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[8-K] Avantor, Inc. Reports Material Event

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(Neutral)
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(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

Ashland Inc. (NYSE: ASH) filed a Form 8-K to disclose the permanent appointment of William Whitaker as Senior Vice President, Chief Financial Officer and Principal Financial Officer, effective 18 July 2025.

Whitaker had served as interim CFO since 6 May 2025. His finalized compensation package comprises: (i) $414,600 annual base salary; (ii) target annual cash incentive equal to 65 % of salary; (iii) long-term incentive opportunity up to 265 % of salary; and (iv) an initial equity award valued at $1.1 million, split 40 % into Restricted Stock Units and 60 % into Performance Share Units. RSUs vest in three equal annual installments beginning 20 Nov 2026, while PSUs cliff-vest on 20 Nov 2029, all under the company’s 2021 Omnibus Plan.

No additional financial metrics, earnings data, or strategic transactions were reported in this current report.

Ashland Inc. (NYSE: ASH) ha presentato un modulo 8-K per annunciare la nomina permanente di William Whitaker a Vicepresidente Senior, Chief Financial Officer e Principal Financial Officer, con effetto dal 18 luglio 2025.

Whitaker ha ricoperto il ruolo di CFO ad interim dal 6 maggio 2025. Il suo pacchetto retributivo definitivo include: (i) uno stipendio base annuo di 414.600 $; (ii) un incentivo in contanti annuale target pari al 65% dello stipendio; (iii) un'opportunità di incentivo a lungo termine fino al 265% dello stipendio; e (iv) un premio azionario iniziale del valore di 1,1 milioni di $, suddiviso in 40% in Restricted Stock Units e 60% in Performance Share Units. Le RSU maturano in tre rate annuali uguali a partire dal 20 novembre 2026, mentre le PSU maturano interamente con un cliff il 20 novembre 2029, il tutto nell'ambito del Piano Omnibus 2021 della società.

Nel presente rapporto non sono stati riportati ulteriori dati finanziari, risultati economici o transazioni strategiche.

Ashland Inc. (NYSE: ASH) presentó un Formulario 8-K para anunciar el nombramiento permanente de William Whitaker como Vicepresidente Senior, Director Financiero y Oficial Financiero Principal, efectivo a partir del 18 de julio de 2025.

Whitaker había desempeñado el cargo de CFO interino desde el 6 de mayo de 2025. Su paquete de compensación final incluye: (i) un salario base anual de $414,600; (ii) un incentivo anual en efectivo objetivo equivalente al 65% del salario; (iii) una oportunidad de incentivo a largo plazo de hasta el 265% del salario; y (iv) una concesión inicial de acciones valorada en $1.1 millones, dividida en un 40% en Unidades de Acciones Restringidas y un 60% en Unidades de Acciones de Desempeño. Las RSU se consolidan en tres cuotas anuales iguales a partir del 20 de noviembre de 2026, mientras que las PSU se consolidan completamente en un solo pago el 20 de noviembre de 2029, todo bajo el Plan Omnibus 2021 de la compañía.

No se reportaron métricas financieras adicionales, datos de ganancias ni transacciones estratégicas en este informe actual.

Ashland Inc. (NYSE: ASH)ëŠ� 2025ë…� 7ì›� 18ì¼ë¶€ë¡� William Whitakerë¥� ìˆ˜ì„ ë¶€ì‚¬ìž¥, 최고재무책임ìž�(CFO), 주요 재무 ì±…ìž„ìžë¡œ ì˜êµ¬ 임명했ìŒì� 알리ê¸� 위해 Form 8-Kë¥� 제출했습니다.

