8-K
filed November 24, 2023, 6:59 PM ET
CIK 0000748790
leadership
confidence high
sentiment neutral
materiality 0.70
Global Clean Energy Holdings CFO resigns, Wade Adkins appointed; annual meeting votes passed
Global Clean Energy Holdings, Inc.
- CFO Nikhil Vasa resigns effective Dec 1, 2023; Wade Adkins (SVP & CAO) appointed CFO.
- Adkins base salary $355K; eligible for equity and incentive programs.
- Incentive plan for 2023: max awards $142K (Adkins) and $675K (Verleun); 2024: $426K and $900K, tied to operational milestones.
- Annual meeting approved all directors and proposals; two directors (Iezzoni, Wood) had high withhold votes but elected.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Wade Adkins was appointed as Chief Financial Officer at Global Clean Energy Holdings, Inc..
- Action
- appointed
- Role
- Chief Financial Officer
Exact text from the filing
On November 17, 2023, the Board appointed Wade Adkins to serve as the Company’s Chief Financial Officer, effective on December 1, 2023, to succeed Mr. Vasa.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Nikhil Vasa resigned as Executive Vice President and Chief Financial Officer at Global Clean Energy Holdings, Inc..
- Action
- resigned
- Role
- Executive Vice President and Chief Financial Officer
Exact text from the filing
On November 17, 2023, Nikhil Vasa, the Executive Vice President and Chief Financial Officer of Global Clean Energy Holdings, Inc. (the “Company”) notified the Board of Directors of the Company (the “Board”) of his resignation, effective on December 1, 2023.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
Global Clean Energy Holdings, Inc. shareholders approved Election of seven directors to serve until the 2024 Annual Meeting, or until their successors are duly elected and qualified. at the 2023-11-17 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-11-17
Exact text from the filing
Proposal 1 : Election of seven directors to serve until the 2024 Annual Meeting, or until their successors are duly elected and qualified. Director Nominee For Withhold Broker Non-Votes David R. Walker 26,188,889 160,586 6,578,315 Richard Palmer 25,302,576 1,046,899 6,578,315 Susan Anhalt 26,142,987 206,488 6,578,315 Phyllis E. Currie 26,142,987 206,488 6,578,315 Timothy J. Iezzoni 9,122,443 17,227,032 6,578,315 Martin Wenzel 26,191,601 157,874 6,578,315 Amy K. Wood 9,156,162 17,193,313 6,578,315
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
Global Clean Energy Holdings, Inc. shareholders approved To approve, by a non-binding advisory vote, the compensation of our named executive officers. at the 2023-11-17 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-11-17
Exact text from the filing
Proposal 3 : To approve, by a non-binding advisory vote, the compensation of our named executive officers. For Against Abstain Broker Non-Votes 25,223,252 1,028,835 97,388 6,578,315
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
Global Clean Energy Holdings, Inc. shareholders approved To approve an amendment to the Company’s 2020 Equity Incentive Plan. at the 2023-11-17 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2023-11-17
Exact text from the filing
Proposal 2 : To approve an amendment to the Company’s 2020 Equity Incentive Plan. For Against Abstain Broker Non-Votes 25,982,826 271,576 95,073 6,578,315
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
Global Clean Energy Holdings, Inc. shareholders approved To ratify the appointment of Grant Thornton LLP as out independent registered public accounting firm for the Company’s fiscal year ending December 31, 2023. at the 2023-11-17 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-11-17
Exact text from the filing
Proposal 4 : To ratify the appointment of Grant Thornton LLP as out independent registered public accounting firm for the Company’s fiscal year ending December 31, 2023. For Against Abstain Broker Non-Votes 32,766,076 3,999 157,715 0
View on SEC.gov
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