Tesoro Corporation (TSO) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Tesoro Corporation (TSO) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Story continues below

Item 5.02

Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
(d) Election of Directors.
Effective November 11, 2016, Mr. William H. Schumann, III, became a
member of the Board of Directors (the “Board”) of Tesoro
Corporation (the “Company”) and concurrently the Board increased
the number of directors from ten to eleven. The Board determined
that Mr. Schumann meets the independence requirements under the
rules of the New York Stock Exchange and the Companys independence
standards and that there are no transactions between Mr. Schumann
and the Company that would require disclosure under Item 404(a) of
Regulation S-K. Mr. Schumann will immediately serve on the Boards
Governance and Audit Committees. The Press Release announcing Mr.
Schumann’s election is filed as Exhibit 99.1 to this Current
Report on Form 8-K and is incorporated herein by reference.
Item 9.01
Financial Statements and Exhibits.
(d) Exhibits.
99.1
Press release issued on November 10, 2016.


About Tesoro Corporation (TSO)


An ad to help with our costs