---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-24-017304"
form_type: "8-K"
ticker: "MUR"
cik: "0000717423"
company_name: "MURPHY OIL CORP"
filed_at: "2024-12-05T23:59:59+00:00"
generated_at: "2026-05-29T07:44:54.528299+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Murphy Oil announces CEO retirement, Eric Hambly to become President & CEO Jan 1, 2025

## Summary
- Roger Jenkins retires as CEO Dec 31, 2024; stays as non-executive employee through Dec 31, 2025.
- Eric Hambly promoted to President & CEO and Board member effective Jan 1, 2025.
- Hambly's salary set at $950,000; target bonus 125% of base; annual LTI target $5.4M (75% PSUs, 25% RSUs).
- Hambly's Severance Protection Agreement recommences Jan 1, 2025.

## SEC filing metadata
- accession: 0000950103-24-017304
- form_type: 8-K
- ticker: MUR
- cik: 0000717423
- company_name: MURPHY OIL CORP
- filed_at: 2024-12-05T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/717423/000095010324017304/0000950103-24-017304-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/717423/000095010324017304/dp221633_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-24-017304
- JSON: https://secwatch.observer/filing/0000950103-24-017304.json
- Plain text: https://secwatch.observer/filing/0000950103-24-017304.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.