Darling Ingredients Elects New Directors, Adjusts Officer Pay
Ticker: DAR · Form: 8-K · Filed: Jul 29, 2024 · CIK: 916540
| Field | Detail |
|---|---|
| Company | Darling Ingredients INC. (DAR) |
| Form Type | 8-K |
| Filed Date | Jul 29, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, officer-compensation, board-of-directors
Related Tickers: DAR
TL;DR
Board shakeup at Darling Ingredients: new directors in, exec pay tweaked.
AI Summary
On July 24, 2024, Darling Ingredients Inc. announced the election of new directors and changes in its officer compensation arrangements. Specifically, the company elected three new directors: Robert L. Chiari, Jr., David L. Johnson, and David L. Miller, to serve until the 2025 annual meeting. Additionally, the compensation committee approved amendments to the executive officer employment agreements, including adjustments to base salaries and potential bonuses.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — This filing primarily concerns routine corporate governance matters like director elections and compensation adjustments, which are standard for public companies.
Key Players & Entities
- Darling Ingredients Inc. (company) — Registrant
- Robert L. Chiari, Jr. (person) — Newly Elected Director
- David L. Johnson (person) — Newly Elected Director
- David L. Miller (person) — Newly Elected Director
- July 24, 2024 (date) — Date of earliest event reported
FAQ
Who were the newly elected directors at Darling Ingredients?
The newly elected directors are Robert L. Chiari, Jr., David L. Johnson, and David L. Miller.
Until when are the newly elected directors serving?
The newly elected directors are serving until the 2025 annual meeting.
What specific compensation arrangements were amended for officers?
The compensation committee approved amendments to executive officer employment agreements, including adjustments to base salaries and potential bonuses.
What is the exact name of the company filing this report?
The exact name of the registrant is Darling Ingredients Inc.
In which state is Darling Ingredients Inc. incorporated?
Darling Ingredients Inc. is incorporated in Delaware.
Filing Stats: 478 words · 2 min read · ~2 pages · Grade level 9.5 · Accepted 2024-07-29 16:18:13
Key Financial Figures
- $0.01 — hange on which registered Common stock $0.01 par value per share DAR New York Stock
Filing Documents
- dar-20240724.htm (8-K) — 30KB
- exh991-pressrelease07292024.htm (EX-99.1) — 6KB
- darlingingredientslogoa.jpg (GRAPHIC) — 11KB
- 0000916540-24-000022.txt ( ) — 174KB
- dar-20240724.xsd (EX-101.SCH) — 2KB
- dar-20240724_lab.xml (EX-101.LAB) — 21KB
- dar-20240724_pre.xml (EX-101.PRE) — 12KB
- dar-20240724_htm.xml (XML) — 3KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits . 99.1 Press Release dated July 29, 2024. 104 Cover Page Interactive Data File (embedded within Inline XBRL document) 2
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. DARLING INGREDIENTS INC. Date: July 29, 2024 By: /s/ John F. Sterling John F. Sterling Executive Vice President, General Counsel 3