WhitakerëŠ� 2025ë…� 5ì›� 6ì¼ë¶€í„� 임시 CFOë¡� 근무í•� 왔습니다. ê·¸ì˜ ìµœì¢… ë³´ìƒ íŒ¨í‚¤ì§€ëŠ� 다ìŒê³� 같습니다: (i) ì—°ê°„ 기본ê¸� 414,600달러; (ii) 급여ì� 65%ì—� 해당하는 목표 ì—°ê°„ 현금 ì¸ì„¼í‹°ë¸Œ; (iii) 급여ì� 최대 265%ì—� 해당하는 장기 ì¸ì„¼í‹°ë¸Œ 기회; (iv) 초기 ì£¼ì‹ ë³´ìƒì€ 110ë§� 달러 ìƒë‹¹ìœ¼ë¡œ, 40%ëŠ� 제한 ì£¼ì‹ ë‹¨ìœ„(RSU), 60%ëŠ� 성과 ì£¼ì‹ ë‹¨ìœ„(PSU)ë¡� 나뉩니다. RSUëŠ� 2026ë…� 11ì›� 20ì¼ë¶€í„� 3ë…„ì— ê±¸ì³ ë§¤ë…„ ë™ì¼í•� 비율ë¡� 베스팅ë˜ë©�, PSUëŠ� 2029ë…� 11ì›� 20ì¼ì— ì¼ê´„ 베스팅ë©ë‹ˆë‹¤. ëª¨ë‘ íšŒì‚¬ì� 2021ë…� 옴니버스 플랜ì—� ë”°ë¼ ìš´ì˜ë©ë‹ˆë‹�.

ì´ë²ˆ 보고서ì—ëŠ� 추가ì ì¸ 재무 ì§€í‘�, ìˆ˜ìµ ë°ì´í„� ë˜ëŠ” ì „ëžµì � 거래ëŠ� í¬í•¨ë˜ì§€ 않았습니ë‹�.

Ashland Inc. (NYSE : ASH) a déposé un formulaire 8-K pour annoncer la nomination permanente de William Whitaker au poste de Vice-Président Senior, Directeur Financier et Principal Responsable Financier, à compter du 18 juillet 2025.

Whitaker occupait le poste de CFO intérimaire depuis le 6 mai 2025. Son package de rémunération final comprend : (i) un salaire de base annuel de 414 600 $65 % du salaire ; (iii) une opportunité d'incitation à long terme allant jusqu'à 265 % du salaire ; et (iv) une attribution initiale d'actions d'une valeur de 1,1 million de $, répartie à hauteur de 40 % en unités d'actions restreintes (RSU) et 60 % en unités d'actions de performance (PSU). Les RSU sont acquises en trois versements annuels égaux à partir du 20 novembre 2026, tandis que les PSU sont acquises en bloc le 20 novembre 2029, le tout dans le cadre du Plan Omnibus 2021 de la société.

Aucune donnée financière supplémentaire, résultat ou transaction stratégique n’a été rapportée dans ce rapport actuel.

Ashland Inc. (NYSE: ASH) hat ein Formular 8-K eingereicht, um die dauerhafte Ernennung von William Whitaker zum Senior Vice President, Chief Financial Officer und Principal Financial Officer mit Wirkung zum 18. Juli 2025 bekannt zu geben.

Whitaker hatte seit dem 6. Mai 2025 als interimistischer CFO fungiert. Sein endgültiges Vergütungspaket umfasst: (i) ein jährliches Grundgehalt von 414.600 $; (ii) eine jährliche Ziel-Cash-Incentive in Höhe von 65 % des Gehalts; (iii) eine langfristige Anreizmöglichkeit von bis zu 265 % des Gehalts; und (iv) eine anfängliche Aktienzuteilung im Wert von 1,1 Millionen $, aufgeteilt in 40 % Restricted Stock Units und 60 % Performance Share Units. Die RSUs werden in drei gleichen jährlichen Tranchen ab dem 20. November 2026 vestiert, während die PSUs am 20. November 2029 vollständig cliff-vesten, alles im Rahmen des Omnibus-Plans 2021 des Unternehmens.

In diesem aktuellen Bericht wurden keine weiteren finanziellen Kennzahlen, Gewinnzahlen oder strategischen Transaktionen gemeldet.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine CFO confirmation; improves leadership continuity, negligible immediate financial effect.

The Board’s move converts an interim appointment into a permanent role, removing succession uncertainty. Compensation levels align with typical mid-cap chemical peers: base pay <$0.5 m, total target direct comp <4× salary. Equity mix (40 % RSU / 60 % PSU) emphasizes performance alignment, with multi-year vesting that supports retention. No guidance or capital-allocation changes were announced, so the filing is governance-oriented rather than financially material. Overall impact on valuation is neutral; however, continuity may be viewed modestly positive by creditors and rating agencies.

