Kirby names Raj Kumar as Executive VP and CFO, succeeding retiring Bill Harvey

KIRBY CORP

Raj Kumar will join in November 2021 as Executive VP and CFO, succeeding Bill Harvey who retires in early 2022.
Kumar's base salary set at $500,000/year, target annual incentive 70% of salary, long-term target $800,000.
Kumar receives sign-on restricted stock unit award of $1,000,000, vesting over two years.
Bill Harvey remains Executive VP until retirement in early 2022 to ensure smooth transition.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Raj Kumar

Executive Vice President and Chief Financial Officer

KEX · KIRBY CORP

Filed: October 4, 2021, 7:59 PM ET

Raj Kumar will be joining the Company as Executive Vice President and Chief Financial Officer effective November 2021 (date to be determined)

Departed

William G. Harvey

Chief Financial Officer

KEX · KIRBY CORP

Successor: Raj Kumar
Filed: October 4, 2021, 7:59 PM ET

Mr. Harvey will relinquish his title of Chief Financial Officer but will remain an Executive Vice President of the Company until his retirement date in early 2022

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Raj Kumar was appointed as Executive Vice President and Chief Financial Officer at KIRBY CORP.

Action: appointed
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

Raj Kumar will be joining the Company as Executive Vice President and Chief Financial Officer effective November 2021 (date to be determined)

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

William G. Harvey retired as Chief Financial Officer at KIRBY CORP.

Action: retired
Role: Chief Financial Officer

Exact text from the filing

Mr. Harvey will relinquish his title of Chief Financial Officer but will remain an Executive Vice President of the Company until his retirement date in early 2022

View on SEC.gov

KIRBY CORP filing history →

Source: SEC EDGAR

accession 0000950170-21-002006

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