Murphy USA Grants New CEO Mindy West Enhanced Severance Protection Agreement

Reuters
2025.12.15 21:35
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Murphy USA Inc. announced new compensation terms for incoming CEO Mindy K. West, effective January 1, 2026. The Severance Protection Agreement includes a lump sum payment of two times her annual salary and bonus if terminated without cause within 24 months of a change in control, plus 24 months of benefits. It also includes non-competition and non-solicitation restrictions for 12 months post-termination and perpetual confidentiality obligations.