Ashland Inc. (NYSE: ASH) ha presentato un modulo 8-K per annunciare la nomina permanente di William Whitaker a Vicepresidente Senior, Chief Financial Officer e Principal Financial Officer, con effetto dal 18 luglio 2025.

Whitaker ha ricoperto il ruolo di CFO ad interim dal 6 maggio 2025. Il suo pacchetto retributivo definitivo include: (i) uno stipendio base annuo di 414.600 $; (ii) un incentivo in contanti annuale target pari al 65% dello stipendio; (iii) un'opportunità di incentivo a lungo termine fino al 265% dello stipendio; e (iv) un premio azionario iniziale del valore di 1,1 milioni di $, suddiviso in 40% in Restricted Stock Units e 60% in Performance Share Units. Le RSU maturano in tre rate annuali uguali a partire dal 20 novembre 2026, mentre le PSU maturano interamente con un cliff il 20 novembre 2029, il tutto nell'ambito del Piano Omnibus 2021 della società.

Nel presente rapporto non sono stati riportati ulteriori dati finanziari, risultati economici o transazioni strategiche.

Ashland Inc. (NYSE: ASH) presentó un Formulario 8-K para anunciar el nombramiento permanente de William Whitaker como Vicepresidente Senior, Director Financiero y Oficial Financiero Principal, efectivo a partir del 18 de julio de 2025.

Whitaker había desempeñado el cargo de CFO interino desde el 6 de mayo de 2025. Su paquete de compensación final incluye: (i) un salario base anual de $414,600; (ii) un incentivo anual en efectivo objetivo equivalente al 65% del salario; (iii) una oportunidad de incentivo a largo plazo de hasta el 265% del salario; y (iv) una concesión inicial de acciones valorada en $1.1 millones, dividida en un 40% en Unidades de Acciones Restringidas y un 60% en Unidades de Acciones de Desempeño. Las RSU se consolidan en tres cuotas anuales iguales a partir del 20 de noviembre de 2026, mientras que las PSU se consolidan completamente en un solo pago el 20 de noviembre de 2029, todo bajo el Plan Omnibus 2021 de la compañía.

No se reportaron métricas financieras adicionales, datos de ganancias ni transacciones estratégicas en este informe actual.

Ashland Inc. (NYSE: ASH)ëŠ� 2025ë…� 7ì›� 18ì¼ë¶€ë¡� William Whitakerë¥� ìˆ˜ì„ ë¶€ì‚¬ìž¥, 최고재무책임ìž�(CFO), 주요 재무 ì±…ìž„ìžë¡œ ì˜êµ¬ 임명했ìŒì� 알리ê¸� 위해 Form 8-Kë¥� 제출했습니다.

WhitakerëŠ� 2025ë…� 5ì›� 6ì¼ë¶€í„� 임시 CFOë¡� 근무í•� 왔습니다. ê·¸ì˜ ìµœì¢… ë³´ìƒ íŒ¨í‚¤ì§€ëŠ� 다ìŒê³� 같습니다: (i) ì—°ê°„ 기본ê¸� 414,600달러; (ii) 급여ì� 65%ì—� 해당하는 목표 ì—°ê°„ 현금 ì¸ì„¼í‹°ë¸Œ; (iii) 급여ì� 최대 265%ì—� 해당하는 장기 ì¸ì„¼í‹°ë¸Œ 기회; (iv) 초기 ì£¼ì‹ ë³´ìƒì€ 110ë§� 달러 ìƒë‹¹ìœ¼ë¡œ, 40%ëŠ� 제한 ì£¼ì‹ ë‹¨ìœ„(RSU), 60%ëŠ� 성과 ì£¼ì‹ ë‹¨ìœ„(PSU)ë¡� 나뉩니다. RSUëŠ� 2026ë…� 11ì›� 20ì¼ë¶€í„� 3ë…„ì— ê±¸ì³ ë§¤ë…„ ë™ì¼í•� 비율ë¡� 베스팅ë˜ë©�, PSUëŠ� 2029ë…� 11ì›� 20ì¼ì— ì¼ê´„ 베스팅ë©ë‹ˆë‹¤. ëª¨ë‘ íšŒì‚¬ì� 2021ë…� 옴니버스 플랜ì—� ë”°ë¼ ìš´ì˜ë©ë‹ˆë‹�.

