HUDSON TECHNOLOGIES INC /NY 8-K
Research Summary
AI-generated summary
Hudson Technologies Appoints Robert Stoody as Senior VP – Operations
What Happened
- Hudson Technologies, Inc. announced on January 30, 2026 that its Board appointed Robert A. Stoody (age 42) as Senior Vice President – Operations. Mr. Stoody has been with the company since January 2015, most recently serving as Vice President of Supply Chain (Aug 2025–Dec 2025) and previously as Vice President, Military and Gases Division (Jan 2015–Nov 2025). His earlier experience includes President of Compressed Cylinder Services, Inc. (2012–2015) and Executive VP of Stoody Industrial & Welding Supply, Inc. (2002–2012). An employment agreement between Hudson Technologies Company and Mr. Stoody dated November 2, 2021 remains in effect.
Key Details
- Appointment effective date: January 30, 2026; new title: Senior Vice President – Operations.
- Existing employment agreement (Nov 2, 2021) includes a six-month non-compete in the U.S. following termination.
- Severance on involuntary separation without cause (or voluntary separation for a listed “good reason”): continuation of annual base salary and benefits for six months plus a lump-sum payment (subject to performance criteria) equal to the highest bonus paid in the prior three years, pro‑rated to termination date.
- Equity treatment on qualifying separation: all stock options/SARs/ similar rights become fully vested and exercisable on termination and remain exercisable through the earlier of the six‑month severance period, breach-related termination of benefits, or original option expiration.
Why It Matters
- This is an executive-level operations appointment signaling continuity of internal leadership; Mr. Stoody has long tenure and prior leadership roles within the company and recent responsibility for supply chain and division operations.
- For investors, the material items are compensation-related obligations tied to the existing agreement: potential six-month cash/benefit outlays and accelerated equity vesting in specified separation scenarios. The filing does not state dollar amounts; the full employment agreement is filed as Exhibit 10.1 for details.