Murphy USA appoints Michael G. Kulp to its board of directors
On December 10, 2025, Murphy USA Inc. (NYSE: MUSA) appointed Michael G. Kulp, founder and CEO of KBP Brands, as an independent director. He will sit on the Audit Committee and the Executive Compensation Committee, and his director pay is governed by the company's non-employee director compensation program. The change adds a board member with multi-unit restaurant operating experience, and the filing contains no financial results.
Key points
- Michael G. Kulp is founder and CEO of KBP Brands, which operates more than 1,200 KFC, Taco Bell, Arby's and Sonic restaurants across 32 states.
- Kulp was appointed to the Audit Committee and the Executive Compensation Committee.
- He serves as a Class I Director, with a term expiring at the 2026 annual meeting of stockholders.
The filing
Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 10, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.