ì´ë²ˆ 보고서ì—ëŠ� 추가ì ì¸ 재무 ì§€í‘�, ìˆ˜ìµ ë°ì´í„� ë˜ëŠ” ì „ëžµì � 거래ëŠ� í¬í•¨ë˜ì§€ 않았습니ë‹�.

Ashland Inc. (NYSE : ASH) a déposé un formulaire 8-K pour annoncer la nomination permanente de William Whitaker au poste de Vice-Président Senior, Directeur Financier et Principal Responsable Financier, à compter du 18 juillet 2025.

Whitaker occupait le poste de CFO intérimaire depuis le 6 mai 2025. Son package de rémunération final comprend : (i) un salaire de base annuel de 414 600 $65 % du salaire ; (iii) une opportunité d'incitation à long terme allant jusqu'à 265 % du salaire ; et (iv) une attribution initiale d'actions d'une valeur de 1,1 million de $, répartie à hauteur de 40 % en unités d'actions restreintes (RSU) et 60 % en unités d'actions de performance (PSU). Les RSU sont acquises en trois versements annuels égaux à partir du 20 novembre 2026, tandis que les PSU sont acquises en bloc le 20 novembre 2029, le tout dans le cadre du Plan Omnibus 2021 de la société.

Aucune donnée financière supplémentaire, résultat ou transaction stratégique n’a été rapportée dans ce rapport actuel.

Ashland Inc. (NYSE: ASH) hat ein Formular 8-K eingereicht, um die dauerhafte Ernennung von William Whitaker zum Senior Vice President, Chief Financial Officer und Principal Financial Officer mit Wirkung zum 18. Juli 2025 bekannt zu geben.

Whitaker hatte seit dem 6. Mai 2025 als interimistischer CFO fungiert. Sein endgültiges Vergütungspaket umfasst: (i) ein jährliches Grundgehalt von 414.600 $; (ii) eine jährliche Ziel-Cash-Incentive in Höhe von 65 % des Gehalts; (iii) eine langfristige Anreizmöglichkeit von bis zu 265 % des Gehalts; und (iv) eine anfängliche Aktienzuteilung im Wert von 1,1 Millionen $, aufgeteilt in 40 % Restricted Stock Units und 60 % Performance Share Units. Die RSUs werden in drei gleichen jährlichen Tranchen ab dem 20. November 2026 vestiert, während die PSUs am 20. November 2029 vollständig cliff-vesten, alles im Rahmen des Omnibus-Plans 2021 des Unternehmens.

In diesem aktuellen Bericht wurden keine weiteren finanziellen Kennzahlen, Gewinnzahlen oder strategischen Transaktionen gemeldet.

false 0001722482 0001722482 2025-07-15 2025-07-15
 
 

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

Date of Report (Date of earliest event reported): July 15, 2025

 

 

 

LOGO

Avantor, Inc.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   001-38912   82-2758923

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

  (I.R.S. Employer
Identification No.)

 

Radnor Corporate Center, Building One, Suite 200
100 Matsonford Road
Radnor, Pennsylvania 19087

(Address of principal executive offices, including zip code)

(610) 386-1700

(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))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading
Symbol

 

Exchange on
which registered

Common Stock, $0.01 par value   AVTR   New 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

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. ☐

 

 
 


Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On July 21, 2025, Avantor, Inc. (the “Company”), announced that it has named Emmanuel Ligner as President and Chief Executive Officer, effective as of August 18, 2025. Mr. Ligner will become a member of the Company’s Executive Leadership Team and serve as its principal executive officer. In connection with this appointment, the Company’s current Chief Executive Officer, Michael Stubblefield, who previously agreed to step down from his role as Director, President and Chief Executive Officer will cease serving effective as of August 18, 2025.

Prior to joining the Company, Mr. Ligner, age 55, served as Chief Executive Officer of Cerba HealthCare from March 2024 to March 2025. Prior to that, Mr. Ligner served as President and Chief Executive Officer of Cytiva and a Group Executive of Danaher Corporation from April 2020 to March 2024. Mr. Ligner also served in several roles at GE HealthCare from April 2008 to April 2020, including President and Chief Executive Officer, Life Sciences. Mr. Ligner began his career in biopharma as a Medical Representative at Otsuka Pharmaceutical in 1996, later serving in various roles at Abbott Diagnostics and at Whatman International. Mr. Ligner holds a B.A. in Marketing from University College of Wales and an MBA in Commerce from Université de Savoie.

