CVR ENERGY, INC. (NYSE:CVI) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07. Submission of Matters to a Vote of Security Holders.
As previously reported in the Original Report, the Company’s stockholders determined, on an advisory basis, that such stockholders preferred holding a non-binding advisory vote on the Company’s named executive officer compensation every year. In light of, and consistent with, the preference of the Company’s stockholders, the Company’s board of directors has determined the Company will hold future non-binding advisory votes on the Company’s named executive officer compensation every year, until the next required non-binding advisory vote on this matter, which will be no later than the Company’s annual meeting of stockholders in 2023, or until the Company’s board of directors elects to implement a different frequency for such vote.
About CVR ENERGY, INC. (NYSE:CVI)
CVR Energy, Inc. (CVR Energy) is a holding company. The Company engages in the petroleum refining and nitrogen fertilizer manufacturing through its holdings in CVR Refining LP (CVR Refining or the Refining Partnership) and CVR Partners LP (CVR Partners or the Nitrogen Fertilizer Partnership). It operates under two business segments: petroleum (the petroleum and related businesses operated by the Refining Partnership) and nitrogen fertilizer (the nitrogen fertilizer business operated by the Nitrogen Fertilizer Partnership). The Company’s Refining Partnership is an independent petroleum refiner and marketer of transportation fuels. Its Nitrogen Fertilizer Partnership produces and markets nitrogen fertilizers in the form of urea and ammonium nitrate (UAN) and ammonia. The petroleum business consists of a coking medium-sour crude oil refinery in Coffeyville, Kansas and a crude oil refinery in Wynnewood, Oklahoma. The nitrogen fertilizer business consists of UAN and ammonia products.