8-K
filed February 15, 2023, 6:59 PM ET
ticker DINO
CIK 0001915657
leadership
confidence high
sentiment neutral
materiality 0.60
HF Sinclair names Tim Go CEO effective May 9, 2023, succeeding retiring Michael Jennings
HF Sinclair Corp
- Tim Go promoted to CEO and President effective May 9, 2023; he previously served as COO.
- Michael Jennings retires as CEO on May 8, 2023, then EVP Corporate until Nov 9, 2023, then consultant through Feb 9, 2024.
- Go's base salary raised to $1.1M, annual incentive target to 150% of salary, LTI grant of $3.75M.
- Jennings gets $100k/month as EVP, $1.2M prorated bonus, $50k/month consultant retainer.
- Jennings will not stand for re-election to board; board size decreases to 12.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 1.0
Tim Go was appointed as Chief Executive Officer and President at HF Sinclair Corp.
- Action
- promoted
- Role
- Chief Executive Officer and President
Exact text from the filing
the Board of Directors (the “ Board ”) of HF Sinclair Corporation (the “ Corporation ”) promoted Tim Go to the position of Chief Executive Officer and President of the Corporation, effective May 9, 2023.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Tim Go was appointed as Director at HF Sinclair Corp.
- Action
- appointed
- Role
- Director
Exact text from the filing
Effective February 16, 2023, the Board increased the size of the Board by one to thirteen, appointed Mr. Go as a non-independent director to the Board
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Michael C. Jennings departed as Chief Executive Officer at HF Sinclair Corp.
- Action
- retire
- Role
- Chief Executive Officer
Exact text from the filing
who notified the Corporation on February 14, 2023 that he will retire from the position of Chief Executive Officer, effective May 8, 2023.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Michael C. Jennings was appointed as Executive Vice President, Corporate at HF Sinclair Corp.
- Action
- appointed
- Role
- Executive Vice President, Corporate
Exact text from the filing
the Board appointed Mr. Jennings to the position of Executive Vice President, Corporate, of the Corporation, effective May 9, 2023.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Michael C. Jennings departed as Director at HF Sinclair Corp.
- Action
- not stand for re-election
- Role
- Director
Exact text from the filing
Mr. Jennings, who currently serves as a non-independent director on the Board, informed the Board and the Corporation on February 14, 2023 that he will not stand for re-election at the Corporation’s 2023 Annual Meeting of Stockholders, at which time Mr. Jennings’s term as director will expire
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.