leadership
confidence high
sentiment neutral
materiality 0.50
EVP Global Land Crosby resigns; aviation/marine EVP Rau to add Global Land duties
WORLD KINECT CORP
- Michael J. Crosby resigns as EVP – Global Land effective March 31, 2022; departure is personal, no disagreement.
- John P. Rau, EVP of Global Aviation and Marine, to assume Global Land duties starting April 1, 2022.
- Company enters consulting agreement with Crosby (Apr 2022 – Dec 2023) paying $28,000/month plus $5,000 for IT equipment.
- Crosby remains bound by prior confidentiality and non-competition agreement.