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Koppers (NYSE: KOP) details CFO retirement and interim finance leadership shift

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(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Koppers Holdings Inc. announced that Chief Financial Officer Jimmi Sue Smith retired from the CFO role effective January 5, 2026. She will remain Treasurer, serve in an advisory role to support an orderly transition, and continue as a full-time employee through February 28, 2026. The company states that her retirement is not due to any disagreement related to financial reporting, controls, operations, policies, or practices.

In connection with this change, the Board elected Bradley A. Pearce, previously Chief Accounting Officer, as interim Chief Financial Officer and Chief Accounting Officer, making him the principal financial officer effective January 5, 2026. Effective January 1, 2026, his annual base salary was increased to $400,000, his target total annual cash incentive multiplier was raised from 40% to 60% of base salary, and his target total long-term incentive multiplier remains 80% of base salary. Koppers also issued a press release on January 9, 2026 detailing these leadership changes.

Positive

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Insights

Koppers discloses an orderly CFO transition with internal interim successor and adjusted pay.

The company reports that long-time finance leader Jimmi Sue Smith has retired from the CFO role effective January 5, 2026 but will remain Treasurer and a full-time employee through February 28, 2026. Explicitly stating that her retirement is not due to disagreements over financial statements, internal controls, or operations helps frame this as a planned leadership transition rather than a governance issue.

The Board appointed internal candidate Bradley A. Pearce, previously Chief Accounting Officer, as interim CFO and principal financial officer. His base salary increased to $400,000 from January 1, 2026, his target total annual cash incentive multiplier rose from 40% to 60% of base salary, and his long-term incentive target remains at 80%. This keeps incentives aligned with a senior finance role while the company negotiates a transition agreement with Ms. Smith, to be detailed in a future amendment once executed.

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 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Understanding 8-K Material Events →
0001315257False00013152572026-01-052026-01-05

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): January 5, 2026
_________________________________________________________
KOPPERS HOLDINGS INC.
(Exact name of registrant as specified in its charter)
_________________________________________________________
Pennsylvania1-3273720-1878963
(State or other jurisdiction
of incorporation)		(Commission File Number)(IRS Employer
Identification No.)
436 Seventh Avenue
Pittsburgh, Pennsylvania
15219
(Address of principal executive offices)(Zip Code)
Registrant’s telephone number, including area code: (412) 227-2001
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)
oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common StockKOPThe New York Stock Exchange
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 o
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. o


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On January 5, 2026, Koppers Holdings Inc. (the “Company” or “Koppers”) and Jimmi Sue Smith agreed that Ms. Smith would retire from her position as the Company’s Chief Financial Officer effective January 5, 2026. Ms. Smith will continue to serve as the Treasurer, as well as in an advisory role to assist with an orderly transition, and will remain a full-time employee of Koppers through February 28, 2026. Ms. Smith’s decision to retire is not the result of any disagreements with Koppers or any matter relating to Koppers’ financial statements, internal control over financial reporting, operations, policies or practices. Koppers and Ms. Smith are negotiating a transition agreement. Upon execution of such agreement, the Company will file an amendment to this report.
In connection with Ms. Smith’s retirement, Bradley A. Pearce, Koppers’ Chief Accounting Officer, has been elected by the Company’s Board of Directors to act as Koppers’ interim Chief Financial Officer and Chief Accounting Officer, in which position he serves as the Company’s principal financial officer, effective January 5, 2026.
Mr. Pearce, age 59, has served as Chief Accounting Officer of the Company since May 2019. Previously, he served as Director, Corporate Control and Taxes of Koppers Inc. from April 2008 to April 2019 and as Director, Corporate Control of Koppers Inc. from April 2006 to March 2008.
The Board of Directors approved certain changes to Mr. Pearce’s compensation in connection with his election as interim Chief Financial Officer and Chief Accounting Officer. Effective January 1, 2026, Mr. Pearce’s annual base salary was increased to $400,000. In addition, the Board of Directors approved an increase in the multiplier used to determine the target total annual cash incentive for Mr. Pearce from 40 percent of his annual base salary to 60 percent of his annual base salary. Mr. Pearce will continue to receive a multiplier of 80 percent of his annual base salary for purposes of determining his target total long-term incentive award.
Mr. Pearce does not have any family relationships with any of the Company’s directors or executive officers. Mr. Pearce is not a party to any transactions of the type described in Item 404(a) of Regulation S-K.
Item 8.01 Other Events.
The Company issued a press release on January 9, 2026 regarding the retirement of Ms. Smith as Chief Financial Officer and the election of Mr. Pearce as interim Chief Financial Officer and Chief Accounting Officer. A copy of the press release is furnished herewith as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
(d)Exhibits.
99.1
Press Release dated January 9, 2026
104Cover Page Interactive Data File (embedded within the Inline XBRL document).


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.
Dated: January 9, 2026
KOPPERS HOLDINGS INC.
By:/s/ Bradley A. Pearce
Bradley A. Pearce
Interim Chief Financial Officer and
Chief Accounting Officer

Source: View Original Filing on SEC EDGAR

FAQ

What executive leadership change did Koppers (KOP) report on January 5, 2026?

Koppers reported that Jimmi Sue Smith retired from her role as Chief Financial Officer effective January 5, 2026. She will remain Treasurer, serve in an advisory capacity for transition, and stay a full-time employee through February 28, 2026.

Who is the new interim Chief Financial Officer at Koppers (KOP)?

The Board elected Bradley A. Pearce, previously the company’s Chief Accounting Officer, to serve as interim Chief Financial Officer and Chief Accounting Officer, making him the principal financial officer effective January 5, 2026.

Did Koppers indicate any disagreements behind the CFO’s retirement?

The company states that Ms. Smith’s decision to retire is not the result of any disagreements with Koppers or any matter relating to its financial statements, internal control over financial reporting, operations, policies, or practices.

How did Koppers change compensation for interim CFO Bradley Pearce?

Effective January 1, 2026, Mr. Pearce’s annual base salary was set at $400,000. His target total annual cash incentive multiplier increased from 40% to 60% of base salary, while his target total long-term incentive multiplier remains at 80% of base salary.

Did Koppers issue a press release about the CFO transition?

Yes. The company issued a press release on January 9, 2026 regarding Ms. Smith’s retirement and Mr. Pearce’s appointment as interim CFO and Chief Accounting Officer. This release is included as Exhibit 99.1.