Posted 21 November, 2023
HNR Acquisition Corp. appointed new CEO
CEO Change detected for ticker NYSE:HNRA in a 8-K filed on 21 November, 2023.
Further, in connection with the Business Combination, effective as of the Closing, Donald H. Goree resigned from his position as HNRA's Chief Executive Officer, Chief Financial Officer, Chairman, and Director and Donald W. Orr resigned from his positions as HNRA President and Director.
Don't how to trade CEO change? Read Reasons for CEO Turnover and Effect on Stock Performance.
Overview of HNR Acquisition Corp.
Relevant filing section
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. The information set forth above in the sections titled "Directors and Executive Officers," "Executive Compensation," "Certain Relationships and Related Person Transactions and Director Independence" and "Indemnification of Directors and Officers" is incorporated herein by reference. Further, in connection with the Business Combination, effective as of the Closing, Donald H. Goree resigned from his position as HNRA's Chief Executive Officer, Chief Financial Officer, Chairman, and Director and Donald W. Orr resigned from his positions as HNRA President and Director. In addition, the 2023 Plan became effective upon the Closing. The material terms of the plan are described in the Proxy Statement in the section titled "Proposal No.2-The Incentive Plan Proposal" beginning on page 132 thereof, which are incorporated herein by reference.
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