Sensient Technologies Corp. (SXT) has released an update to notify the public and investors about its officers.
Stephen J. Rolfs, the Senior Vice President and CFO of the company, has announced his retirement set for June 30, 2024, and Tobin Tornehl is slated to take over the role. Tornehl, currently Vice President, Controller, and Chief Accounting Officer, will see an increase in his base salary to $400,000 and participate in the annual incentive plan, with a prorated target bonus. His appointment comes without any direct or familial conflicts of interest and follows no external arrangements, ensuring a smooth transition in the company’s financial leadership.
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For a comprehensive understanding of the announcement, you can read the full document here.
