---
schema_version: "secwatch.filing_event.v1"
accession: "0001712189-24-000003"
form_type: "8-K"
ticker: "TH"
cik: "0001712189"
company_name: "Target Hospitality Corp."
filed_at: "2024-01-23T23:59:59+00:00"
generated_at: "2026-06-06T20:07:34.886260+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001712189-24-000003
- form_type: 8-K
- ticker: TH
- cik: 0001712189
- company_name: Target Hospitality Corp.
- filed_at: 2024-01-23T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1712189/000171218924000003/0001712189-24-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1712189/000171218924000003/th8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001712189-24-000003
- JSON: https://secwatch.observer/filing/0001712189-24-000003.json
- Plain text: https://secwatch.observer/filing/0001712189-24-000003.txt

## Key facts
- Executive change
  Eric T. Kalamaras departed as Chief Financial Officer at Target Hospitality Corp..
  - Action: departed
  - Role: Chief Financial Officer
  source text: mutually agreed that Mr. Kalamaras would depart effective as of January 22, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1712189/000171218924000003/0001712189-24-000003-index.htm
- Executive change
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1712189/000171218924000003/0001712189-24-000003-index.htm
- Executive change
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1712189/000171218924000003/0001712189-24-000003-index.htm

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