---
schema_version: "secwatch.filing_event.v1"
accession: "0001171200-23-000183"
form_type: "8-K"
ticker: "USL"
cik: "0001405528"
company_name: "United States 12 Month Oil Fund, LP"
filed_at: "2023-04-03T23:59:59+00:00"
generated_at: "2026-06-17T06:53:38.361640+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# United States 12 Month Oil Fund LP announces departure and appointment of two Management Directors

## Summary
- Nicholas D. Gerber and Andrew F Ngim resigned as Management Directors of USCF (general partner) effective April 1, 2023.
- Ngim continues as COO of USCF and portfolio manager for certain funds; Gerber's departure not further detailed.
- Stuart P. Crumbaugh (CFO) and Kathryn D. Rooney (CMO) appointed as new Management Directors effective immediately.
- No arrangements or understandings regarding selection of new directors per filing.

## SEC filing metadata
- accession: 0001171200-23-000183
- form_type: 8-K
- ticker: USL
- cik: 0001405528
- company_name: United States 12 Month Oil Fund, LP
- filed_at: 2023-04-03T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1405528/000117120023000183/0001171200-23-000183-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1405528/000117120023000183/i23167_usl-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171200-23-000183
- JSON: https://secwatch.observer/filing/0001171200-23-000183.json
- Plain text: https://secwatch.observer/filing/0001171200-23-000183.txt

## Key facts
- Executive change
  Andrew F Ngim resigned as Management Director at United States 12 Month 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”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1405528/000117120023000183/0001171200-23-000183-index.htm
- Executive change
  Stuart P. Crumbaugh was appointed as Management Director at United States 12 Month 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/1405528/000117120023000183/0001171200-23-000183-index.htm
- Executive change
  Kathryn D. Rooney was appointed as Management Director at United States 12 Month 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/1405528/000117120023000183/0001171200-23-000183-index.htm
- Executive change
  Nicholas D. Gerber resigned as Management Director at United States 12 Month 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”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1405528/000117120023000183/0001171200-23-000183-index.htm

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