 

Not Applicable

(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 (see General Instruction A.2. below):

 

¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class Trading Symbols(s) Name of each exchange on which registered
Common Stock, $0.01 par value HDSN Nasdaq Capital Market

 

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 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

 

On March 13, 2026, Kathleen L. Houghton resigned from her position as Senior Vice President – Sales & Marketing, and from her position as a member of the Board of Directors, of Hudson Technologies, Inc. (the “Company”). Ms. Houghton’s resignation from the Board of Directors was not the result of any disagreement with the Company as referenced in Item 5.02(a) of Form 8-K.

 

Item 8.01Other Events.

 

On March 18, 2026, the Company issued a press release announcing certain changes to its management organization. A copy of the press release is filed herewith as Exhibit 99.1.

 

Item 9.01 Financial Statements and Exhibits.

  

  (d) Exhibits

  

  Exhibit 99.1 Press Release issued March 18, 2026
  Exhibit 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

  

2

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: March 18, 2026

 

  HUDSON TECHNOLOGIES, INC.
   
  By: /s/ Brian J. Bertaux
  Name: Brian J. Bertaux
  Title: Chief Financial Officer & Secretary

 

3

 

 

Exhibit 99.1

 

 

HUDSON TECHNOLOGIES ANNOUNCES MANAGEMENT APPOINTMENTS TO STRENGTHEN OPERATIONS, EXTEND MARKET REACH AND ACCELERATE GROWTH

 

·ROB STOODY PROMOTED TO SENIOR VICE PRESIDENT, OPERATIONS
·KIRK REIMER NAMED VICE PRESIDENT, SALES & MARKETING

 

Woodcliff Lake, NJ –March 18, 2026– Hudson Technologies, Inc. (NASDAQ: HDSN) (“Hudson” or “the Company”) a leading provider of innovative and sustainable refrigerant products and services to the Heating, Ventilation, Air Conditioning and Refrigeration Industry – and one of the nation’s largest refrigerant reclaimers – announces several management changes, including the appointments of Rob Stoody to Senior Vice President, Operations and Kirk Reimer to Vice President, Sales & Marketing.

 

“As we begin to move through 2026, we have restructured our senior management team with the goal of more effectively leveraging our industry-leading sales and service capabilities. The HVAC industry requires a multitude of products and services to keep cooling systems online, and we have elevated and expanded our team to ensure we are employing the best go-to-market and customer service strategies to further our leadership position while driving profitable growth,” stated Ken Gaglione, President and Chief Executive Officer of Hudson Technologies.

 

In his new role, Rob Stoody will have oversight responsibility of Hudson’s plant operations, supply chain and logistics. Most recently Rob served as Vice President, Supply Chain where he was responsible for strategic initiatives optimizing supply chain including sourcing, procurement, logistics and distribution with a focus on aligning operational efficiency and cost management with the Company's growth objectives. Before that Rob was Vice President, Military and Gases, where he was instrumental in driving Hudson’s competitive bid to win the United States Defense Logistics Agency (DLA) contract. Rob has overseen the successful servicing of that contract which has fostered a strong relationship with the agency including consistently favorable satisfaction ratings.

 

The Company has also promoted Mostafa Parsa to Vice President, Operations and Cesar Alonso will rejoin Hudson as Vice President, Supply Chain. Mr. Parsa previously served as Director of Plant Operations where he oversaw plant activities nationwide. Mr. Alonso fills the role previously held by Rob Stoody. Cesar was Hudson’s Supply Chain Director from 2021 to 2024 and earlier in his career he served in senior Demand Planning roles for Honeywell.

 

“We’re pleased to share these changes to our operational organization. With this strengthened team in place, we are focused on further enhancing our reputation for operational excellence while also applying our capabilities to win new opportunities in new market verticals as our industry and customers meet the challenges of an evolving refrigerant market,” Mr. Gaglione commented.

 

 

 

 

As part of the Company’s management restructuring, Kirk Reimer will take on the expanded role of Vice President, Sales and Marketing where he will oversee refrigerant sales, services and core marketing activities. Kirk is a seasoned sales professional who most recently served as Vice President, Sales where he had day-to-day oversight of Hudson’s high performing nationwide sales organization and played a critical role in the development and implementation of Hudson’s sales strategies.

 

“Kirk has led our sales organization for many years and he has cultivated valuable insight related to the refrigerant market as well as deep and longstanding customer relationships. We believe his growth mindset and track record of success position him well to drive growth in refrigerant sales as well as our services business,” Mr. Gaglione continued.

 

Additionally, Meredith Baskies joins Hudson as Director of Marketing, where she will drive the marketing strategy and identify and implement opportunities and initiatives to expand the Company’s go-to-market approach for both existing customers and potential partners. She brings 15 years of experience as a marketing professional for multi-billion-dollar global organizations. Most recently, Meredith served as Director of Global Strategic Marketing for Gelest, a consumer care, life sciences and semiconductor subsidiary of Mitsubishi Chemical, where she built the division’s first marketing group and developed and implemented omni-channel growth initiatives by identifying new revenue opportunities and elevating the brand’s market presence. Earlier in her career she served as Head of Marketing, Home Care & Industrial and Institutional Cleaning, North America at BASF Corporation, where she developed the division’s 10-year strategy to drive revenue, volume and margin growth. Meredith will report directly to Kirk Reimer, Vice President, Sales and Marketing.

