Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 30, 2026, Steven Dassing resigned from his position as Vice President, Corporate Controller and Principal Accounting Officer of Quaker Chemical Corporation ("Quaker Houghton" or the "Company") effective July 22, 2026. Mr. Dassing plans to pursue another career opportunity and his resignation is not the result of any dispute or disagreement with the Company. The Board of Directors of Quaker Houghton and management thank Mr. Dassing for his contributions to the Company and wish him well.
Upon the effectiveness of Mr. Dassing's resignation, Mr. Coler, age 53, will serve as the Company's Principal Accounting Officer, in addition to his current position as Executive Vice President, Chief Financial Officer. Mr. Coler's biographical information is set forth in the Company's Annual Report on Form 10-K for the year ended December 31, 2025 that was filed on February 23, 2026. No new compensatory arrangements will be entered into with Mr. Coler in connection with assuming the role of Principal Accounting Officer.
There are no arrangements or understandings between Mr. Coler and any other person pursuant to which he was selected as an officer, there are no family relationships between Mr. Coler 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.
-2-