HF Sinclair Corp shareholders approved Election of Directors at the 2023-05-24 meeting.
“Proposal 1 (Election of Directors) : The stockholders elected all twelve (12) director nominees to serve until HF Sinclair’s annual meeting of stockholders in 2024, or until their earlier resignation, removal or death . Nominee For Against Abstain Broker Non-Votes Anne-Marie N. Ainsworth 163,998,452 1,721,900 104,133 12,880,930 Anna C. Catalano 160,744,403 4,930,108 149,974 12,880,930 Leldon E. Echols 158,519,518 7,191,022 113,945 12,880,930 Manuel J. Fernandez 163,309,381 2,410,292 104,812 12,880,930 Timothy Go 162,532,650 3,175,118 116,717 12,880,930 Rhoman J. Hardy 163,827,070 1,857,509 139,906 12,880,930 R. Craig Knocke 160,161,077 5,556,223 107,185 12,880,930 Robert J. Kostelnik 142,037,738 23,664,302 122,445 12,880,930 James H. Lee 159,117,115 6,593,150 114,220 12,880,930 Ross B. Matthews 161,902,367 3,778,771 143,347 12,880,930 Franklin Myers 156,447,700 9,107,626 269,159 12,880,930 Norman J. Szydlowski 160,086,665 5,603,977 133,843 12,880,930”
Earnings Releases
HF Sinclair Corp reported first quarter 2023 results: net income $353.3 million, EPS $1.79 per diluted share.
“HF Sinclair Corporation Reports 2023 First Quarter Results”
Material Agreements
HF Sinclair Corp entered into Stock Purchase Agreement with REH Company (formerly known as The Sinclair Companies) valued at aggregate purchase price of $99,999,988 (effective 2023-03-02).
“On March 2, 2023, HF Sinclair Corporation (the “Company”) entered into a Stock Purchase Agreement (the “Stock Purchase Agreement”) with REH Company (formerly known as The Sinclair Companies) (the “Selling Stockholder” or “REH Company”), pursuant to which the Company agreed to repurchase from the Selling Stockholder 1,969,279 shares of the Company’s outstanding common stock, par value $0.01 per share (the “Common Stock”) in a privately negotiated transaction.”
Earnings Releases
HF Sinclair Corp reported the fiscal year ended December 31, 2022 results: net income $2,922.7 million, EPS $14.28 per diluted share.
“Full-Year 2022 • Reported net income attributable to HF Sinclair stockholders of $2,922.7 million, or $14.28 per diluted share”
Earnings Releases
HF Sinclair Corp reported the quarter ended December 31, 2022 results: net income $587.0 million, EPS $2.92 per diluted share.
“HF Sinclair Corporation (NYSE:DINO) (“HF Sinclair” or the “Company”) today reported fourth quarter net income attributable to HF Sinclair stockholders of $587.0 million, or $2.92 per diluted share, for the quarter ended December 31, 2022”
Governance Changes
HF Sinclair Corp: Amended and restated by-laws to revise director nomination procedures, clarify meeting powers, update definitions, require officer resignations, adopt gender-neutral pronouns, and make administrative changes (effective 2023-02-15).
“On February 15, 2023, the Board of Directors of HF Sinclair Corporation (the “ Company ”) approved the Company’s Second Amended and Restated By-laws (the “ Amended and Restated By-laws ”), effective as of such date.”
Michael C. Jennings departed as Director at HF Sinclair Corp.
“Mr. Jennings, who currently serves as a non-independent director on the Board, informed the Board and the Corporation on February 14, 2023 that he will not stand for re-election at the Corporation’s 2023 Annual Meeting of Stockholders, at which time Mr. Jennings’s term as director will expire”
Michael C. Jennings was appointed as Executive Vice President, Corporate at HF Sinclair Corp.
“the Board appointed Mr. Jennings to the position of Executive Vice President, Corporate, of the Corporation, effective May 9, 2023.”
Michael C. Jennings departed as Chief Executive Officer at HF Sinclair Corp.
“who notified the Corporation on February 14, 2023 that he will retire from the position of Chief Executive Officer, effective May 8, 2023.”
Tim Go was appointed as Director at HF Sinclair Corp.
“Effective February 16, 2023, the Board increased the size of the Board by one to thirteen, appointed Mr. Go as a non-independent director to the Board”
Tim Go was appointed as Chief Executive Officer and President at HF Sinclair Corp.
“the Board of Directors (the “ Board ”) of HF Sinclair Corporation (the “ Corporation ”) promoted Tim Go to the position of Chief Executive Officer and President of the Corporation, effective May 9, 2023.”
Material Agreements
HF Sinclair Corp entered into Stock Purchase Agreement with REH Company (formerly known as The Sinclair Companies) valued at $99,999,999 (effective 2022-11-10).
“On November 10, 2022, HF Sinclair Corporation (the “Company”) entered into a Stock Purchase Agreement (the “Stock Purchase Agreement”) with REH Company (formerly known as The Sinclair Companies) (the “Selling Stockholder” or “REH Company”), pursuant to which the Company agreed to repurchase from the Selling Stockholder 1,650,165 shares of the Company’s outstanding common stock, par value $0.01 per share (the “Common Stock”) in a privately negotiated transaction. The price per share to be paid by the Company under the Stock Purchase Agreement is $60.60 per share resulting in an aggregate purchase price of $99,999,999.”
Earnings Releases
HF Sinclair Corp reported third quarter of 2022 results: net income net income attributable to HF Sinclair stockholders of $954.4 million, EPS $4.45 per diluted share.
“HF Sinclair Corporation (the “Company”) issued a press release announcing the Company’s third quarter 2022 results.”
Atanas H. Atanasov was appointed as Executive Vice President and Chief Financial Officer at HF Sinclair Corp.
“the Board appointed Atanas H. Atanasov as Executive Vice President and Chief Financial Officer effective September 30, 2022”
Richard L. Voliva III departed as Executive Vice President and Chief Financial Officer at HF Sinclair Corp.
“HF Sinclair Corporation (the “Corporation”) announced today that the Corporation and Richard L. Voliva III agreed to a mutual separation effective as of the date hereof”
Thomas G. Creery retired as President, Renewables at HF Sinclair Corp.
“On July 20, 2022, Thomas G. Creery, President, Renewables of HF Sinclair Corporation (the “ Corporation ”) and President and Chief Executive Officer of HollyFrontier Refining & Marketing LLC, notified the Board of Directors of the Corporation (the “ Board ”) that he will retire from all officer positions and as an employee of the Corporation and its subsidiaries effective July 31, 2022.”
Norman J. Szydlowski was appointed as Director at HF Sinclair Corp.
“with the exception of Ross B. Matthews and Norman J. Szydlowski who were nominated for service to the HF Sinclair Board of Directors as Sinclair HoldCo designees pursuant to Stockholders Agreement and whose appointment to the Board will be effective as of March 15, 2022”
Ross B. Matthews was appointed as Director at HF Sinclair Corp.
“with the exception of Ross B. Matthews and Norman J. Szydlowski who were nominated for service to the HF Sinclair Board of Directors as Sinclair HoldCo designees pursuant to Stockholders Agreement and whose appointment to the Board will be effective as of March 15, 2022”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.