x

Posted 14 February, 2023

FutureFuel Corp. appointed new CEO

CEO Change detected for ticker NYSE:FF in a 8-K filed on 14 February, 2023.


  Effective February 9, 2023, FutureFuel Corp. (the "Company") appointed Kyle Gaither, formerly the General Manager of the Company's subsidiary FutureFuel Chemical Company ("FFCC"), as Chief Operations Officer ("COO") of the Company. Prior to such appointment, Thomas McKinlay, the Company's Chief Executive Officer, also served as the Company's COO.  

Don't how to trade CEO change? Read Reasons for CEO Turnover and Effect on Stock Performance.
Overview of FutureFuel Corp.
Companies on the Energy Service • Alternative Fuels
FutureFuel Corp.is engaged in the development, manufacture and marketing of biofuels and specialty chemicals. It operates through the Chemicals and Biofuels segment. The Chemicals segment produces chemical products that are sold to third party customers. The Biofuels segment includes the manufacture and market of biodiesel, including biodiesel blends with petrodiesel, petrodiesel with no biodiesel added, RINs, biodiesel production byproducts and the purchase and sale of other petroleum products. The company was founded by Lee E. Mikles and Paul Anthony Novelly on August 12, 2005 and is headquartered in St Louis, MO.
Market Cap
$252M
View Company Details
Relevant filing section
Item 5.02 - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

Effective February 9, 2023, FutureFuel Corp. (the "Company") appointed Kyle Gaither, formerly the General Manager of the Company's subsidiary FutureFuel Chemical Company ("FFCC"), as Chief Operations Officer ("COO") of the Company. Prior to such appointment, Thomas McKinlay, the Company's Chief Executive Officer, also served as the Company's COO.

 

Mr. Gaither has worked for FFCC and its predecessor, Eastman Kodak Company, for over 30 years. Prior to being appointed General Manager in January 2018, he served as Superintendent of Operations and in various other management roles for FFCC. Mr. Gaither holds a Bachelor's of Science degree in chemical engineering from the University of Arkansas.

 

In connection with his role, Mr. Gaither will receive an annual base salary of $250,000. He will be eligible to participate in the Company's benefits and incentive programs generally available to the Company's executive officers. There is no family relationship between Mr. Gaither and any other director or executive officer of the Company. There are no transactions between the Company and Mr. Gaither disclosable pursuant to Item 404(a) of Regulation S-K.