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
August 19, 2015
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 | No. 23-0993790 | |
| (State or other jurisdiction of incorporation or organization) |
(I.R.S. Employer Identification No.) |
One Quaker Park
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:
| ¨ | 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)) |
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 August 19, 2015, Margaret M. Loebl resigned from her position as Vice President, Chief Financial Officer and Treasurer of Quaker effective September 18, 2015 to accept the position of Executive Vice President and Chief Financial Officer at AgroFresh Solutions based in Philadelphia. Ms. Loebl’s departure does not result from any disagreement with Quaker on any matter relating to Quaker’s operations, policies or practices.
A press release is attached as Exhibit 99.1 to this current report on Form 8-K.
| Item 9.01. | Financial Statements and Exhibits. |
| (d) | Exhibits |
The following exhibit is included as part of this report:
| Exhibit No. | |
| 99.1 | Press Release of Quaker Chemical Corporation dated August 25, 2015. |
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: August 25, 2015 | By: | /s/ Robert T. Traub | |
| Robert T. Traub | |||
| Vice President,
General Counsel and Corporate Secretary |
|||
Exhibit 99.1
NEWS
Contact: Robert T. Traub Vice President, General Counsel and Corporate Secretary traubr@quakerchem.com T. 610.832.4271 |
 |
|
For Release: Immediate |
QUAKER CHEMICAL CORPORATION ANNOUNCES RESIGNATION OF CFO
August 25, 2015
CONSHOHOCKEN, PA - Quaker Chemical Corporation (NYSE: KWR) today announced that Margaret M. Loebl has resigned from her position as Vice President, Chief Financial Officer and Treasurer of Quaker effective September 18, 2015. Ms. Loebl has accepted the position of Executive Vice President and Chief Financial Officer at AgroFresh Solutions (NASDAQ: AGFS), a specialty solutions company based in Philadelphia. Quaker has begun the search for a new CFO.
Michael F. Barry, Quaker’s Chairman, Chief Executive Officer and President commented, “On behalf of everyone at Quaker, I thank Margo for her significant contributions during her tenure as CFO. We wish Margo well in this new opportunity and in her career.”
Forward-Looking Statements
This release contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected in such statements. A major risk is that the Company’s demand is largely derived from the demand for its customers’ products, which subjects the Company to downturns in a customer’s business and unanticipated customer production shutdowns. Other major risks and uncertainties include, but are not limited to, significant increases in raw material costs, customer financial stability, worldwide economic and political conditions, foreign currency fluctuations, and future terrorist attacks such as those that occurred on September 11, 2001. Other factors could also adversely affect us. Therefore, we caution you not to place undue reliance on our forward-looking statements. This discussion is provided as permitted by the Private Securities Litigation Reform Act of 1995.
About Quaker
Quaker Chemical is a leading global provider of process fluids, chemical specialties, and technical expertise to a wide range of industries, including steel, aluminum, automotive, mining, aerospace, tube and pipe, cans, and others. For nearly 100 years, Quaker has helped customers around the world achieve production efficiency, improve product quality, and lower costs through a combination of innovative technology, process knowledge, and customized services. Headquartered in Conshohocken, Pennsylvania USA, Quaker serves businesses worldwide with a network of dedicated and experienced professionals whose mission is to make a difference.
| Quaker Chemical Corporation | ||
| One Quaker Park | P: 610.832.4000 | |
| 901 E. Hector Street | F: 610.832.8682 | |
| Conshohocken, PA 19428-2380 | quakerchem.com |