Hallador Energy Appoints New CFO, David Stark Departs
Ticker: HNRG · Form: 8-K · Filed: Mar 25, 2024 · CIK: 788965
| Field | Detail |
|---|---|
| Company | Hallador Energy CO (HNRG) |
| Form Type | 8-K |
| Filed Date | Mar 25, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $400,000, $200,000, $100,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, cfo-appointment
Related Tickers: HNRG
TL;DR
HNRG CFO OUT, NEW CFO IN - Brent Murray takes over from David Stark.
AI Summary
Hallador Energy Company (HNRG) announced on March 25, 2024, the appointment of Brent J. Murray as Chief Financial Officer, effective March 25, 2024. Murray previously served as the company's Vice President of Finance and Chief Accounting Officer. The company also reported the departure of its previous CFO, David J. Stark, on the same date. Murray's compensation details were not disclosed in this filing.
Why It Matters
A change in CFO can signal shifts in financial strategy or management priorities, potentially impacting investor confidence and the company's financial reporting.
Risk Assessment
Risk Level: medium — Changes in key financial leadership roles can introduce uncertainty regarding future financial strategies and performance.
Key Players & Entities
- Hallador Energy Company (company) — Registrant
- Brent J. Murray (person) — Appointed Chief Financial Officer
- David J. Stark (person) — Departing Chief Financial Officer
- March 25, 2024 (date) — Effective date of CFO change
FAQ
Who has been appointed as the new Chief Financial Officer of Hallador Energy Company?
Brent J. Murray has been appointed as the new Chief Financial Officer of Hallador Energy Company.
When was the appointment of the new CFO effective?
The appointment of Brent J. Murray as CFO was effective March 25, 2024.
Who previously held the position of Chief Financial Officer?
David J. Stark previously held the position of Chief Financial Officer.
What was Brent J. Murray's previous role at Hallador Energy Company?
Brent J. Murray previously served as the company's Vice President of Finance and Chief Accounting Officer.
What is the ticker symbol for Hallador Energy Company?
The ticker symbol for Hallador Energy Company is HNRG.
Filing Stats: 871 words · 3 min read · ~3 pages · Grade level 10.8 · Accepted 2024-03-25 08:58:55
Key Financial Figures
- $400,000 — tially be paid an annual base salary of $400,000, with a target annual short-term incent
- $200,000 — a target annual short-term incentive of $200,000 and will be eligible for long-term ince
- $100,000 — ed Stock Units ("RSU") in the amount of $100,000, which will vest in accordance with the
Filing Documents
- hnrg20240320_8k.htm (8-K) — 29KB
- ex_642779.htm (EX-99.1) — 9KB
- ex_451759img001.jpg (GRAPHIC) — 5KB
- hnrglogo.jpg (GRAPHIC) — 3KB
- 0001437749-24-009136.txt ( ) — 188KB
- hnrg-20240325.xsd (EX-101.SCH) — 3KB
- hnrg-20240325_def.xml (EX-101.DEF) — 11KB
- hnrg-20240325_lab.xml (EX-101.LAB) — 15KB
- hnrg-20240325_pre.xml (EX-101.PRE) — 11KB
- hnrg20240320_8k_htm.xml (XML) — 3KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On March 25, 2024, the Company issued a press release announcing the management changes described herein. A copy of this press release is attached hereto as Exhibit 99.1 to this Current Report on Form 8-K, and the text of such press release is incorporated herein by reference. None of the information furnished in this Item 7.01 will be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor will it be incorporated by reference into any registration statement filed by the Company under the Securities Act of 1933, as amended.
01 – Financial Statements and Exhibits
Item 9.01 – Financial Statements and Exhibits. (d) Exhibits Number Description 99.1 Press Release dated March 25, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 2 SIGNATURE 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. Hallador Energy Company March 25, 2024 By: Brent K. Bilsland Brent K. Bilsland President and Chief Executive Officer 3