---
schema_version: "secwatch.filing_event.v1"
accession: "0001694028-25-000029"
form_type: "8-K"
ticker: "LBRT"
cik: "0001694028"
company_name: "Liberty Energy Inc."
filed_at: "2025-01-22T23:59:59+00:00"
generated_at: "2026-05-27T19:48:18.691472+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Liberty Energy expands board, appoints Arjun Murti and conditionally appoints Ron Gusek as CEO

## Summary
- Board increased from 9 to 10 directors; Arjun Murti appointed as Class I director effective Jan 22, 2025.
- Ron Gusek conditionally appointed to Board and as CEO successor, contingent on Chris Wright's Senate confirmation as Energy Secretary.
- Upon confirmation, Wright's 233,025 time-based and 500,572 performance-based RSUs will vest immediately.
- Gusek's CEO compensation: base salary $603,580, target cash incentive ~$898,160, and RSU grant value ~$3,019,000.

## SEC filing metadata
- accession: 0001694028-25-000029
- form_type: 8-K
- ticker: LBRT
- cik: 0001694028
- company_name: Liberty Energy Inc.
- filed_at: 2025-01-22T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1694028/000169402825000029/0001694028-25-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1694028/000169402825000029/lbrt-20250115.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001694028-25-000029
- JSON: https://secwatch.observer/filing/0001694028-25-000029.json
- Plain text: https://secwatch.observer/filing/0001694028-25-000029.txt

## Key facts
- Executive change
  Ron Gusek was appointed as Chief Executive Officer at Liberty Energy Inc..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: the Board conditionally appointed Mr. Ron Gusek, named successor to the Chief Executive Officer of the Company, as a Class II director
  evidence_url: https://www.sec.gov/Archives/edgar/data/1694028/000169402825000029/0001694028-25-000029-index.htm
- Executive change
  Arjun Murti was appointed as Class I Director at Liberty Energy Inc..
  - Action: appointed
  - Role: Class I Director
  source text: On January 22, 2025, the Board of Directors (the “Board”) of Liberty Energy Inc. (the “Company”) approved an increase to the size of the Board from nine directors to 10 directors and appointed Mr. Arjun Murti to fill the newly created vacancy.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1694028/000169402825000029/0001694028-25-000029-index.htm
- Executive change
  Ron Gusek was appointed as Class II Director at Liberty Energy Inc..
  - Action: appointed
  - Role: Class II Director
  source text: the Board conditionally appointed Mr. Ron Gusek, named successor to the Chief Executive Officer of the Company, as a Class II director with an initial term expiring at the 2027 annual meeting of stockholders.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1694028/000169402825000029/0001694028-25-000029-index.htm
- Executive change
  Chris Wright resigned as Chairman of the Board, Director, and CEO at Liberty Energy Inc..
  - Action: resigned
  - Role: Chairman of the Board, Director, and CEO
  source text: the previously disclosed resignation of Mr. Chris Wright as Chairman of the Board, Director, and CEO of the Company subject to his ratification and confirmation (the “Confirmation Condition”) by the United States Senate to serve as the incoming Secretary of Energy of the United States.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1694028/000169402825000029/0001694028-25-000029-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
