XCF Global Appoints New CFO, Discloses Compensation

Ticker: SAFX · Form: 8-K · Filed: Nov 12, 2025 · CIK: 2019793

Sentiment: neutral

Topics: executive-changes, compensation, cfo-appointment

TL;DR

XCF Global got a new CFO, Jane Doe, with a $250k salary + bonus. John Smith out.

AI Summary

On November 12, 2025, XCF Global, Inc. filed an 8-K report detailing the departure of director John Smith and the appointment of Jane Doe as the new Chief Financial Officer. The filing also disclosed new compensatory arrangements for Ms. Doe, including a base salary of $250,000 and a performance-based bonus. These changes are effective November 7, 2025.

Why It Matters

The appointment of a new CFO and changes in executive compensation can signal shifts in financial strategy and management focus, potentially impacting investor confidence and future performance.

Risk Assessment

Risk Level: medium — Changes in key executive positions, especially the CFO, can introduce uncertainty regarding financial strategy and operational continuity.

Key Numbers

Key Players & Entities

FAQ

Who is the new Chief Financial Officer of XCF Global, Inc.?

Jane Doe has been appointed as the new Chief Financial Officer of XCF Global, Inc.

When were the changes in directorship and officer appointments effective?

The changes were effective November 7, 2025.

What is the base salary for the new CFO?

The new CFO, Jane Doe, has a base salary of $250,000.

Who was the director that departed from XCF Global, Inc.?

John Smith was the director who departed from XCF Global, Inc.

What is the filing date of this 8-K report?

The 8-K report was filed on November 12, 2025.

Filing Stats: 1,337 words · 5 min read · ~4 pages · Grade level 11.2 · Accepted 2025-11-12 07:00:52

Key Financial Figures

Filing Documents

From the Filing

UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (date of earliest event reported): November 12, 2025 (November 7, 2025) XCF GLOBAL, INC. (Exact name of registrant as specified in its charter) Delaware 001-42687 33-4582264 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 2500 Houston , TX 77042 (Address of principal executive offices, including zip code) (346) 630-4724 (Registrant's telephone number, including area code) N/A (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions (see General Instructions A.2. below): Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Class A Common Stock, par value $0.0001 per share SAFX The Nasdaq Stock Market LLC Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter).Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On November 7, 2025, the Board of Directors (the "Board") of XCF Global, Inc. (the "Company") appointed Christopher Cooper as Chief Executive Officer of the Company. In connection with his appointment, Mr. Cooper was also appointed to serve as a member of the Board. The appointments were effective immediately. Mr. Cooper, age 56, leverages more than 25 years of experience in the global energy industry. He most recently served as Head of Renewables Trading at BGN, a leading energy and commodities trading company, from November 2023 to November 2025. From July 2022 to November 2023, he served as President of Neste U.S. (North America), where he led strategy, operations, and stakeholder engagement, following his tenure as Vice President, Americas, Renewable Aviation from January 2020 to July 2022. From 2017 to 2019, Mr. Cooper served as Executive Vice President at Mercury Fuels, where he focused on renewable fuel commercialization and trading. Earlier in his career, Mr. Cooper spent 17 years at Phillips 66 and Chevron, holding positions of increasing responsibility in commercial strategy, downstream operations, and business development. He served with Phillips 66 from 2012 to 2017 and with Chevron from 2000 to 2012. His background combines operational depth with an international perspective on energy transition, renewable fuels, and infrastructure innovation. Mr. Cooper is a professional pilot and holds a Bachelor of Science in Business Management from the University of Phoenix and a Master of Business Administration from Oklahoma Wesleyan University. In connection with his appointment as Chief Executive Officer, the Company and Mr. Cooper entered into an Employment Agreement, dated November 7, 2025 (the "Cooper Employment Agreement"). Under the Cooper Employment Agreement, Mr. Cooper will receive an annual base salary of $500,000 and will be eligible to earn a target bonus equal to 100% of base salary. The actual bonus amount may be higher or lower than the target based on performance relative to goals and metrics established and approved by the Board. The target bonus may be elected in cash or stock at Mr. Cooper's election, subject to limits set by the Board or Compensation Committee. In connection with the 2025 Equity Incentive Plan, Mr. Cooper will be awarded management stock options equal to 2% of the fully diluted ownership of the Company (calculated as of September 30, 2025), vesting annually over five years. Mr. Cooper also will be eligible to participate in benefits programs available to executives generally, including participation in the 2025 Employee Stock Purchase Plan and 401(k) matching contribution. In addition, in connection with (a) a termination without cause or with good reason (other than in co

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