secwatch.observer — SEC 8-K summary
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Issuer:     KIRBY CORP (KEX)
CIK:        0000056047
Form:       8-K
Filed at:   2021-10-04T23:59:59+00:00
Accession:  0000950170-21-002006
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/56047/000095017021002006/0000950170-21-002006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/56047/000095017021002006/kex-20211004.htm
  HTML page:      https://secwatch.observer/filing/0000950170-21-002006

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