MURPHY USA INC. (NYSE:MUSA) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
OnNovember 26, 2018, Murphy USA Inc.("Murphy USA") issued a press release announcing the election of Hon. Jeanne L. Phillips to Murphy USA's Board of Directors effective November 19, 2018.
Ambassador Phillips will receive compensation in accordance with our compensation arrangements for non-employee directors. Equity awards for non-employee directors are governed by the Murphy USA Inc. Stock Plan for Non-Employee Directors which was filed with the SEC as an exhibit to Form S-8 (File No. 333-191131) on September 13, 2013.
Ambassador Phillips has not yet been appointed to any committee of the Board of Directors; she will serve as a Class I Director with a term expiring at the 2020 annual meeting of stockholders.
The full text of the press release announcing Ambassador Phillip's election to the Board of Directors is filed herewith as Exhibit 99.1
Item 9.01.Financial Statements and Exhibits
(d) Exhibits
99.1Press Release Issued by Murphy USA Inc., datedNovember 26, 2018
Murphy USA Inc. ExhibitEX-99.1 2 exh991pressreleasenewboard.htm EXHIBIT 99.1 PRESS RELEASE Exhibit Exhibit 99.1 MURPHY USA WELCOMES HON. JEANNE L. PHILLIPS TO BOARD OF DIRECTORS EL DORADO,…To view the full exhibit click here
About MURPHY USA INC. (NYSE:MUSA)
Murphy USA Inc. (Murphy USA) is engaged in the marketing of retail motor fuel products and convenience merchandise through a chain of retail stores. The Company operates through the Marketing segment. The Marketing segment includes its retail marketing sites and product supply, and wholesale assets. Its retail stores are located in over 20 states, in the Southwest, Southeast and Midwest United States. Of these stores, over 1,110 are branded Murphy USA and over 220 are standalone Murphy Express locations. Its retail stores under the brand name Murphy USA participate in the Walmart discount program. Its business also includes certain product supply and wholesale assets, including product distribution terminals and pipeline positions. In addition to the motor fuel sold at its stores, its stores carry snacks, beverages, tobacco products and non-food merchandise, including private label products, such as an isotonic drink offered in various flavors and a private label energy drink.
