William Pate has been the CEO of Par Pacific Holdings, Inc. since 2015 after a long career in finance and law. He holds a Juris Doctorate from the prestigious University of Chicago Law School and a Bachelor of Arts from...

Number of Employees

1.81K

Year

2023

Total Compensation

$3.51M

Salary

$795.00K

Board Justification

The compensation philosophy aims to provide competitive packages that attract, retain, and motivate executives while aligning their interests with those of stockholders.

Bonus

$1.79M

Board Justification

The bonus is based on individual performance and company performance metrics, including Adjusted EBITDA and Modified Free Cash Flow, with a target opportunity of 100% of base salary.

Other

$0.00

Board Justification

Restricted Stock

$918.76K(33.45K restricted stock)

Board Justification

The restricted stock awarded to Mr. Pate vests ratably over a three-year period, with a total value of $918,762 in 2023.

Performance Metrics

Performance metrics include Adjusted EBITDA, Modified Free Cash Flow, and individual performance evaluations.

SEC Filing

From March 18, 2024

William Pate

Ex-CEO of Par Pacific Holdings, Inc.

WP

Education

Juris Doctorate from University of Chicago Law School, Bachelor of Arts from Harvard College

Field of Expertise

Legal & Compliance - Law

Born

January 1, 1973 - 52 years ago

Is Founder?

No

Tenure

8 years 6 months (Oct 2015 - Apr 2024)

Previous Experience

Co-President of Equity Group Investments