Westlake Corporation appointed Jonathan H. Baksht as Senior Vice President and Chief Financial Officer, effective June 15, 2026, succeeding M. Steven Bender who will transition to Special Advisor.
Key takeaways
Jonathan H. Baksht appointed as Senior Vice President and CFO effective June 15, 2026, with a base pay of $832,000 for 2026.
Baksht will receive a sign-on cash award of $200,000 and RSUs with a grant date fair value of $1,800,000 vesting on June 15, 2029.
He succeeds M. Steven Bender, who will retire by year-end and transition to Special Advisor to the President on June 15, 2026.
Baksht's compensation includes a 2026 target bonus of 90% of base pay and a long-term incentive target bonus of 275% of base pay.
Baksht previously served as CFO at Fortune Brands Innovations, Pactiv Evergreen, and Valaris Limited, and holds board positions at Duxion Motors and ARO Drilling.