Stepan Company (SCL)

84.02 +1.03 (+1.24%) At close: 04:00PM EDT

Stepan Company

1101 Skokie Boulevard
Suite 500
Northbrook, IL 60062
United States
847 446 7500
https://www.stepan.com

Sector(s): Basic Materials
Industry: Specialty Chemicals
Full-time employees: 2,389

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Scott R. Behrens	CEO, President & Director	1.05M	N/A	1970
Mr. Luis E. Rojo	VP & CFO	598.39k	N/A	1973
Mr. David G. Kabbes	VP, General Counsel & Secretary	514.38k	N/A	1963
Mr. Robert J. Haire	Executive Vice President of Supply Chain	509.67k	N/A	1973
Dr. Jason Scott Keiper Ph.D.	VP and Chief Technology & Sustainability Officer	N/A	N/A	1974
David B. Mattingly	VP, Chief Compliance & Risk Officer	N/A	N/A	N/A
Mr. Mark F. Mydlach	Vice President of Sales	N/A	N/A	N/A
Ms. Sharon N. Purnell	VP & Chief Human Resources Officer	N/A	N/A	1978
Mr. Matthew John Eaken	VP & Corporate Controller	369.19k	N/A	1963
Mr. John V. Venegoni	Consultant	397.99k	79.23k	1959

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Stepan Company, together with its subsidiaries, produces and sells specialty and intermediate chemicals to other manufacturers for use in various end products worldwide. It operates through three segments: Surfactants, Polymers, and Specialty Products. The Surfactants segment offers surfactants that are used in consumer and industrial cleaning and disinfection products, including detergents for washing clothes, dishes, carpets, and floors and walls, as well as shampoos and body washes; and other applications, such as fabric softeners, germicidal quaternary compounds, disinfectants, and lubricating ingredients. Its surfactants are also used in various applications, including emulsifiers for spreading agricultural products; and industrial applications comprising latex systems, plastics, and composites. The Polymers segment provides polyurethane polyols that are used in the manufacture of rigid foam for thermal insulation in the construction industry, as well as a base raw material for coatings, adhesives, sealants, and elastomers (CASE); polyester resins, including liquid and powdered products, which are used in CASE applications; and phthalic anhydride that is used in unsaturated polyester resins, alkyd resins, and plasticizers for applications in construction materials, as well as components of automotive, boating, and other consumer products. The Specialty Products segment offers flavors, emulsifiers, and solubilizers for use in food, flavoring, nutritional supplement, and pharmaceutical applications. Stepan Company was founded in 1932 and is headquartered in Northbrook, Illinois.

Corporate governance

Stepan Company’s ISS governance QualityScore as of 29 April 2024 is 1. The pillar scores are Audit: 1; Board: 4; Shareholder rights: 2; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.