UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
_________________________
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
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Date of Report (Date of earliest event reported): March 22, 2022
WORLD FUEL SERVICES CORPORATION
(Exact name of registrant as specified in its charter)
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Florida
(State or other jurisdiction of incorporation)
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001-09533
(Commission File Number)
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59-2459427
(I.R.S. Employer Identification No.)
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9800 N.W. 41st Street
Miami, Florida
(Address of principal executive offices)
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33178
(Zip Code)
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Registrant’s telephone number, including area code: (305) 428-8000
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
☐ Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
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Title of each class
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Trading Symbol(s)
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Name of each exchange on which registered
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Common Stock, par value $0.01 per share
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INT
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New York Stock Exchange
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or
Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange
Act. ☐
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) and (e)
On March 22, 2022, Mr. Michael J. Crosby resigned from his position as Executive Vice President - Global Land of World Fuel Services Corporation (the
“Company”), effective March 31, 2022. Mr. Crosby’s resignation was a personal decision to pursue other interests and was not the result of any disagreement with the Company. Mr. John P. Rau, who currently serves as the Company’s Executive Vice
President – Global Aviation and Marine, will assume responsibility for Global Land in addition to his current duties, effective April 1, 2022.
In connection with his resignation, the Company entered into a
consulting agreement with Mr. Crosby, pursuant to which he will provide certain services to the Company and its subsidiaries from April 1, 2022 through December 31, 2023. Mr. Crosby will receive monthly
payments of $28,000 during the term of the consulting agreement for his services provided thereunder.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. Exhibit
104 Cover Page Interactive Data File, formatted in inline XBRL
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its
behalf by the undersigned, thereunto duly authorized.
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Date: March 23, 2022
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World Fuel Services Corporation
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Amy Quintana Avalos
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Senior Vice President, Chief Corporate Counsel and Corporate Secretary
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