secwatch.observer — SEC 8-K summary
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Issuer:     Liberty Energy Inc. (LBRT)
CIK:        0001694028
Form:       8-K
Filed at:   2024-11-19T23:59:59+00:00
Accession:  0001694028-24-000124
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

CEO Christopher Wright nominated as Energy Secretary; Board appoints Kimble Chairman, Gusek CEO
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- President-elect Trump announced appointment of CEO/Founder Chris Wright as Secretary of Energy, pending Senate confirmation.
- Wright resigns as CEO and Chairman effective upon confirmation; continues in roles during confirmation process.
- Board appoints William Kimble (Lead Director since 2018) as non-executive Chairman.
- Board appoints President Ron Gusek as CEO; Gusek has served as President since 2016.
- Succession is subject to Senate confirmation of Wright; no disagreement cited.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1694028/000169402824000124/0001694028-24-000124-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1694028/000169402824000124/lbrt-20241119.htm
  HTML page:      https://secwatch.observer/filing/0001694028-24-000124

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer