---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-005916"
form_type: "8-K"
ticker: "PARR"
cik: "0000821483"
company_name: "PAR PACIFIC HOLDINGS, INC."
filed_at: "2024-02-28T23:59:59+00:00"
generated_at: "2026-06-05T09:55:07.710649+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Par Pacific CEO William Pate to retire; President Will Monteleone named CEO

## Summary
- William Pate will retire as CEO effective April 30, 2024; he will remain on the Board.
- Will Monteleone, currently President, appointed CEO; he has been with Par Pacific over a decade.
- Monteleone's base salary increases to $750,000/yr; target bonus 100% of salary, LTIP 300%.
- Monteleone receives one-time option grant of 350,000 shares vesting in 5 years.
- Pate's unvested restricted stock and PRSU awards will accelerate and vest on retirement.

## SEC filing metadata
- accession: 0001437749-24-005916
- form_type: 8-K
- ticker: PARR
- cik: 0000821483
- company_name: PAR PACIFIC HOLDINGS, INC.
- filed_at: 2024-02-28T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/821483/000143774924005916/0001437749-24-005916-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/821483/000143774924005916/parr20240228_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-005916
- JSON: https://secwatch.observer/filing/0001437749-24-005916.json
- Plain text: https://secwatch.observer/filing/0001437749-24-005916.txt

## Key facts
- Executive change
  William Pate retired as Chief Executive Officer at PAR PACIFIC HOLDINGS, INC..
  - Action: retired
  - Role: Chief Executive Officer
  source text: On February 23, 2024, William Pate announced his plans to retire as Chief Executive Officer of Par Pacific Holdings, Inc. (the “Company” or “Par Pacific”), effective as of April 30, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/821483/000143774924005916/0001437749-24-005916-index.htm
- Executive change
  William Monteleone was appointed as President and Chief Executive Officer at PAR PACIFIC HOLDINGS, INC..
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: On February 23, 2024, the Board of Directors of Par Pacific appointed William Monteleone to become the Company’s President and Chief Executive Officer, effective upon Mr. Pate’s retirement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/821483/000143774924005916/0001437749-24-005916-index.htm

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