Star approved a salary increase for President and Chief Executive Officer Jeffrey M. Woosnam, raising his annual pay to $750,000 effective August 1, 2026.

IndividualJeffrey M. WoosnamRolePresident, Chief Executive Officer and Director (Kestrel Heat, LLC)Type of ChangeSalary increaseEffective DateAugust 1, 2026ReasonTo align compensation with market competitive levels and reflect continued leadership and performanceReplacement InfoNot applicableBackground DetailsNot disclosed beyond role and responsibilities; action approved by Board in executive session without his participationBoard/Committee Role ChangesNot disclosed

Original SEC Filing:

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.