CEO R. Andrew Clyde to retire Dec 31, 2025; Mindy West becomes CEO Jan 1, 2026

Murphy USA Inc.

R. Andrew Clyde retires as CEO and Board member effective Dec 31, 2025.
Mindy K. West, President and COO, becomes CEO and Board member effective Jan 1, 2026.
West entered a Severance Protection Agreement on Dec 11, providing 2x salary+target bonus and 24-month benefits after a change-in-control termination.
Clyde signed a Transition Agreement: full-time employee through Feb 28, 2026, then advisor through Feb 28, 2027, with continued base salary.
Both agreements include non-competition and non-solicitation restrictions (12 months for West, 18 months for Clyde).

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