EON Resources (NYSE: EONR) names Kyle Bulpitt to Board, Audit Chair
Rhea-AI Filing Summary
EON Resources Inc. is adding a new independent director to its Board. On January 26, 2026, the Board appointed Kyle Bulpitt, age 33, to fill a vacancy created by the December 31, 2025 resignation of Byron Blount. Bulpitt will serve as a Class II director with a term running until the 2027 annual meeting of stockholders or until a successor is duly appointed and qualified.
Bulpitt is a petroleum engineer with extensive oil and gas experience in financial analysis, acquisitions and divestitures, asset-backed securitizations, and reserves analysis. He currently serves as Executive Vice President for Corporate Development at Aethel Energy. At EON Resources, he will chair the Audit Committee and sit on the Compensation and Nominating and Corporate Governance Committees.
For his Board service, Bulpitt will receive an annual cash retainer of $75,000, an annual grant of $75,000 in restricted stock units, and an additional $25,000 retainer for chairing the Audit Committee. The company states there are no family relationships or related party transactions involving Bulpitt that require disclosure. EON Resources also issued a press release on January 27, 2026 announcing his appointment.
Positive
- None.
Negative
- None.
FAQ
What Board change did EONR disclose in this 8-K?
EON Resources Inc. disclosed that on January 26, 2026, its Board appointed Kyle Bulpitt to fill the Board vacancy created by the resignation of director Byron Blount effective December 31, 2025.
What role will Kyle Bulpitt play on the EONR Board and its committees?
Kyle Bulpitt will serve as a Class II director whose term runs until the 2027 annual meeting of stockholders. He will be Chair of the Audit Committee and a member of the Compensation Committee and the Nominating and Corporate Governance Committee.
What is Kyle Bulpitt’s professional background relevant to EONR?
Bulpitt is a petroleum engineer with extensive oil and gas experience in financial analysis for debt and equity financing, acquisitions and divestitures, financial modeling, asset-backed securitization issuances, field economic and development modeling, and petroleum reserves analysis. Since June 2025, he has served as Executive Vice President for Corporate Development at Aethel Energy, and he previously held roles at Legado Capital, Donovan Ventures, and Veld Applied Analytics.
What compensation will EONR pay Kyle Bulpitt as a non-employee director?
For his Board service, Bulpitt will receive the same compensation as other non-employee directors: an annual cash retainer of $75,000, an annual grant of $75,000 in restricted stock units (RSUs), plus an additional $25,000 annual retainer for serving as Audit Committee Chair.
Did EONR disclose any related party relationships involving Kyle Bulpitt?
The company states there are no family relationships between Bulpitt and any director or executive officer and that he was not selected pursuant to any arrangement or understanding with any person. It also states that he has not engaged in any transaction that would be reportable as a related party transaction under Item 404(a) of Regulation S-K.
How did EONR communicate this Board appointment to the market?
EON Resources issued a press release on January 27, 2026 announcing Bulpitt’s appointment. The press release is included as Exhibit 99.1, and is furnished under Item 7.01 as Regulation FD disclosure, meaning it is not deemed “filed” or subject to Section 18 liabilities.