Posted 01 September, 2023
OLIN Corp appointed new CEO
CEO Change detected for ticker NYSE:OLN in a 8-K filed on 01 September, 2023.
On September 1, 2023, Olin Corporation (the "Company") announced that, by mutual agreement, Mr. Scott Sutton will step down as the Company's President, Chief Executive Officer and Chairman of the Board in the first half of 2024.
Don't how to trade CEO change? Read Reasons for CEO Turnover and Effect on Stock Performance.
Overview of OLIN Corp
Basic Materials/Resources • Chemicals
Olin Corp. engages in the manufacturing of chemicals products. It operates through the following segments: Chlor Alkali Products and Vinyls, Epoxy, and Winchester. The Chlor Alkali Products and Vinyls segment manufactures and sells chlorine and caustic soda, ethylene dichloride and vinyl chloride monomer, methyl chloride, methylene chloride, chloroform, carbon tetrachloride, perchloroethylene, trichloroethylene and vinylidene chloride, hydrochloric acid, hydrogen, bleach products and potassium hydroxide. The Epoxy segment produces and sells epoxy materials, which include allyl chloride, epichlorohydrin, liquid epoxy resins and downstream products such as converted epoxy resins and additives. The Winchester segment creates and sells sporting ammunition, reloading components, small caliber military ammunition and components, and industrial cartridges. The company was founded by Franklin W. Olin in 1892 and is headquartered in Clayton, MO.Market Cap
$2.91B
View Company Details
$2.91B
Relevant filing section
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On September 1, 2023, Olin Corporation (the "Company") announced that, by mutual agreement, Mr. Scott Sutton will step down as the Company's President, Chief Executive Officer and Chairman of the Board in the first half of 2024. Mr. Sutton will continue as President, Chief Executive Officer and Chairman of the Board until his departure from the Company. The Company has commenced an immediate search to identify Mr. Sutton's successor. Mr. Sutton's agreement to step down from his position was not the result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices.
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