In connection with his appointment as Chief Executive Officer of the Company, on July 15, 2025, VWR International Ltd., a subsidiary of the Company, entered into a contract of employment (the “Agreement”) with Mr. Ligner. The term of the Agreement is one year, with automatic annual renewals, unless it is not renewed by either party or Mr. Ligner’s employment terminates in accordance with the Agreement. Upon receipt of a work visa granting Mr. Ligner authorization to work in the United States, the Agreement will also terminate, and he will be employed by the Company on substantially consistent terms.

Mr. Ligner’s initial annual base salary is £775,000 and his target annual incentive bonus opportunity is 150% of base salary, pro-rated for 2025 based on his hire date. Mr. Ligner will be eligible to participate in the Company’s 2019 Equity Incentive Plan (the “Plan”) beginning in 2026, pursuant to which he will be eligible for an annual equity grant, with a target value of $9,000,000, as determined by the Compensation and Human Resources Committee of the Company’s Board of Directors. Mr. Ligner will also receive a one-time new hire equity award under the Plan with a target amount of $5,000,000, half of which will be granted in the form of restricted stock units and half of which will be granted in the form of premium priced stock options. These awards will vest ratably over three years, subject to the Plan’s terms and conditions.

In the event that Mr. Ligner is involuntarily terminated without “cause” or resigns for “good reason” he will receive a lump-sum payment of $75,000 for repatriation expenses and severance on terms consistent with the terms of the Company’s Executive Severance and Change in Control Plan, which is described in the Company’s current report on Form 8-K, filed with the Securities and Exchange Commission on May 12, 2025, and a copy of which will be filed with the Company’s quarterly report on Form 10-Q for the quarter ending June 30, 2025.

The foregoing description of the Agreement is a summary only and does not purport to be complete and is qualified in its entirety by reference to the full text, a copy of which will be filed with the Company’s quarterly report on Form 10-Q for the quarter ending September 30, 2025.

Avantor confirms that (1) there is no arrangement or understanding between Mr. Ligner and any other person pursuant to which he was appointed as Chief Executive Officer; (2) there is no family relationship between Mr. Ligner and any director or executive officer of the Company; and (3) there are no transactions involving Mr. Ligner that would require disclosure under Item 404(a) of Regulation S-K.

 

Item 7.01.

Regulation FD Disclosure.

On July 21, 2025, the Company issued a press release announcing the appointment of Mr. Ligner. A copy of the press release is furnished herewith as Exhibit No. 99.1 to this Current Report on Form 8-K and


incorporated herein by reference. The information in this Item 7.01, including Exhibit 99.1, is furnished and shall not be deemed filed for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section and shall not be deemed to be incorporated by reference into any filing by the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

 

Exhibit No.

   Description
99.1    Press Release, dated July 21, 2025
104    The cover page from this Current Report on Form 8-K, formatted in Inline XBRL


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.

 

  Avantor, Inc.
Date: July 21, 2025     By:  

Name: Claudius Sokenu

      Title:   Executive Vice President, Chief Legal and Compliance Officer

FAQ

Why did Ashland (ASH) file this Form 8-K?

To announce the permanent appointment of William Whitaker as CFO and outline his compensation.

When does William Whitaker’s permanent CFO role become effective?

The appointment is effective July 18, 2025.

What is Whitaker’s annual base salary as CFO?

He will receive a base salary of $414,600.

What percentage of salary is Whitaker’s target annual cash incentive?

The target annual incentive equals 65 % of base salary.

How large is the initial equity grant and how is it structured?

The grant is valued at $1.1 million, split 40 % RSUs and 60 % PSUs.

When do the RSUs and PSUs granted to Whitaker vest?

RSUs vest in three equal tranches starting 20 Nov 2026; PSUs cliff-vest on 20 Nov 2029.
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9.01B
658.07M
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Medical Instruments & Supplies
Laboratory Analytical Instruments
United States
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