Koppers Appoints Eric Brenner as New Chief Financial Officer and Treasurer
Summary
Koppers Holdings Inc. announced the appointment of Eric D. Brenner as its new Chief Financial Officer and Treasurer, effective May 26, 2026, bringing extensive experience from NOVA Chemicals Corporation.
Key Events
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New Chief Financial Officer Appointed
Eric D. Brenner has been elected as the Company's Chief Financial Officer and Treasurer, effective May 26, 2026.
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Experienced Executive Hire
Mr. Brenner previously served as Senior Vice President and CFO for NOVA Chemicals Corporation, where he oversaw finance, treasury, IT, and transformation teams, and was involved in strategic planning and refinancing.
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Interim CFO Returns to Previous Role
Bradley A. Pearce, who served as interim Chief Financial Officer and Treasurer, will return to his role as Chief Accounting Officer, effective May 26, 2026.
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Compensation Package Detailed
Mr. Brenner's compensation includes an annual base salary of $550,000, a target annual cash incentive of 75% of base salary, and a target long-term incentive award of 125% of base salary for 2026, increasing to 140% in 2027.
Analysis
The appointment of Eric D. Brenner as CFO and Treasurer is an important move for Koppers, especially following recent strategic operational changes and financial reporting. Brenner's extensive background as SVP and CFO at NOVA Chemicals, including experience in strategic planning, refinancing, and transformation, suggests a focus on strengthening financial leadership and executing strategic initiatives. This hire aims to bolster the company's financial management during a period of strategic evolution.
At the time of this filing, KOP was trading at $44.00 on NYSE in the Manufacturing sector, with a market capitalization of approximately $850.6M. The 52-week trading range was $25.00 to $46.40. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.