Clean Energy Fuels Appoints New CFO

TL;DR

CEFS names Anya McInerney new CFO, starting April 1st. Salary $325k.

AI Summary

Clean Energy Fuels Corp. announced on March 27, 2024, the appointment of Ms. Anya M. McInerney as its new Chief Financial Officer, effective April 1, 2024. Ms. McInerney previously served as the company's Vice President of Finance and Controller. She will receive an annual base salary of $325,000 and will be eligible for the company's annual incentive plan.

Why It Matters

The appointment of a new CFO is a significant leadership change that can impact financial strategy and investor confidence.

Risk Assessment

Risk Level: low — This filing primarily concerns an executive appointment and does not indicate significant financial or operational changes.

Key Numbers

• $325,000 — CFO Annual Base Salary (This is the starting salary for the new Chief Financial Officer.)

Key Players & Entities

• Clean Energy Fuels Corp. (company) — Registrant
• Anya M. McInerney (person) — Newly appointed Chief Financial Officer
• $325,000 (dollar_amount) — Annual base salary for new CFO
• April 1, 2024 (date) — Effective date of CFO appointment

FAQ

Key Financial Figures

• $0.0001 — nge on which registered Common stock, $0.0001 par value per share CLNE The Nasdaq S
• $70,000 — consists of an annual cash retainer of $70,000 and an annual equity award with a value
• $120,000 — an annual equity award with a value of $120,000, which is comprised of 50% stock option

Filing Documents

• tm2410077d1_8k.htm (8-K) — 30KB
• tm2410077d1_ex99-1.htm (EX-99.1) — 6KB
• tm2410077d1_ex99-1img001.jpg (GRAPHIC) — 10KB
• 0001104659-24-039953.txt ( ) — 223KB
• clne-20240327.xsd (EX-101.SCH) — 3KB
• clne-20240327_lab.xml (EX-101.LAB) — 33KB
• clne-20240327_pre.xml (EX-101.PRE) — 22KB
• tm2410077d1_8k_htm.xml (XML) — 4KB

02

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On March 27, 2024, the board of directors (the "Board") of Clean Energy Fuels Corp. (the "Company"), appointed Patrick Ford to serve as a member of the Board, effective immediately. Mr. Ford has also been appointed to serve on the Audit Committee of the Board. The Board has determined that Mr. Ford is an independent director within the meaning of the applicable rules of the Nasdaq Stock Market. Mr. Ford served as an Audit Partner at KPMG LLP from 1994 until his retirement in 2022. Mr. Ford served numerous SEC registrants as the Lead Audit Engagement Partner in the energy, automotive and technology sectors during his tenure with KPMG LLP. Mr. Ford served as a member of the Board of Directors of KPMG LLP and its related entity, KPMG Americas LLP from 2013 to 2018. Mr. Ford is a certified public accountant (retired status) in California, Arizona and Hawaii. Mr. Ford previously served on the Board of Advisors for the University of Southern California Marshall School of Business from 2006 to 2019 and the Board of Advisors for the Shidler School of Business at the University of Hawaii at Manoa from 2003 to 2007. Mr. Ford holds a bachelor's degree in business administration with an emphasis in accounting from the University of Southern California. Mr. Ford's compensation for his services as a director will be consistent with that of the Company's other non-employee directors, as described in the Company's definitive proxy statement filed with the Securities and Exchange Commission ("SEC") on April 5, 2023. This compensation consists of an annual cash retainer of $70,000 and an annual equity award with a value of $120,000, which is comprised of 50% stock options and fifty 50% restricted stock units of the Company. In connection with his appointment to the Board, Mr. Ford has been awarded a pro rata portion of the 2

01

Item 7.01 Regulation FD Disclosure. On March 28, 2024, the Company issued a press release announcing the appointment of Mr. Ford to the Board. A copy of such press release is attached hereto as Exhibit 99.1. As provided in General Instruction B.2 of Form 8-K, the information in this Item 7.01 of this Current Report on Form 8-K shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release, dated March 28, 2024, issued by Clean Energy Fuels Corp. 104 Cover Page Interactive Data File (embedded with the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: March 28, 2024 CLEAN ENERGY FUELS CORP. By: /s/ Andrew J. Littlefair Name: Andrew J. Littlefair Title: President and Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR