Kirby Corp 8-K/A, filed Apr 26, 2024
Kirby Corp (KEX)
About this 8-K/A
Kirby Corp filed this 8-K/A on April 26, 2024, reporting on events of April 25, 2024.
Items reported
- Item 5.02: Director or officer change, or executive pay
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
Amendment No. 1
CURRENT REPORT
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Explanatory Note
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
As previously disclosed, with effect on April 26, 2024, at the conclusion of the Company’s 2024 Annual Stockholder Meeting, Christian G. O’Neil, was appointed as Kirby’s President and Chief Operating Officer. As President and Chief Operating Officer, Mr. O’Neil is responsible for the day to day operations of both Kirby’s marine transportation and distribution and services segments. In connection with this appointment, Mr. O’Neil’s salary was increased to $674,428 effective as of April 26, 2024. No other changes were made to his compensatory arrangements in connection with Mr. O’Neil’s appointment as Kirby’s President and Chief Operating Officer, except that effective as of April 26, 2024, Mr. O’Neil’s 2024 incentive compensation will be based on overall Company performance instead of a blend of corporate and the marine transportation segment.
Effective with Mr. O’Neil’s appointment as Kirby’s President and Chief Operating Officer, David W. Grzebinski’s title changed to Chief Executive Officer.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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KIRBY CORPORATION |
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Date: |
April 26, 2024 |
By: |
/s/ Raj Kumar |
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Raj Kumar |