R. Andrew Clyde has been the President and CEO of Murphy USA Inc. since August 2013. He holds a Bachelor’s degree in Business Administration from the University of Arkansas. Under his leadership, the company achieved impressive financial performance metrics, with...
R. Andrew Clyde has been the President and CEO of Murphy USA Inc. since August 2013. He holds a Bachelor’s degree in Business Administration from the University of Arkansas. Under his leadership, the company achieved impressive financial performance metrics, with a total compensation exceeding $10 million in 2023, primarily driven by performance bonuses tied to key metrics like Adjusted EBITDA and Fuel Volume. One interesting aspect of Clyde’s tenure is his significant involvement in stock ownership, reflecting the company’s stock performance data that has seen ups and downs over the years. His biggest insider trades peaked in 2021, hitting as high as $39.20 million. He also has a unique severance agreement that offers him substantial benefits if there’s a change in control at the company. This includes a lump sum payment equating to three times his base salary and bonuses, plus full vesting of his stock options. Clyde’s experience in the industry and his strategic decisions help shape the direction of Murphy USA in a competitive market, making him a key player in retail fuels and convenience.