Calumet Announces Intention to Nominate Bradford T. Sanders to Board of Directors

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Calumet (NASDAQ: CLMT) announced on April 6, 2026 that Bradford T. Sanders has been nominated for election to its Board of Directors at the Company's 2026 Annual Meeting of Stockholders. The Board says Sanders brings industry experience in renewables and commodity markets and strategic commercial leadership.

The Board engaged HC Group to help identify independent director candidates aligned with board and shareholder priorities.

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INDIANAPOLIS, April 6, 2026 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) ("Calumet") announced today that Bradford T. Sanders has been selected as a nominee for election to the Board of Directors of Calumet (the "Board") at the Company's 2026 Annual Meeting of Stockholders (the "Annual Meeting"). 

Steve Mawer, Calumet's Chairman said, "The Board is delighted to announce its nomination of Brad for election at the Company's Annual Meeting. Brad brings a broad range of industry experience, which would be a valuable complement to the Board as we continue to focus on creating shareholder value, including a distinguished record of strategic and commercial leadership in renewables and commodity markets."

Calumet's Board engaged HC Group to identify and select highly qualified independent director candidates who align with Board and shareholder priorities.

About Bradford T. Sanders

Bradford T. Sanders is an energy executive with more than 30 years of leadership across the energy value chain, including refining, chemicals, trading, logistics, and renewable fuels. Mr. Sanders has held senior leadership roles at U.S. Development Group, where he served as Executive Vice President, Head of Market Strategy and Chief Commercial Officer, working with leadership teams to identify and execute strategic commercial opportunities. Prior to joining USDG, Mr. Sanders spent 32 years at Koch Industries, where he built and led trading and commercial businesses spanning crude oil, natural gas liquids, refined products, environmental attributes, gasoline components, plastics, and ethanol. Mr. Sanders advises boards and executives on strategy, capital allocation, governance, and risk management. He holds a bachelor's degree in business from the University of Kansas and serves as a Trustee of the KU Endowment. .

About Calumet

Calumet, Inc. (NASDAQ: CLMT) manufactures, formulates, and markets a diversified slate of specialty branded products and renewable fuels to customers across a broad range of consumer-facing and industrial markets. Calumet is headquartered in Indianapolis, Indiana and operates twelve facilities throughout North America.

Cautionary Statement Regarding Forward-Looking Statements

Certain statements and information in this press release may constitute "forward-looking statements." The words "believe," "expect," "anticipate," "plan," "intend," "should," "would," "could" or other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature. These forward-looking statements are based on our current expectations and beliefs concerning future developments and their potential effect on us and include those related to future growth and governance of the Company. While management believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting us will be those that we anticipate. Our forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from our historical experience and our present expectations or projections. Important factors that could cause actual results to differ materially from those in the forward-looking statements include actions by shareholders or nominees, market conditions, regulatory changes, and factors discussed in our filings with Securities and Exchange Commission, including our latest Annual Report on Form 10-K and Current Reports on Form 8-K. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made. We undertake no obligation to publicly update or revise any forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise.

 

View original content:https://www.prnewswire.com/news-releases/calumet-announces-intention-to-nominate-bradford-t-sanders-to-board-of-directors-302734642.html

SOURCE Calumet, Inc.

FAQ

Who is Bradford T. Sanders and why is he nominated to Calumet's board (CLMT) on April 6, 2026?

Bradford T. Sanders is a director nominee with experience in renewables and commodity markets, according to the company. His background is described as strategic and commercial leadership that the Board says complements existing skills and supports shareholder-value focus at Calumet.

When will Bradford T. Sanders stand for election to Calumet's (CLMT) Board of Directors?

Bradford T. Sanders is nominated to stand for election at Calumet's 2026 Annual Meeting of Stockholders, according to the company. The announcement on April 6, 2026 confirms his nomination; the exact annual meeting date should be in the company's meeting notice.

What process did Calumet (CLMT) use to identify the board nominee Bradford T. Sanders?

Calumet engaged a third-party firm, HC Group, to identify and select qualified independent director candidates, according to the company. The Board says HC Group helped find candidates aligned with board and shareholder priorities for governance and expertise.

Does Bradford T. Sanders' nomination to Calumet's board (CLMT) change current management or executive roles?

The announcement identifies Sanders as a nominee for election to the Board and does not state any change to existing management roles, according to the company. It only references his nomination for the 2026 Annual Meeting of Stockholders.

How might Bradford T. Sanders' renewable and commodity experience affect Calumet (CLMT) governance?

Sanders' experience in renewables and commodity markets is presented as complementary to the Board's skills, according to the company. That background may inform strategic discussions, though the announcement does not specify committee assignments or direct operational changes.