 

The Company also announces that Kate Houghton has exited her roles as Senior Vice President Sales & Marketing and member of the Hudson Board of Directors, to pursue other endeavors.

 

Mr. Gaglione concluded, ‘We believe Hudson has the sales and distribution capabilities, service expertise and market recognition to expand our customer base, partnerships, and strategic alliances. With this new team in place, we are well-positioned to capitalize on the opportunities we are seeing to increase our leading presence in the marketplace and drive value for our shareholders.”

 

 

About Hudson Technologies

 

Hudson Technologies, Inc. is a leading provider of innovative and sustainable refrigerant products and services to the Heating Ventilation Air Conditioning and Refrigeration industry. For nearly three decades, we have demonstrated our commitment to our customers and the environment by becoming one of the first in the United States and largest refrigerant reclaimers through multimillion dollar investments in the plants and advanced separation technology required to recover a wide variety of refrigerants and restoring them to Air-Conditioning, Heating, and Refrigeration Institute standard for reuse as certified EMERALD Refrigerants™.   The Company's products and services are primarily used in commercial air conditioning, industrial processing and refrigeration systems, and include refrigerant and industrial gas sales, refrigerant management services consisting primarily of reclamation of refrigerants and RefrigerantSide® Services performed at a customer's site, consisting of system decontamination to remove moisture, oils and other contaminants. The Company’s SmartEnergy OPS® service is a web-based real time continuous monitoring service applicable to a facility’s refrigeration systems and other energy systems. The Company’s Chiller Chemistry® and Chill Smart® services are also predictive and diagnostic service offerings. As a component of the Company’s products and services, the Company also generates carbon offset projects.

 

 

 

 

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

 

Statements contained herein which are not historical facts constitute forward-looking statements. Such forward-looking statements involve a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.  Such factors include, but are not limited to, changes in the laws and regulations affecting the industry, changes in the demand and price for refrigerants (including unfavorable market conditions adversely affecting the demand for, and the price of, refrigerants), the Company's ability to source refrigerants, regulatory and economic factors, seasonality, competition, litigation, the nature of supplier or customer arrangements that become available to the Company in the future, adverse weather conditions, possible technological obsolescence of existing products and services, possible reduction in the carrying value of long-lived assets, estimates of the useful life of its assets, potential environmental liability, customer concentration, the ability to obtain financing, the ability to meet financial covenants under existing credit facilities, any delays or interruptions in bringing products and services to market, the timely availability of any requisite permits and authorizations from governmental entities and third parties as well as factors relating to doing business outside the United States, including changes in the laws, regulations, policies, and political, financial and economic conditions, including inflation, interest and currency exchange rates, of countries in which the Company may seek to conduct business, the Company’s ability to successfully integrate any assets it acquires from third parties into its operations, and other risks detailed in the Company's 10-K for the year ended December 31, 2025 and other subsequent filings with the Securities and Exchange Commission. The words "believe", "expect", "anticipate", "may", "plan", "should" and similar expressions identify forward-looking statements.  Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statement was made.

 

Investor Relations Contact:
John Nesbett/Jennifer Belodeau

IMS Investor Relations
(203) 972-9200

hudson@imsinvestorrelations.com

Company Contact:
Brian Bertaux, CFO
Hudson Technologies, Inc.
(845) 735-6000
b
bertaux@hudsontech.com

 

 

FAQ

What management changes did Hudson Technologies (HDSN) announce?

Hudson Technologies announced a broad management restructuring, including a new Senior Vice President of Operations and expanded sales and marketing leadership, plus additional promotions and a new marketing director, all aimed at strengthening operations, expanding market reach and supporting future growth in the refrigerant services business.

Who resigned from Hudson Technologies’ leadership and board?

Kathleen L. Houghton resigned as Senior Vice President – Sales & Marketing and as a member of Hudson Technologies’ Board of Directors. The company stated that her resignation from the board was not the result of any disagreement with the company or its operations.

Who is Hudson Technologies’ new Senior Vice President of Operations?

Hudson Technologies named Rob Stoody as Senior Vice President, Operations. He will oversee plant operations, supply chain and logistics, building on his prior roles leading supply chain initiatives and managing the company’s successful work on a key United States Defense Logistics Agency refrigerant contract.

What is the new role of Kirk Reimer at Hudson Technologies (HDSN)?

Kirk Reimer was given an expanded role as Vice President, Sales and Marketing. He will oversee refrigerant sales, services and core marketing activities, drawing on his experience leading Hudson’s nationwide sales organization and helping shape the company’s refrigerant sales strategies.

Which additional leaders were promoted or hired by Hudson Technologies?

Hudson Technologies promoted Mostafa Parsa to Vice President, Operations and brought back Cesar Alonso as Vice President, Supply Chain. The company also hired Meredith Baskies as Director of Marketing to drive marketing strategy and expand its go-to-market approach for existing and potential customers.

What strategic goals does Hudson Technologies link to these management changes?

Hudson Technologies connects these management appointments to goals of strengthening operational excellence, expanding its customer base and market verticals, and capitalizing on opportunities in an evolving refrigerant market, with an emphasis on driving profitable growth and enhancing its leadership position in refrigerant products and services.

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