Murphy USA sets CEO Mindy West pay and grants retention awards to four executives
Murphy USA's board committee approved a pay package for Mindy K. West, promoted to chief executive, effective January 1, 2026. The committee also approved one-time retention awards for four executives during the CEO transition. The filing discloses pay terms only and no financial results, but it sets new leadership compensation costs for shareholders to track.
Key points
- West's package includes a $1,000,000 base salary, a target annual cash incentive of 150% of base salary, and a 2026 long-term award with a targeted grant value of $5,000,000.
- Retention grants approved January 12, 2026: $1,000,000 target value for Chris A. Click and $500,000 each for Renee M. Bacon, Robert J. Chumley and Donald R. Smith, Jr.
- The retention awards are time-based restricted stock units that cliff vest on the third anniversary of the grant date, expected to be February 11, 2026.
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 January 16, 2026.
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.