Ecovyst Inc. filed a Form 8-K on August 24, 2026, disclosing the appointment of Laurie Bergman as Vice President, Chief Financial Officer and Treasurer, effective August 24, 2026, and the departure of Michael Feehan from that role.

Key Highlights

  • New CFO appointed: Laurie Bergman, age 49, became Vice President, Chief Financial Officer and Treasurer of Ecovyst Inc. effective August 24, 2026.
  • Base salary: Bergman will receive an annual base salary of $470,000, according to the filing.
  • Annual bonus target: She is eligible for an annual performance bonus with a target equal to 70% of base salary.
  • Sign-on compensation: Bergman will receive a one-time cash sign-on payment of $250,000 and a one-time restricted stock unit award with a grant date value of $450,000, vesting in full on the third anniversary of the grant date.
  • Long-term incentive target: Annual equity awards are targeted at a value of $600,000 to $650,000.
  • Outgoing CFO transition: Michael Feehan, who served as CFO since August 2021, is expected to remain an employee through September 30, 2026 to assist with the transition.
  • Feehan severance: Under his existing Severance Agreement dated December 16, 2022, Feehan is eligible to receive base salary and target annual incentive bonus for a two-year period, a pro rata annual bonus, and 24 months of health benefit continuation at active employee rates.

Ecovyst CFO Transition: Bergman's Terms and Feehan's Departure Details

According to the filing, Ecovyst Inc. (NYSE:ECVT), headquartered in Wayne, Pennsylvania, reported on August 21, 2026 that its Board of Directors appointed Laurie Bergman to succeed Michael Feehan as Vice President, Chief Financial Officer and Treasurer. The transition became effective on August 24, 2026, designated in the filing as the "Transition Date." Feehan had held the role since August 2021 and is expected to continue as an employee of Ecovyst Catalyst Technologies LLC, a wholly owned subsidiary, through September 30, 2026 to support the handover of duties.

The filing describes Bergman's recent background: she served as Chief Financial Officer of Legacy Food Group since July 2024, as Chief Financial Officer of Liquid Environmental Solutions from June 2021 to June 2024, and as Chief Accounting Officer, Corporate Controller and VP Accounting of UGI Corporation from February 2019 to June 2021. The filing also notes she has served on the board and audit committee of Arq, Inc. (NASDAQ: ARQ) since June 2023 and on the board and audit committee of QNB Corp. (NASDAQ: QNBC) since May 2020. She holds a Bachelor of Business Administration degree and a Master of Business Administration degree from Temple University.

Regarding Feehan's separation, which the filing characterizes as a termination without cause, Ecovyst LLC and Feehan are expected to enter into a Transition Agreement and General Release. Under his 2022 Severance Agreement, Feehan's performance-based stock unit awards will remain outstanding in accordance with their existing terms, with a pro rata portion eligible to vest based on actual performance. Bergman's offer letter includes two-year post-employment non-competition and confidentiality covenants, and entitles her to severance equal to one year of base salary and target bonus plus 52 weeks of health benefits if terminated without cause, subject to execution of a general release.

What Was Disclosed

Ecovyst Inc. disclosed a CFO leadership change effective August 24, 2026, including Laurie Bergman's compensation terms under her offer letter and Michael Feehan's expected severance benefits and transition timeline under his existing Severance Agreement.