FUEL TECH, INC.

(FTEK)
  Report
Delayed Nasdaq  -  04:00 2022-08-11 pm EDT
1.380 USD   -0.72%
08/10FUEL TECH : REPORTS 2022 SECOND QUARTER FINANCIAL RESULTS - Form 8-K
PU
08/10FUEL TECH, INC. Management's Discussion and Analysis of Financial Condition and Results of Operations (form 10-Q)
AQ
08/10Fuel Tech Reports 2022 Second Quarter Financial Results
BU
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

FUEL TECH, INC. : Change in Directors or Principal Officers (form 8-K)

06/07/2022 | 04:04pm EDT

Item 5.02 Departure of Directors or Certain Officers; Election of Directors;

          Appointment of Certain Officers; Compensatory Arrangements of Certain
          Officers


(a) On June 2, 2022, the Board of Directors ("Board") of Fuel Tech, Inc. ("Fuel Tech" or the "Registrant") appointed Ellen T. Albrecht to the position of Vice President, Chief Financial Officer and Treasurer. Prior to this appointment, Ms. Albrecht served Fuel Tech as Acting Treasurer and Controller and Principal Financial Officer since March, 2020; Vice President, Operations Planning and Control since June 2012; acting Treasurer and Chief Financial Officer since July 2010; Vice President and Controller since January 2007; Controller since February 2004; Accounting Manager since June 2000; Senior Accountant since May 1998; and Accountant since July 1996.

(b) Effective June 1, 2022, Ms. Albrecht will receive an annual base salary of $250,000 which shall be subject to Fuel Tech's ongoing 10% base salary reduction program for its officers, resulting in an actual net annual base salary of $225,000 dollars, and a target participation percentage of 30% of net annual base salary in Registrant's 2022 Corporate Incentive Plan and 2022 Current Objectives Plan. Ms. Albrecht participates in benefit and welfare programs offered by Registrant.

(c) There is no family relationship between Ms. Albrecht and any director, executive officer, or person nominated or chosen by the Registrant to become a director or executive officer.

(d) Other than as stated above, there is no arrangement or understanding as to Ms. Albrecht's employment with the Registrant, or its directors or officers. Upon commencement of employment with the Registrant, Ms. Albrecht entered into the Registrant's standard form of employment agreement which established employment with the Registrant as at-will, and provided for the protection of the Registrant's intellectual property and other confidential information. Ms. Albrecht is not entitled to any payments upon severance.

© Edgar Online, source Glimpses

All news about FUEL TECH, INC.
08/10FUEL TECH : REPORTS 2022 SECOND QUARTER FINANCIAL RESULTS - Form 8-K
PU
08/10FUEL TECH, INC. Management's Discussion and Analysis of Financial Condition and Result..
AQ
08/10Fuel Tech Reports 2022 Second Quarter Financial Results
BU
08/10Earnings Flash (FTEK) FUEL TECH Posts Q2 Revenue $6.4M
MT
08/10Fuel Tech, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended Ju..
CI
08/10EARNINGS REACTION HISTORY : FUEL TECH INC, 28.6% Follow-Through Indicator, 14.1% Sensitive
MT
08/04Fuel Tech Schedules 2022 Second Quarter Financial Results and Conference Call
BU
06/23FUEL TECH : June 23, 2022Fuel Tech, Inc. Awarded Air Pollution Control Contracts Valued At..
PU
06/23Fuel Tech Secures Air Pollution Control Contracts Worth $3.6 Million; Shares Soar After..
MT
06/23Fuel Tech Awarded Air Pollution Control Contracts Valued at $3.6 Million
BU
More news
Analyst Recommendations on FUEL TECH, INC.
More recommendations
Financials (USD)
Sales 2022 25,5 M - -
Net income 2022 -2,76 M - -
Net Debt 2022 - - -
P/E ratio 2022 -15,4x
Yield 2022 -
Capitalization 42,1 M 42,1 M -
Capi. / Sales 2022 1,65x
Capi. / Sales 2023 1,39x
Nbr of Employees 73
Free-Float 75,1%
Chart FUEL TECH, INC.
Duration : Period :
Fuel Tech, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends FUEL TECH, INC.
Short TermMid-TermLong Term
TrendsBullishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 1
Last Close Price 1,39 $
Average target price 4,00 $
Spread / Average Target 188%
EPS Revisions
Managers and Directors
Vincent J. Arnone Chief Financial Officer, Treasurer & VP
Ellen T. Albrecht Chief Financial Officer, Treasurer & VP
Thomas S. Shaw Lead Independent Director
Douglas G. Bailey Independent Director
Dennis L. Zeitler Independent Director