---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-080042"
form_type: "8-K"
ticker: "VST"
cik: "0001692819"
company_name: "Vistra Corp."
filed_at: "2022-03-21T23:59:59+00:00"
generated_at: "2026-06-26T21:25:48.779887+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Vistra CEO Curt Morgan to step down Aug 1; Jim Burke named successor

## Summary
- CEO Curt Morgan to transition from company effective Aug 1, 2022; will serve as special advisor through Apr 2023, paid $50k/month.
- President and CFO Jim Burke appointed CEO effective Aug 1; will also join the board of directors.
- Burke's new employment: base salary $1.2M, target bonus 125%, PSU grant $1.25M, RSU grant $0.75M.
- Vistra to name Burke's replacement as CFO prior to Aug 1.
- Transition is part of formal succession planning; no dispute with Morgan.

## SEC filing metadata
- accession: 0001193125-22-080042
- form_type: 8-K
- ticker: VST
- cik: 0001692819
- company_name: Vistra Corp.
- filed_at: 2022-03-21T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1692819/000119312522080042/0001193125-22-080042-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1692819/000119312522080042/d338148d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-080042
- JSON: https://secwatch.observer/filing/0001193125-22-080042.json
- Plain text: https://secwatch.observer/filing/0001193125-22-080042.txt

## Key facts
- Executive change
  Jim Burke was appointed as Director at Vistra Corp..
  - Action: appointed
  - Role: Director
  source text: it is anticipated that Mr. Burke will be appointed to the Board to serve the remainder of Mr. Morgan’s term as a director until the Company’s 2023 annual meeting of stockholders.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1692819/000119312522080042/0001193125-22-080042-index.htm
- Executive change
  Curtis A. Morgan changed role as Chief Executive Officer at Vistra Corp..
  - Action: transition
  - Role: Chief Executive Officer
  source text: On March 19, 2022, Curtis A. Morgan, currently the Chief Executive Officer and a member of the board of directors (the “ Board ”) of Vistra Corp. (the “ Company ”), notified the Company of his intention to transition from the Company effective August 1, 2022 (the “ Effective Date ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1692819/000119312522080042/0001193125-22-080042-index.htm
- Executive change
  Curtis A. Morgan changed role as Director at Vistra Corp..
  - Action: transition
  - Role: Director
  source text: Mr. Morgan will continue to serve as the Company’s Chief Executive Officer until his departure and will seek re-election to the Company’s Board at the 2022 annual meeting of stockholders and, if elected, will serve in such capacity until his transition from the Company on the Effective Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1692819/000119312522080042/0001193125-22-080042-index.htm
- Executive change
  Jim Burke was appointed as President and Chief Executive Officer at Vistra Corp..
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: On March 19, 2022, the Board appointed Jim Burke to succeed Mr. Morgan as Chief Executive Officer of the Company effective on the Effective Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1692819/000119312522080042/0001193125-22-080042-index.htm

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