On May 5, 2025, Ashland Inc. reported that J. Kevin Willis will resign as CFO effective May 16, 2025, and William C. Whitaker will be appointed as Interim CFO starting May 6, 2025, with a base salary of $354,432 and an equity grant valued at $130,000. Samuel A. Richardson was also appointed as Principal Accounting Officer with a base salary of $330,000 and the same equity grant as Whitaker.