secwatch.observer — SEC 8-K summary
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Issuer:     Calumet Specialty Products Partners, L.P. (—)
CIK:        0001340122
Form:       8-K
Filed at:   2023-09-12T23:59:59+00:00
Accession:  0001340122-23-000090
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Calumet CFO Vince Donargo to retire April 2024; David Lunin appointed CFO Designate
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- Vince Donargo steps down as CFO on Dec 31, 2023, remains advisor until Apr 30, 2024 retirement.
- David Lunin appointed EVP and CFO Designate effective Sep 11, 2023; becomes CFO Jan 1, 2024.
- Lunin previously Managing Director at Goldman Sachs (Financial Institutions Group); base salary $475,000.
- Lunin eligible for annual bonus target 100% of salary and LTIP target 80% of salary; one-time grant of 20,000 phantom units.
- CEO cites Lunin's capital markets experience for deleveraging and potential monetization of Montana Renewables.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1340122/000134012223000090/0001340122-23-000090-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1340122/000134012223000090/clmt-20230907x8k.htm
  HTML page:      https://secwatch.observer/filing/0001340122-23-000090

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