---
schema_version: "secwatch.filing_event.v1"
accession: "0001171200-23-000178"
form_type: "8-K"
ticker: "BNO"
cik: "0001472494"
company_name: "United States Brent Oil Fund, LP"
filed_at: "2023-04-03T23:59:59+00:00"
generated_at: "2026-06-17T06:54:58.112989+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# BNO general partner USCF appoints Crumbaugh and Rooney as management directors; Gerber and Ngim resign

## Summary
- Nicholas D. Gerber and Andrew F Ngim resigned as management directors of USCF, effective April 1, 2023.
- Stuart P. Crumbaugh (CFO of USCF) and Kathryn D. Rooney (CMO of USCF) appointed as management directors, effective April 1, 2023.
- Ngim continues as COO of USCF and portfolio manager for Copper Index Fund and Commodity Index Fund.
- Crumbaugh also serves as CFO of parent The Marygold Companies; Rooney also on Marygold board.

## SEC filing metadata
- accession: 0001171200-23-000178
- form_type: 8-K
- ticker: BNO
- cik: 0001472494
- company_name: United States Brent Oil Fund, LP
- filed_at: 2023-04-03T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1472494/000117120023000178/0001171200-23-000178-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1472494/000117120023000178/i23162_bno-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171200-23-000178
- JSON: https://secwatch.observer/filing/0001171200-23-000178.json
- Plain text: https://secwatch.observer/filing/0001171200-23-000178.txt

## Key facts
- Executive change
  Stuart P. Crumbaugh was appointed as Management Director at United States Brent Oil Fund, LP.
  - Action: appointed
  - Role: Management Director
  source text: On April 1, 2023, each of Mr. Stuart P. Crumbaugh and Ms. Kathryn D. Rooney was appointed as a Management Director of USCF, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1472494/000117120023000178/0001171200-23-000178-index.htm
- Executive change
  Nicholas D. Gerber resigned as Management Director at United States Brent Oil Fund, LP.
  - Action: resigned
  - Role: Management Director
  source text: On April 1, 2023, each of Messrs. Nicholas D. Gerber and Andrew F Ngim tendered his resignation as a Management Director of the United States Commodity Funds LLC (“USCF”), which is the general partner of the United States Brent Oil Fund, LP (the “Registrant”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1472494/000117120023000178/0001171200-23-000178-index.htm
- Executive change
  Kathryn D. Rooney was appointed as Management Director at United States Brent Oil Fund, LP.
  - Action: appointed
  - Role: Management Director
  source text: On April 1, 2023, each of Mr. Stuart P. Crumbaugh and Ms. Kathryn D. Rooney was appointed as a Management Director of USCF, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1472494/000117120023000178/0001171200-23-000178-index.htm
- Executive change
  Andrew F Ngim resigned as Management Director at United States Brent Oil Fund, LP.
  - Action: resigned
  - Role: Management Director
  source text: On April 1, 2023, each of Messrs. Nicholas D. Gerber and Andrew F Ngim tendered his resignation as a Management Director of the United States Commodity Funds LLC (“USCF”), which is the general partner of the United States Brent Oil Fund, LP (the “Registrant”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1472494/000117120023000178/0001171200-23-000178-index.htm

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