Business Context and Reporting Period
This Form 8-K was filed by Kinetik Holdings Inc. on August 24, 2023, reporting events occurring on the same date. The company is incorporated in Delaware and its Class A Common Stock trades on the New York Stock Exchange under the symbol KNTK.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance and personnel changes.
Material Changes
The primary material change reported is a restructuring of senior leadership roles effective August 24, 2023:
- Trevor Howard was appointed Senior Vice President and Chief Financial Officer.
- Jamie Welch relinquished the title of Chief Financial Officer but retains his positions as Chief Executive Officer, President, and Principal Executive Officer.
- Steve Stellato continues as Executive Vice President, Chief Accounting and Administrative Officer, and serves as the Principal Financial Officer and Principal Accounting Officer.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for financial guidance, future outlook, management commentary on operations, specific risks, contingencies, or unusual items.
Investor Verification Checklist
- Confirm the effective date of Trevor Howard's appointment as CFO.
- Verify the continued roles of Jamie Welch and Steve Stellato in their respective executive capacities.
- Review subsequent filings for any financial impact related to these leadership transitions.