Ecovyst Inc. has appointed Laurie Bergman as Chief Financial Officer, effective August 24, 2026, succeeding Michael Feehan. Her extensive background in financial Leadership aims to enhance the company's strategic growth initiatives.
Key Highlights
- Laurie Bergman appointed as CFO effective August 24, 2026.
- Michael Feehan transitions to a supporting role until September 30, 2026.
- Bergman's compensation includes a base salary of $470,000, a target annual bonus, and stock awards totaling up to $650,000.
Ecovyst Inc. (NYSE: ECVT) has appointed Laurie Bergman as its new Chief Financial Officer, effective August 24, 2026. Bergman succeeds Michael Feehan, who has performed this role since August 2021. She brings experience from her recent role as Chief Financial Officer of Legacy Food Group, where she served since July 2024, and has extensive prior financial leadership experience.
The leadership change aligns with Ecovyst's ongoing focus on advancing its operational and strategic goals.
Transitioning Leadership
Michael Feehan will remain with Ecovyst until September 30, 2026, to ensure a smooth handover of responsibilities to Bergman. During this transition period, Feehan will retain a position within the company's wholly owned subsidiary, Ecovyst Catalyst Technologies LLC. His departure is categorized as a termination without cause, and he is expected to enter into a Transition Agreement detailing his severance benefits linked to the Severance Agreement dated December 16, 2022.
Bagman’s expertise is anticipated to support a smooth operational transition while maintaining existing corporate strategies.
Compensation Details
She will have the potential to receive annual Equity awards valued between $600,000 to $650,000. These compensation elements are designed to align her incentives with the company's growth targets, potentially enhancing Shareholder value in the long run.
Bergman’s Background
Bergman, aged 49, holds a significant portfolio of experience within the finance sector, previously serving as Chief Financial Officer at Liquid Environmental Solutions from June 2021 to June 2024, and in various senior accounting roles at UGI Corporation between February 2019 and June 2021. She currently serves on the boards of Arq, Inc. and QNB Corp. highlighting her recognized expertise in corporate governance and financial oversight. Bergman is expected to Leverage this diverse experience to drive Ecovyst’s financial strategies and operational success as she steps into her new role.
Next Steps for Ecovyst
This forthcoming report will provide further details on Bergman's transition and her initial contributions to the Company. Investors will likely focus on the execution of Ecovyst’s performance goals under Bergman’s financial leadership as a key performance indicator moving forward.
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