Intrepid Potash appoints Gonzalo Avendano to board, enters cooperation agreement with Clearway Capital

Intrepid Potash, Inc.

Board expands from 7 to 8; Avendano appointed as independent Class I director effective Jan 14, 2025.
Avendano has 30+ years in finance/wealth management; currently investment advisor at Clearway Capital Management.
Cooperation agreement with Clearway (owns 9.1% of IPI) includes standstill, voting commitments, no proxy contest through 2026.
Avendano also joins Audit, Compensation, Nominating/Governance, and EHSS committees.

item 1.01 item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Gonzalo Avendano

Director

IPI · Intrepid Potash, Inc.

Effective: 2025-01-14
Filed: January 15, 2025, 6:59 PM ET

the Board appointed Gonzalo Avendano as an additional independent director to fill the vacancy created by the expansion of the Board and to serve as a Class I director of the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Gonzalo Avendano was appointed as Director at Intrepid Potash, Inc..

Action: appointed
Role: Director

Exact text from the filing

the Board appointed Gonzalo Avendano as an additional independent director to fill the vacancy created by the expansion of the Board and to serve as a Class I director of the Company.

View on SEC.gov

Intrepid Potash, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-25-003621

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