Recent Updates — DINO
HF Sinclair Corporation's Board of Directors authorized a new $1.5 billion share repurchase program effective August 26, 2026. This authorization replaces the prior program, which had approximately $11 million remaining from its initial May 2024 approval. Repurchases may be conducted via open market or privately negotiated transactions, including specific provisions for purchases from REH Advisors Inc., subject to limitations and regulatory constraints. The timing and magnitude of buybacks will depend on market conditions and corporate considerations. HF Sinclair Corporation operates in the petroleum refining industry.
On July 27, 2026, Eric Nitcher, Executive Vice President and General Counsel of HF Sinclair Corporation, notified the Board of Directors of his retirement from his executive officer role, effective July 31, 2026. Mr. Nitcher will remain an employee through the end of 2026 to facilitate an orderly transition and assist in an advisory capacity. His successor will be named at a later date. The filing states that Mr. Nitcher’s decision to retire was not the result of any disagreement with the Corporation or its Board. HF Sinclair Corporation operates in the energy industry, refining and marketing petroleum products.
Effective July 6, 2026, HF Sinclair Corporation appointed Steven Ledbetter as President and Chief Operating Officer and Valerie Pompa as President, Growth, Technology and Transformation. Ledbetter, formerly Executive Vice President, Commercial, received a base salary increase to $750,000 and an increased annual incentive cash target of 100% of base salary. Pompa, formerly Executive Vice President, Operations, received a base salary increase to $700,000 and an increased annual incentive cash target of 90% of base salary. Franklin Myers remains Chief Executive Officer following his departure from the President role. HF Sinclair Corporation is an energy company involved in refining and marketing.