Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Kiewit Royalty Trust (the "Trust") is administered by officers and employees of
U.S. Bank, N.A., which serves as the sole trustee of the Trust (the "Trustee").
The Trust does not have a principal financial or chief accounting officer or any
other officers, and officers of the Trustee are from time to time designated to
perform the certain necessary functions of the Trust, although there are no
specific persons employed by the Trustee having the full-time duty of
administering the Trust.
As previously reported, G. Rosanna Moore, JD was performing the necessary
functions of the Trust on behalf of the Trustee until her resignation. Ms Moore
served in that position from October 28, 2019-December 21, 2021. Ms. Moore has
relocated in order to pursue other career opportunities.
In light of Ms. Moore's resignation, the Trustee appointed Amy M. Chesnut, age
36, to act as Ms. Moore's successor to perform the necessary functions of the
Trust on behalf of the Trustee on December 22, 2021. Ms. Chesnut also served in
this position from December 21, 2018 until October 28, 2019. Ms. Chesnut
currently is a Wealth Management Sr. Trust Officer with U.S. Bank N.A,
previously the Wealth Management Trust Managing Director where she served from
2019. Prior her current position, Ms. Chesnut also served as a Wealth Management
Trust Adviser and a Personal Trust Associate at U.S. Bank, starting in 2007. Ms.
Chesnut received her Bachelor of Science degree in sports management from
Nebraska Wesleyan University, Lincoln, Nebraska.
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