Orion S.A. (OEC) company profile
Close on Nov 13, 2026Market cap $225.53MP/E –Yield 2.01%
About Orion
Miscellaneous Chemical Products, SIC 2890
Orion S.A. manufactures and supplies carbon black, a powdered form of carbon that modifies the physical, electrical, and optical properties of materials. The company operates in two segments: Specialty Carbon Black and Rubber Carbon Black. Its Specialty segment provides additives used in polymers, coatings, printing inks, and batteries. Its Rubber segment produces reinforcing agents and additives used in tires and mechanical rubber goods such as hoses, belts, and molded components. Orion serves industrial clients across the automotive, packaging, construction, consumer goods, energy distribution, and battery manufacturing sectors.
The company employs approximately 1,639 people and operates 14 wholly owned production facilities across Europe, North America, South America, South Africa, and Asia, plus a jointly owned facility in Germany. It maintains an innovation center in Cologne, Germany, along with technical laboratories in the United States, China, and South Korea, and offices in several countries. Orion's registered headquarters is located in Senningerberg, Luxembourg, with its principal executive office situated in Spring, Texas.
Summary of the business section of Orion's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Orion S.A.
- Founded
- 2014
- Headquarters
- Spring, TX
- Address
- 1700 City Plaza Drive, Suite 300 77389
- Phone
- (281) 381-2959
- Website
- orioncarbons.com
- Employees
- 1,650, Dec 31, 2023
- Industry
- Miscellaneous Chemical Products
- Fiscal year ends
- December 31
- Auditor
- Ernst & Young LLP, Houston, TX
Stock & identifiers
- Ticker
- OEC
- Former tickers
- OCE until Mar 23, 2020
- Exchange
- NYSE
- IPO date
- Jul 25, 2014
- Shares outstanding
- 57M, Jul 31, 2026
- Public float
- $590.00M, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1609804
- CUSIP
- L72967109
- FIGI
- BBG006MC4LP7
- Share class FIGI
- BBG006MC4LQ6
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Corning F. Painter | Chief Executive Officer, Director | 1,303,043 |
| Jonathan A. Puckett | Chief Financial Officer | 90,726 |
| Carlos Quinones | Sr. VP Global Operations | 112,710 |
| Sandra Niewiem | Sr. VP Global Specialties | 51,467 |
| Pedro Riveros | Sr. VP Global Rubber | 78,888 |
| Jeffrey Glajch | Chief Financial Officer | 118,022 |
| Jacqueline Hoogerbrugge | Director | 32,085 |
| Mary A. Lindsey | Director | 75,039 |
| Didier Miraton | Director | 73,357 |
| Kerry A. Galvin | Director | 84,753 |
| Paul E. Huck | Director | 103,357 |
| Dan F. Smith | Director | 110,857 |
| Yi Hyon Paik | Director | 65,039 |
| Michel Wurth | Director | 45,889 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $3.49M | -$221.08K | $769.95K | $32 | $116 |
| FY2024 | $4.56M | -$5.74M | $961.87K | $93 | $121 |
| FY2023 | $7.59M | $17.18M | $1.21M | $163 | $119 |
| FY2022 | $4.69M | $7.14M | $840.82K | $105 | $107 |
| FY2021 | $5.90M | $4.78M | $824.24K | $107 | $126 |
| FY2020 | $2.88M | $2.73M | $622.17K | $132 | $123 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Bonus | Stock awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|---|
| Corning Painter Chief Executive Officer | $1.14M | – | $1.73M | $598.50K | $17.82K | $3.49M | -23% |
| Jon Puckett Chief Financial Officer from December 1, 2025 | $38.46K | $70.00K | $258.86K | – | $51.79K | $419.11K | – |
| Jeff Glajch Former Chief Financial Officer until November 30, 2025 | $506.67K | – | $330.04K | $172.90K | $17.82K | $1.03M | -9% |
| Sandra Niewiem SVP, Global Specialty Carbon Black and EMEA Region | $437.46K | – | $173.38K | $137.80K | $104.66K | $853.30K | -8% |
| Pedro Riveros SVP, Global Rubber Carbon Black and Americas Region | $449.83K | – | $195.34K | $141.70K | $17.82K | $804.68K | -17% |
| Carlos Quinones SVP, Global Operations | $415.86K | – | $180.59K | $130.99K | $17.82K | $745.26K | -10% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
IPO
From the final prospectus (Form 424B4) and the first day of trading
Offering
- Type
- Initial public offering
- Final prospectus filed
- Jul 25, 2014
- Exchange
- NYSE
- First trading day
- Jul 25, 2014
- First-day close
- $17.75
- Lock-up ends (est.)
- Jan 21, 2015
Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.
Employees
Headcount reported in annual reports
“Orion is made up of approximately 1,650 employees with four innovation centers and 14 wholly owned plants worldwide producing carbon black.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| May 30, 2023 | Name change | Name changed from Orion Engineered Carbons S.A. to Orion S.A. |
| Feb 19, 2021 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Jul 25, 2014 | IPO | Initial public offering priced (424B4 prospectus) |
| Jul 25, 2014 | Name change | Name changed from Orion Engineered Carbons S.a r.l. to Orion Engineered Carbons S.A. |
| Jul 22, 2014 | Listing | Registration of securities on an exchange (Form 8-A) |
See a number that looks wrong?