Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Agreements of Certain Officers.
(b) On April 19, 2022, Thomas F. Flaherty notified Sprague Resources GP LLC, the
general partner ("General Partner") of Sprague Resources LP (the "Partnership"),
of his decision to retire as Vice President, Refined Products. Mr. Flaherty is
expected to continue in his role through July 1, 2022, to assist with the
transition of his responsibilities.
(c) Joseph S. Smith, will replace Mr. Flaherty as Vice President, Refined
Products effective July 1, 2022.
Mr. Smith, 65, joined the Partnership's predecessor company in April 2001 and
currently serves as Vice President, Corporate Development of the General
Partner. Mr. Smith was Vice President, Corporate Development & IT from February
2019 until July 2021. Prior to this appointment, Mr. Smith served as Vice
President, Business Development from February 2014 to January 2019. Mr. Smith
also served as Vice President, Chief Risk Officer and Strategic Planning of our
General Partner from July 2011 to January 2014, a position he held with our
predecessor company since July 2006. Prior to joining our predecessor, Mr. Smith
was a Principal with Arthur D. Little, Inc.'s international energy consulting
practice. He also worked in various positions for Mobil Oil Corporation,
including in the areas of sales and supply and research and development. Mr.
Smith received his Bachelor's degree in Chemical Engineering from the University
of Maine. He received a Master's degree in Chemical Engineering from
Pennsylvania State University and a Master's degree in Business Administration
in Finance from Drexel University.
Sprague Resources GP LLC does not currently have an employment agreement with
Mr. Flaherty and does not plan to enter into an employment agreement with Mr.
Smith.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
EXHIBIT DESCRIPTION
104 Cover Page Interactive Data File (formatted in Inline XBRL)
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