How Monteleone was paid
$4.4M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| William MonteleonePresident and Chief Executive Officer | $806,731 | $2,249,998 | $1,336,325 | $21,000 | $4,414,054 |
| Richard CreamerExecutive Vice President, Refining and Logistics | $516,154 | $799,994 | $556,468 | $21,000 | $1,893,616 |
| Shawn FloresSenior Vice President, Chief Financial Officer | $457,308 | $722,488 | $602,117 | $21,000 | $1,802,913 |
| Jeffrey R. HollisSenior Vice President, General Counsel, and Secretary | $432,115 | $588,000 | $463,870 | $21,000 | $1,504,985 |
| Terrill PitkinSenior Vice President, Commercial & Planning | $370,192 | $558,602 | $393,455 | $21,000 | $1,343,249 |
What changed and why
- $4.4MChief Executive Officer William Monteleone received total compensation of $4,414,054 in 2025.
- 141.7%Strong financial results and small refinery exemptions drove the annual incentive program payout to 141.7% of target.
- The company capped small refinery exemption impacts on annual incentives to preserve pay-for-performance integrity.
- Stock ownership guidelines require the chief executive officer to hold stock equal to five times base salary.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.