Par Pacific (PARR) Announces Refining EVP Transition; Creamer to Retire

What Happened

• Par Pacific Holdings, Inc. filed an 8-K on September 28, 2026 (Items 5.02 and 8.01) announcing an executive transition in its refining and logistics leadership. Richard Creamer plans to retire effective on or about April 1, 2027 and, beginning September 28, 2026, will serve as Senior Advisor to the company until his retirement.
• The Board appointed Jerry Stumbo, age 55, as Executive Vice President — Refining and Logistics on September 28, 2026. Mr. Stumbo most recently served as Vice President and General Manager of the Valero Port Arthur Refinery and previously was Valero’s Vice President and Plant Manager at the St. Charles, LA refinery. He holds bachelor’s degrees in chemical engineering and psychology from Oklahoma State University. The company furnished a news release as Exhibit 99.1 announcing the transition.

Key Details

• Date of filing: September 28, 2026 (Form 8-K, Items 5.02 and 8.01).
• Retirement effective: Richard Creamer — on or about April 1, 2027; will serve as Senior Advisor from Sept 28, 2026 until retirement.
• New appointment: Jerry Stumbo named EVP — Refining & Logistics by the Board on Sept 28, 2026; age 55; prior senior roles at Valero (Port Arthur and St. Charles refineries).
• News release: Transition announced publicly and furnished as Exhibit 99.1 to the 8-K.

Why It Matters

• This is a leadership succession in a core operating area (refining & logistics). For investors, the announcement signals an organized transition with an overlap period (Creamer as Senior Advisor) intended to support continuity.
• Hiring a seasoned refinery executive from Valero suggests Par Pacific prioritized industry experience for this role; the filing does not disclose any immediate financial terms or expected impact on results.
• No other material financial information was reported in this 8-K; investors should monitor future filings and company communications for any operational or financial updates related to the transition.