Par Pacific Holdings (PARR) has issued an announcement.
William Pate is retiring as CEO of Par Pacific Holdings on April 30, 2024, and will continue to serve on the Board of Directors. His successor, William Monteleone, who has a history of leadership roles within the company, will take over as CEO. Monteleone’s compensation includes a $750,000 base salary, with the potential for bonuses and stock options. The leadership transition was announced in a news release, ensuring a strategic handover and continued corporate stability.
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