leadership
confidence high
sentiment neutral
materiality 0.40
Joseph Israel resigns as Par Pacific director and Par Petroleum CEO; internal appointments named
PAR PACIFIC HOLDINGS, INC.
- Joseph Israel resigned as director of Par Pacific Holdings and President/CEO of Par Petroleum LLC, effective Jan 18, 2022; no disagreement cited.
- Severance includes $276,000 cash incentive, accelerated equity vesting, and severance per corporate plan.
- James Matthew Vaughn appointed EVP of Retail; previously SVP and Chief Administrative Officer.
- Jeffrey R. Hollis appointed VP, General Counsel and Secretary; previously VP, Associate General Counsel and Secretary.