Business Context and Reporting Period
This Form 8-K Current Report was filed by Sunoco LP on October 19, 2020. The filing pertains to the appointment of a new senior officer within Sunoco GP LLC, the general partner of Sunoco LP.
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 personnel changes and does not contain financial performance data.
Material Changes
On October 19, 2020, Rick Raymer was appointed as Vice President, Controller, and Principal Accounting Officer of Sunoco GP LLC. Mr. Raymer brings over 25 years of experience in finance and accounting, including 10 years at SemGroup Corporation and a recent role as Assistant Controller at Energy Transfer LP.
Guidance, Outlook, and Risks
There is no guidance, outlook, or discussion of risks and contingencies in this filing. Regarding the new appointment, the filing states there are no arrangements or understandings with other persons that influenced the appointment, nor are there any existing relationships requiring disclosure under Regulation S-K.
Investor Verification Points
- Confirm the effective date of Rick Raymer's appointment as Principal Accounting Officer.
- Verify the absence of undisclosed relationships between Mr. Raymer and the Partnership or its subsidiaries.
- Note that this filing does not impact the company's financial statements or operational guidance.