Quaker Chemical Corp 8-K, filed Apr 29, 2021
Quaker Chemical Corp (KWR)
About this 8-K
Quaker Chemical Corp filed this 8-K on April 29, 2021, reporting on events of April 26, 2021.
Items reported
- Item 8.01: Other events
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
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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:
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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).
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INFORMATION TO BE INCLUDED IN THE REPORT
| Item 8.01. | Other Events. |
The Governance Committee of the Board of Directors (the “Committee”) of Quaker Chemical Corporation (the “Company”) has refined the Company’s director independence standards to more closely align with current proxy advisory firm guidance, including that of Institutional Shareholder Services Inc. and Glass, Lewis & Co. As a result of this, the Committee and Michael J. Shannon have determined that it is appropriate for Mr. Shannon to resign from the Audit Committee of the Company’s Board of Directors, effective April 29, 2021.
In addition, the Company reported that it has engaged Alliance Advisors, LLC to assist in the solicitation of proxies for the Annual Meeting of Shareholders of the Company, and has agreed to pay Alliance Advisors, LLC a fee for its services not expected to exceed $12,500, plus reimbursement of out-of-pocket expenses.
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: April 29, 2021 | By: | /s/ Robert T. Traub |
Robert T. Traub Senior Vice President, General Counsel and Corporate Secretary | ||