Corporate GovernanceJul 17, 2026, 05:06 PM
Star Group CEO Jeffrey Woosnam's Salary Increased to $750,000
AI Summary
The Board of Directors of Kestrel Heat, LLC, the general partner of Star Group, L.P., approved a salary increase for President and Chief Executive Officer Jeffrey M. Woosnam. Effective August 1, 2026, Mr. Woosnam's annual salary will increase from $531,742 to $750,000. This decision was made to align his compensation with market competitive levels and acknowledge his leadership and performance in achieving the Company's strategic objectives.
Key Highlights
- Star Group CEO Jeffrey M. Woosnam's salary increased to $750,000 per annum.
- Previous annual salary was $531,742.
- The increase is effective August 1, 2026.
- Approved by the Board of Directors of Kestrel Heat, LLC.
- Action taken to align compensation with market competitive levels.
- Reflects Mr. Woosnam's continued leadership and performance.
Price Impact
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