--- schema_version: "secwatch.filing_event.v1" accession: "0001575872-23-001820" form_type: "8-K" ticker: null cik: "0000748790" company_name: "Global Clean Energy Holdings, Inc." filed_at: "2023-11-24T23:59:59+00:00" generated_at: "2026-06-07T22:00:55.197033+00:00" event_type: "leadership" sentiment: "neutral" materiality_score: 0.7 calibrated_materiality_score: 0.7 confidence: "high" source: SEC EDGAR --- # Global Clean Energy Holdings CFO resigns, Wade Adkins appointed; annual meeting votes passed ## Summary - 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. ## SEC filing metadata - accession: 0001575872-23-001820 - form_type: 8-K - cik: 0000748790 - company_name: Global Clean Energy Holdings, Inc. - filed_at: 2023-11-24T23:59:59+00:00 - event_type: leadership - sentiment: neutral - materiality_score: 0.7 - calibrated_materiality_score: 0.7 - confidence: high - sec_items: 5.02, 5.07 - EDGAR index: https://www.sec.gov/Archives/edgar/data/748790/000157587223001820/0001575872-23-001820-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/748790/000157587223001820/gceh-20231117.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001575872-23-001820 - JSON: https://secwatch.observer/filing/0001575872-23-001820.json - Plain text: https://secwatch.observer/filing/0001575872-23-001820.txt ## Key facts - Executive change Wade Adkins was appointed as Chief Financial Officer at Global Clean Energy Holdings, Inc.. - Action: appointed - Role: Chief Financial Officer source text: 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. evidence_url: https://www.sec.gov/Archives/edgar/data/748790/000157587223001820/0001575872-23-001820-index.htm - Executive change 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 source text: 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. evidence_url: https://www.sec.gov/Archives/edgar/data/748790/000157587223001820/0001575872-23-001820-index.htm - Shareholder Votes 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 source text: 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 evidence_url: https://www.sec.gov/Archives/edgar/data/748790/000157587223001820/0001575872-23-001820-index.htm - Shareholder Votes 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 source text: 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 evidence_url: https://www.sec.gov/Archives/edgar/data/748790/000157587223001820/0001575872-23-001820-index.htm - Shareholder Votes 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 source text: 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 evidence_url: https://www.sec.gov/Archives/edgar/data/748790/000157587223001820/0001575872-23-001820-index.htm - Shareholder Votes 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 source text: 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 evidence_url: https://www.sec.gov/Archives/edgar/data/748790/000157587223001820/0001575872-23-001820-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.