Atlas Energy Solutions Appoints New CFO
Ticker: AESI · Form: 8-K · Filed: Aug 26, 2024 · CIK: 1984060
Sentiment: neutral
Topics: executive-appointment, cfo, compensation
TL;DR
Atlas Energy Solutions just hired a new CFO, Kevin Burke, effective Aug 26. Big changes ahead?
AI Summary
Atlas Energy Solutions Inc. announced on August 22, 2024, the appointment of Kevin M. Burke as its new Chief Financial Officer, effective August 26, 2024. Burke previously served as CFO for HighPeak Energy, Inc. The company also disclosed compensatory arrangements for its named executive officers, though specific dollar amounts for these arrangements were not detailed in this filing.
Why It Matters
A change in CFO can signal shifts in financial strategy or operational focus, impacting investor confidence and the company's financial reporting.
Risk Assessment
Risk Level: medium — The appointment of a new CFO and the disclosure of executive compensation can introduce uncertainty regarding future financial performance and strategic direction.
Key Players & Entities
- Atlas Energy Solutions Inc. (company) — Registrant
- Kevin M. Burke (person) — Newly appointed Chief Financial Officer
- August 22, 2024 (date) — Date of Report
- August 26, 2024 (date) — Effective date of CFO appointment
- HighPeak Energy, Inc. (company) — Previous employer of new CFO
FAQ
Who has been appointed as the new Chief Financial Officer of Atlas Energy Solutions Inc.?
Kevin M. Burke has been appointed as the new Chief Financial Officer of Atlas Energy Solutions Inc.
When is the appointment of Kevin M. Burke as CFO effective?
The appointment of Kevin M. Burke as CFO is effective August 26, 2024.
What was Kevin M. Burke's previous role?
Kevin M. Burke previously served as CFO for HighPeak Energy, Inc.
What other information is disclosed in this 8-K filing?
The filing also discloses compensatory arrangements of certain officers.
What is the principal executive office address for Atlas Energy Solutions Inc.?
The principal executive office address is 5918 W. Courtyard Drive, Suite 500, Austin, Texas 78730.
Filing Stats: 833 words · 3 min read · ~3 pages · Grade level 10.8 · Accepted 2024-08-26 16:45:28
Key Financial Figures
- $0.01 — ch registered Common stock, par value $0.01 per share AESI New York Stock Excha
Filing Documents
- aesi-20240822.htm (8-K) — 42KB
- aesi-ex99_1.htm (EX-99.1) — 23KB
- img266941355_0.jpg (GRAPHIC) — 66KB
- 0000950170-24-100579.txt ( ) — 279KB
- aesi-20240822.xsd (EX-101.SCH) — 25KB
- aesi-20240822_htm.xml (XML) — 5KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On August 26, 2024, the Company issued a press release announcing the election of Mr. Turner to the Company's Board effective immediately. A copy of the press release is attached hereto as Exhibit 99.1. In accordance with General Instruction B.2. of Form 8-K, the information contained in this Item 7.01 and the accompanying Exhibit 99.1 shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liability of such section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended (the "Securities Act"), or the Exchange Act, regardless of the general incorporation language of such filing, except as shall be expressly set forth by specific reference in such filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 99.1 Press Release of Atlas Energy Solutions Inc., dated August 26, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
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. ATLAS ENERGY SOLUTIONS INC. Date: August 26, 2024 By: /s/ Dathan Voelter Name: Dathan Voelter Title: General Counsel and Secretary