Business Context and Reporting Period
This Form 8-K Current Report was filed by NPK International Inc. on August 28, 2026, with the report date officially recorded as September 2, 2026. The filing addresses significant changes in executive leadership within the finance department.
Key Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity metrics. The document focuses exclusively on personnel changes and compensation adjustments.
Material Changes
- Departure of CFO: Gregg Piontek, Senior Vice President and Chief Financial Officer, notified the Company of his intention to retire on or before August 31, 2027, following nearly 20 years of service. He will remain to support the transition until a successor is appointed.
- Appointment of CAO: The Board appointed Matthew Warren as Chief Accounting Officer (CAO) effective August 31, 2026. Mr. Warren succeeds Mr. Piontek as the principal accounting officer.
- Compensation Adjustment: In connection with his new role, Mr. Warren's annual base salary was increased to $283,000, and his target annual cash incentive opportunity was increased to 40% of his base salary.
- Succession Planning: The Company has initiated a formal search for a successor to the CFO position in consultation with a global executive search firm.
Guidance, Outlook, and Risks
The filing contains no financial guidance, outlook, or discussion of market risks. The primary operational contingency noted is the transition of the CFO role, which is being managed through a formal search process and the retention of the outgoing CFO for support.
Investor Verification Checklist
- Verify the timeline for the appointment of the new Chief Financial Officer.
- Review the attached press release (Exhibit 99.1) for additional details on the transition plan.
- Monitor future filings for the formal announcement of the new CFO appointment.
- Confirm that no other undisclosed executive departures are occurring concurrently.