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AI brief of an SEC Form 8-K · Westlake (WLK)

Westlake CFO Steve Bender to retire; Bob Patel and CEO Jean-Marc Gilson join board

Neutral Impact 4 of 5 leadership Written later

Westlake Corporation said Chief Financial Officer M. Steven Bender intends to retire, effective when a successor is appointed; the filing does not name a successor. The board also expanded to fourteen members and elected former LyondellBasell CEO Bhavesh V. "Bob" Patel and CEO Jean-Marc Gilson as directors, which changes board composition and management's board representation.

Key points

  • Bender notified the company on February 19, 2026 of his intention to retire as Executive Vice President and Chief Financial Officer, effective upon appointment of his successor
  • Board increased to fourteen members and elected Patel and Gilson on February 20, 2026
  • Patel received a restricted stock unit grant with an aggregate grant date fair value of $175,000, vesting February 20, 2027
  • Gilson, the company's President and CEO, will receive no additional compensation for board service and serves a term expiring at the 2026 annual meeting

The filing

CompanyWestlake (WLK)
Form8-K, current report
Filed with the SECFeb 23, 2026, 4:55 PM ET
Accession number0001193125-26-064221

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 23, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.