Form 8-K · Current Report · Filed 2024-07-15
HF Sinclair Appoints New Chief Accounting Officer
HF Sinclair Corporation announced on July 15, 2024, that Vivek Garg has been appointed as the Vice President, Chief Accounting Officer, and Controller, effective July 29, 2024.
- Filer
- Hf Sinclair Corporation DINO · NYSE
- Filed
- Accession
- 0001915657-24-000091
- CIK
- 0001915657
- Signal
- Medium impactEnergy
- Source
- Official filing on sec.gov ↗
Details
Mr. Garg, a seasoned accounting professional with extensive experience at Newmont Corporation, will receive an annual base salary of $360,000, a one-time signing bonus of $220,000, and an initial equity award valued at $275,000. He will also be subject to the Corporation's Change in Control Agreement and Indemnification Agreement.
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Market reaction
Close before filing
$48.17
Next session
+2.2%
Since filing
+89.9%
Latest close
$91.47
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from DINO reporting the same item, with the next session's move:
About Hf Sinclair Corporation
Hf Sinclair Corporation is an integrated energy company involved in refining, marketing, and distributing petroleum products. Its primary focus is on supplying fuel and specialty lubricant products, with operations that extend into petrochemicals and renewable fuels. Serving various sectors such as automotive, industrial, and agricultural, Hf Sinclair plays a crucial role in the energy supply chain by processing crude oil into refined products, including gasoline and diesel. The company's refining operations are strategically located across the United States, facilitating efficient distribution across diverse markets. With a commitment to sustainability, Hf Sinclair is also investing in renewable energy solutions and reducing carbon emissions. As a significant player in the energy sector, the corporation contributes to both local and global energy supplies, impacting market dynamics through its production capacities and strategic initiatives. Founded through a merger of HollyFrontier Corporation and Sinclair Oil Corporation, Hf Sinclair combines extensive industry expertise with a robust operational network, making it a key participant in the broader energy landscape.
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