MURPHY OIL CORPORATION (NASDAQ:MUR) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
OnDecember 6, 2016, Murphy Oil Corporation (Murphy) (the Company)
issued a press release announcing the election of Elisabeth W.
Kellerto Murphys Board of Directors effective December 6, 2016.
Additionally, on December 6, 2016 Messrs.Eugene T. Gene Coleman
and Michael K. Mike McFadyen have been elected Executive Vice
Presidents of Murphy.
Mr. Coleman, age 58, is currently serving as Executive Vice
President, Offshore for Murphy Exploration Production Company.Mr.
Coleman is responsible for all the corporations offshore
operations. Mr. Colemans compensation will include a base salary
of $562,000, with a target bonus of 75% under the Companys 2012
and 2017 Annual Incentive Plans.
Mr. McFadyen, age 49, is currently serving as Executive Vice
President, Onshore for Murphy Exploration Production Company as
well as President, Murphy Oil Company Ltd., the Companys Canadian
subsidiary.Mr. McFadyen is responsible for all the corporations
onshore operations. Mr. McFadyens compensation will include a
base salary of C$566,938, with a target bonus of 75% under the
Companys 2012 and 2017 Annual Incentive Plans.
The full text of the press release announcing Elisabeth W.
Kellers election to the Board of Directors and election of
Messrs. Gene Coleman and Mike McFadyen as Executive Vice
Presidents, effective December 6, 2016, is filed herewith as
Exhibit 99.1.
Item 9.01.Financial Statements and Exhibits
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(d) |
Exhibits |
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99.1 |
A news release dated December 6, 2016, announcing the |
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