8-K filed March 20, 2025, 7:59 PM ET ticker TXO CIK 0001559432

leadership confidence high sentiment neutral materiality 0.65

TXO CEO Bob R. Simpson resigns as CEO effective April 1; remains Chairman; co-CEOs appointed

TXO Partners, L.P.

Bob R. Simpson resigns as CEO of TXO Partners GP, LLC effective Apr 1, 2025; stays as Chairman of the Board.
Brent W. Clum (President of Business Ops & CFO) and Gary D. Simpson (President of Production & Dev) appointed Co-CEOs effective Apr 1.
Gary D. Simpson also appointed to the Board effective Apr 1; he is Bob R. Simpson's nephew.
Neither Clum nor Simpson receives additional compensation for the CEO roles; adjustments not yet determined.
Gary D. Simpson will serve as principal executive officer; Clum continues as CFO.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Brent W. Clum

Co-Chief Executive Officer

TXO · TXO Partners, L.P.

Effective: 2025-04-01
Filed: March 20, 2025, 7:59 PM ET

On March 19, 2025, in connection with the resignation of Bob R. Simpson, the Board appointed Brent W. Clum and Gary D. Simpson to serve as Co-Chief Executive Officers, effective April 1, 2025.

Appointed

Gary D. Simpson

Co-Chief Executive Officer

TXO · TXO Partners, L.P.

Effective: 2025-04-01
Filed: March 20, 2025, 7:59 PM ET

On March 19, 2025, in connection with the resignation of Bob R. Simpson, the Board appointed Brent W. Clum and Gary D. Simpson to serve as Co-Chief Executive Officers, effective April 1, 2025.

Appointed

Gary D. Simpson

Director

TXO · TXO Partners, L.P.

Effective: 2025-04-01
Filed: March 20, 2025, 7:59 PM ET

On March 19, 2025, the Board appointed Gary D. Simpson to serve as a member of the Board of the General Partner, effective April 1, 2025.

Role change

Bob R. Simpson

Chief Executive Officer

TXO · TXO Partners, L.P.

Effective: 2025-04-01
Successor: Brent W. Clum, Gary D. Simpson
Filed: March 20, 2025, 7:59 PM ET

On March 19, 2025, Bob R. Simpson resigned from his position as Chief Executive Officer of TXO Partners GP, LLC (the “General Partner”), the general partner of TXO Partners, L.P. (the “Partnership”), effective April 1, 2025.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Brent W. Clum was appointed as Co-Chief Executive Officer at TXO Partners, L.P..

Action: appointed
Role: Co-Chief Executive Officer

Exact text from the filing

On March 19, 2025, in connection with the resignation of Bob R. Simpson, the Board appointed Brent W. Clum and Gary D. Simpson to serve as Co-Chief Executive Officers, effective April 1, 2025.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Gary D. Simpson was appointed as Co-Chief Executive Officer at TXO Partners, L.P..

Action: appointed
Role: Co-Chief Executive Officer

Exact text from the filing

On March 19, 2025, in connection with the resignation of Bob R. Simpson, the Board appointed Brent W. Clum and Gary D. Simpson to serve as Co-Chief Executive Officers, effective April 1, 2025.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Gary D. Simpson was appointed as Director at TXO Partners, L.P..

Action: appointed
Role: Director

Exact text from the filing

On March 19, 2025, the Board appointed Gary D. Simpson to serve as a member of the Board of the General Partner, effective April 1, 2025.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Bob R. Simpson resigned as Chief Executive Officer at TXO Partners, L.P..

Action: resigned
Role: Chief Executive Officer

Exact text from the filing

On March 19, 2025, Bob R. Simpson resigned from his position as Chief Executive Officer of TXO Partners GP, LLC (the “General Partner”), the general partner of TXO Partners, L.P. (the “Partnership”), effective April 1, 2025.

View on SEC.gov

TXO Partners, L.P. filing history →

Source: SEC EDGAR

accession 0001559432-25-000038

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