Vertex Energy appoints Joshua Foster as Chief Commercial Officer; Doug Haugh resigns, remains senior advisor

Vertex Energy Inc.

Doug Haugh resigned as CCO and Interim COO effective September 5, 2024; will serve as senior corporate advisor through 2024.
Joshua Foster appointed Chief Commercial Officer; CEO Benjamin Cowart assumes interim COO duties.
Foster's employment agreement: 3-year term through Sept 2027, base salary $335,000/year, $750/month auto allowance.
Foster previously served as Refining Director since Feb 2024; background includes Delta Air Lines and Epic Fuels roles.
No financial guidance or earnings information provided; management transition is the sole material event.

item 5.02 item 7.01 item 9.01

Executive movements

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

Departed

Douglas S. Haugh

Chief Commercial Officer and Interim Chief Operating Officer

Vertex Energy Inc.

Effective: 2024-09-05
Successor: Joshua D. Foster
Filed: September 6, 2024, 7:59 PM ET

On August 30, 2024, and effective on September 5, 2024, Mr. Douglas S. Haugh resigned as Chief Commercial Officer and Interim Chief Operating Officer of Vertex Energy, Inc.

Appointed

Joshua D. Foster

Chief Commercial Officer

Vertex Energy Inc.

Effective: 2024-09-05
Filed: September 6, 2024, 7:59 PM ET

On September 5, 2024, and effective on September 5, 2024, the Board of Directors appointed Mr. Joshua D. Foster as Chief Commercial Officer to fill the vacancy left by Mr. Haugh’s resignation.

Role change

Benjamin P. Cowart

Chief Executive Officer

Vertex Energy Inc.

Effective: 2024-09-05
Filed: September 6, 2024, 7:59 PM ET

Additionally, the Company’s Chief Executive Officer, Benjamin P. Cowart, is assuming the duties of Chief Operating Officer of the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Douglas S. Haugh resigned as Chief Commercial Officer and Interim Chief Operating Officer at Vertex Energy Inc..

Action: resigned
Role: Chief Commercial Officer and Interim Chief Operating Officer

Exact text from the filing

On August 30, 2024, and effective on September 5, 2024, Mr. Douglas S. Haugh resigned as Chief Commercial Officer and Interim Chief Operating Officer of Vertex Energy, Inc.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Joshua D. Foster was appointed as Chief Commercial Officer at Vertex Energy Inc..

Action: appointed
Role: Chief Commercial Officer

Exact text from the filing

On September 5, 2024, and effective on September 5, 2024, the Board of Directors appointed Mr. Joshua D. Foster as Chief Commercial Officer to fill the vacancy left by Mr. Haugh’s resignation.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Benjamin P. Cowart changed role as Chief Executive Officer at Vertex Energy Inc..

Action: assuming duties of Chief Operating Officer
Role: Chief Executive Officer

Exact text from the filing

Additionally, the Company’s Chief Executive Officer, Benjamin P. Cowart, is assuming the duties of Chief Operating Officer of the Company.

View on SEC.gov

Source: SEC EDGAR

accession 0001839882-24-028533

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