Management ChangeApr 6, 2026, 04:36 PM
Murphy USA Appoints Donald Smith as CFO, Increases Base Salary to $550,000
AI Summary
Murphy USA appointed Donald R. Smith, Jr. as Senior Vice President, Chief Financial Officer and Treasurer, effective April 3, 2026. In connection with his appointment, Mr. Smith's annual base salary will be increased to $550,000, his target annual cash bonus opportunity will be increased to 70% of his base salary and his target long-term equity incentive award opportunity will be increased to 125% of his base salary.
Key Highlights
- Donald R. Smith, Jr. appointed as Senior Vice President, Chief Financial Officer and Treasurer.
- Smith's base salary increased to $550,000.
- Target annual cash bonus opportunity increased to 70% of base salary.
- Target long-term equity incentive award opportunity increased to 125% of base salary.
- Smith will receive a one-time cash bonus of $45,000, as well as a “top-up” annual equity incentive award for 2026 with a targeted grant date value of $260,000.
Price Impact
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