CFO departs; Vlacich promoted to CFO, Schrenk to Senior EVP; reaffirms outlook

Target Hospitality Corp.

CFO Eric T. Kalamaras departs effective Jan 22, 2024; departure is mutual, not due to any disagreement with company or auditors.
Jason Vlacich promoted to CFO and CAO effective Jan 23; base salary $410k, 85% target bonus, $450k annual award, $150k RSU grant.
Troy Schrenk promoted to Senior EVP Operations & CCO; base salary $400k, $550k annual award.
Company reaffirms full year 2023 and preliminary 2024 financial outlook, as provided with $3.3B Pecos contract award in Dec 2023.
Both promotions align with recent transformational multi-year humanitarian contract; teams remain intact for seamless transition.

item 5.02 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Eric T. Kalamaras

Chief Financial Officer

TH · Target Hospitality Corp.

Effective: 2024-01-22
Successor: Jason Vlacich
Filed: January 23, 2024, 6:59 PM ET

mutually agreed that Mr. Kalamaras would depart effective as of January 22, 2024

Role change

Jason Vlacich

Chief Financial Officer and Chief Accounting Officer

TH · Target Hospitality Corp.

Effective: 2024-01-23
Filed: January 23, 2024, 6:59 PM ET

promoted Jason Vlacich, the Chief Accounting Officer of the Company, to the role of Chief Financial Officer and Chief Accounting Officer, effective as of January 23, 2024

Role change

Troy Schrenk

Senior Executive Vice President Operations and Chief Commercial Officer

TH · Target Hospitality Corp.

Effective: 2024-01-23
Filed: January 23, 2024, 6:59 PM ET

promoted Troy Schrenk, Chief Commercial Officer of the Company, to the role of Senior Executive Vice President Operations and Chief Commercial Officer, effective as of the Effective Date

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Eric T. Kalamaras departed as Chief Financial Officer at Target Hospitality Corp..

Action: departed
Role: Chief Financial Officer

Exact text from the filing

mutually agreed that Mr. Kalamaras would depart effective as of January 22, 2024

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Jason Vlacich changed role as Chief Financial Officer and Chief Accounting Officer at Target Hospitality Corp..

Action: promoted
Role: Chief Financial Officer and Chief Accounting Officer

Exact text from the filing

promoted Jason Vlacich, the Chief Accounting Officer of the Company, to the role of Chief Financial Officer and Chief Accounting Officer, effective as of January 23, 2024

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Troy Schrenk changed role as Senior Executive Vice President Operations and Chief Commercial Officer at Target Hospitality Corp..

Action: promoted
Role: Senior Executive Vice President Operations and Chief Commercial Officer

Exact text from the filing

promoted Troy Schrenk, Chief Commercial Officer of the Company, to the role of Senior Executive Vice President Operations and Chief Commercial Officer, effective as of the Effective Date

View on SEC.gov

Target Hospitality Corp. filing history →

Source: SEC EDGAR

accession 0001712189-24-000003

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.