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Quaker Chemical names Neil Daniels accounting chief

The agreement also provides annual equity awards with an aggregate target value of $110,000 and makes the sign-on bonus repayable in certain circumstances.

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Form Type
8-K

Rhea-AI Filing Summary

Quaker Chemical Corporation (KWR) appointed Neil Daniels as Vice President, Chief Accounting Officer, effective upon his anticipated employment start date of November 16, 2026. He will serve as the company’s principal accounting officer, while Thomas Coler continues as Executive Vice President and Chief Financial Officer.

Daniels’s employment agreement provides for an annual base salary of $370,000 and eligibility for a 2027 annual incentive target of 35% of base salary, dependent on company financial results and other objectives. It also provides an annual grant of time-based restricted stock units and target performance stock units with an aggregate value of $110,000, plus a $175,000 cash sign-on bonus. He must repay the bonus if he terminates employment under certain circumstances detailed in the agreement.

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.
Annual base salary $370,000 Annual compensation under the employment agreement
Annual incentive target 35% of base salary 2027 target, dependent on company financial results and other objectives
Annual equity grant aggregate value $110,000 Time-based restricted stock units and target performance stock units
Cash sign-on bonus $175,000 Repayable if Daniels terminates employment under certain circumstances detailed in the agreement
principal accounting officer technical
"serve as the Company’s principal accounting officer"
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.
Annual Incentive Plan financial
"participate in the Company’s Annual Incentive Plan"
Long-Term Performance Incentive Plan financial
"participate in the Company’s Long-Term Performance Incentive Plan"
time-based restricted stock units financial
"annual grant of time-based restricted stock units"
Time-based restricted stock units are a form of employee compensation where individuals are granted company shares that are earned over a set period, often as a reward for staying with the company. These shares typically become fully owned and transferable only after passing specific time milestones, encouraging long-term commitment. For investors, they highlight a company's focus on employee retention and can influence future stock supply and company stability.
target performance stock units financial
"target performance stock units having an aggregate value of $110,000"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When does Neil Daniels become Quaker Chemical’s chief accounting officer?

Neil Daniels’s appointment as Vice President, Chief Accounting Officer is effective upon his anticipated employment start date of November 16, 2026. He will serve as Quaker Chemical’s principal accounting officer.

What compensation does Quaker Chemical’s agreement with Neil Daniels provide?

The agreement provides an annual base salary of $370,000, eligibility for a 2027 annual incentive target of 35% of base salary, annual equity grants with an aggregate value of $110,000, and a $175,000 cash sign-on bonus.

Does Neil Daniels have to repay his Quaker Chemical sign-on bonus?

The agreement requires Daniels to repay the $175,000 cash sign-on bonus if he terminates his employment under certain circumstances detailed in the agreement.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates
0000081362FALSE00000813622026-10-162026-10-16

 
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
October 16, 2026
Date of Report (Date of earliest event reported)
QUAKER CHEMICAL CORPORATION
(Exact name of registrant as specified in its charter)
Commission File Number 001-12019
Pennsylvania
23-0993790
(State or other jurisdiction of
incorporation)
(I.R.S. Employer
Identification No.)
901 E. Hector Street
Conshohocken, Pennsylvania 19428
(Address of principal executive offices)
(Zip Code)
(610) 832-4000
(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:
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))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, $1 par valueKWRNew 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



INFORMATION TO BE INCLUDED IN THE REPORT
Item 5.02.    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On October 16, 2026, Quaker Chemical Corporation (the “Company”) appointed Neil Daniels, age 61, as Vice President, Chief Accounting Officer, effective upon his anticipated employment start date of November 16, 2026. In that role, Mr. Daniels will serve as the Company’s principal accounting officer. Mr. Daniels previously worked as a consultant to Teleflex Inc., having rejoined the organization in February 2025 after previously serving as Vice President, Finance and Assistant Corporate Controller for Teleflex Inc. for over ten years from 2012 through 2022. Prior to rejoining Teleflex, Mr. Daniels served as Vice President and Global Controller at Nouryon from May 2024 to February 2025. Before that, he served as Vice President and Corporate Controller at Emergent BioSolutions from November 2022 through May 2024. Mr. Daniels is a Certified Public Accountant and has a Bachelor of Business Administration in Accounting.
On October 16, 2026, the Company and Mr. Daniels entered into an Employment Agreement (the “Employment Agreement”) that provides for an annual base salary of $370,000 and eligibility to participate in the Company’s Annual Incentive Plan with a target award percentage of 35% of his base salary for 2027, dependent on the Company’s financial results and other objectives. Mr. Daniels is also eligible to participate in the Company’s Long-Term Performance Incentive Plan with an annual grant of time-based restricted stock units and target performance stock units having an aggregate value of $110,000. Mr. Daniels will also be provided with a cash sign-on bonus in the amount of $175,000. Mr. Daniels will be required to repay his bonus to the Company if he terminates his employment under certain circumstances as detailed in his Employment Agreement. Mr. Daniels will also be entitled to medical, dental, and other benefits as are made generally available by the Company to its full-time U.S. employees.
Pursuant to Mr. Daniels’s Employment Agreement, he is also subject to non-disclosure, non-competition, and non-solicitation covenants similar to those of other Company officers. The foregoing summary of the Employment Agreement does not purport to be a complete description of all of the terms and conditions of the document, and is qualified in its entirety by reference to the full text of the Employment Agreement, which is filed as an exhibit to this Current Report on Form 8-K.
There are no arrangements or understandings between Mr. Daniels and any other person pursuant to which he was selected as an officer, there are no family relationships between Mr. Daniels and any director or executive officer of the Company, and he has no direct or indirect material interest in any existing or currently proposed transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.
In connection with Mr. Daniels’s appointment, Thomas Coler will cease to serve as the Company’s principal accounting officer, a role he has held since July 22, 2026. Mr. Coler will continue to serve as Executive Vice President, Chief Financial Officer.
Item 9.01.    Financial Statements and Exhibits.
The following exhibits are included as part of this report:
Exhibit No.Description
10.1
Employment Agreement by and between Quaker Chemical Corporation and Neil Daniels, dated October 16, 2026.^
104Cover Page Interactive Data File (embedded within the Inline XBRL document).
^ Certain portions of the exhibits that are not material and are of the type Quaker Houghton treats as confidential have been redacted pursuant to Item 601(b)(10)(iv) of Regulation S-K. Copies of the unredacted exhibits will be furnished to the SEC upon request.
2


SIGNATURE
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.
QUAKER CHEMICAL CORPORATION
Date: October 22, 2026
By:/s/ ROBERT T. TRAUB
Robert T. Traub
Senior Vice President, General Counsel and Corporate Secretary
3

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