Quaker Chemical updates principal accounting officer role
Quaker Chemical Corporation reports a leadership change in its finance organization.
Rhea-AI Filing Summary
Quaker Chemical Corporation reports a leadership change in its finance organization. On June 30, 2026, Steven Dassing resigned as Vice President, Corporate Controller and Principal Accounting Officer, effective July 22, 2026, to pursue another career opportunity, and the company states the resignation does not stem from any dispute or disagreement.
After his resignation becomes effective, Executive Vice President and Chief Financial Officer Mr. Coler, age 53, will also serve as Principal Accounting Officer. The company notes there are no new compensatory arrangements for him in this added role and no family relationships or related-party transactions requiring disclosure.
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8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
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.
Key Figures
Resignation announcement date: June 30, 2026
Resignation effective date: July 22, 2026
Age of new Principal Accounting Officer: 53 years
3 metrics
Resignation announcement date
June 30, 2026
Date Mr. Dassing’s resignation was announced
Resignation effective date
July 22, 2026
Date Mr. Dassing’s resignation becomes effective
Age of new Principal Accounting Officer
53 years
Age of Mr. Coler, who will assume the role
Key Terms
Principal Accounting Officer, Item 5.02, Regulation S-K, emerging growth company
4 terms
Principal Accounting Officer financial
"will serve as the Company’s Principal Accounting Officer, in addition to his current position"
The Principal Accounting Officer is the person responsible for making sure a company's financial records are accurate and follow the rules. They play a key role in preparing financial reports that show how well the company is doing. This helps investors, managers, and regulators trust the company's financial information.
Item 5.02 regulatory
"Item 5.02. Departure of Directors or Certain Officers; Election of Directors"
Regulation S-K regulatory
"transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K"
A set of U.S. Securities and Exchange Commission rules that tell public companies which narrative and qualitative details must be disclosed in filings, such as risk factors, management discussion, executive pay, legal proceedings and business description. Think of it as a standardized checklist or blueprint that ensures investors get the same types of background information from every company so they can compare risks, management quality and strategy before making investment decisions.
emerging growth company regulatory
"Emerging growth company o o INFORMATION TO BE INCLUDED IN THE REPORT"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What leadership change did Quaker Chemical (KWR) disclose in this 8-K?
Quaker Chemical disclosed that Steven Dassing resigned as Vice President, Corporate Controller and Principal Accounting Officer, effective July 22, 2026. After his departure, Executive Vice President and Chief Financial Officer Mr. Coler will also serve as Principal Accounting Officer for the company.
Why did Steven Dassing resign from Quaker Chemical (KWR)?
Steven Dassing resigned to pursue another career opportunity, according to the company. Quaker Chemical explicitly states that his resignation is not the result of any dispute or disagreement with the company, and the board and management thanked him for his contributions.
Who will be Quaker Chemical’s Principal Accounting Officer after July 22, 2026?
After July 22, 2026, Quaker Chemical’s Principal Accounting Officer will be Mr. Coler. He will hold this position in addition to his existing role as Executive Vice President and Chief Financial Officer, consolidating key accounting and finance responsibilities under one executive.
Did Quaker Chemical (KWR) grant new compensation to Mr. Coler for his added role?
Quaker Chemical states that no new compensatory arrangements will be entered into with Mr. Coler for assuming the Principal Accounting Officer role. His existing compensation as Executive Vice President and Chief Financial Officer remains in place without additional agreements tied to this change.
Where can investors find Mr. Coler’s background information for Quaker Chemical (KWR)?
Quaker Chemical indicates that Mr. Coler’s biographical information is provided in its Annual Report on Form 10-K for the year ended December 31, 2025. That report was filed on February 23, 2026 and includes details on his experience and roles.
AI-generated analysis. How Rhea-AI works. Not financial advice.
