Murphy USA names new principal accounting officer
Murphy USA Inc. (MUSA) reported that its Board of Directors appointed Anish K. Shah as Vice President & Controller, effective September 1, 2026, and he will also serve as the company’s principal accounting officer.
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Form Type
8-K
Rhea-AI Filing Summary
Murphy USA Inc. (MUSA) reported that its Board of Directors appointed Anish K. Shah as Vice President & Controller, effective September 1, 2026, and he will also serve as the company’s principal accounting officer. On that date, Senior Vice President, Chief Financial Officer and Treasurer Donald R. Smith, Jr. will cease serving as principal accounting officer but will continue in his existing senior finance roles.
Shah, age 53, brings more than 30 years of accounting, finance, audit and advisory experience, most recently as an Assurance Partner at PricewaterhouseCoopers LLP working with energy, utilities and renewables clients. His compensation package includes an annual base salary of $360,000, a target annual cash bonus opportunity equal to 50% of base salary, and a target long-term equity incentive award opportunity equal to 80% of base salary. He will also receive a one-time cash sign-on bonus of $25,000 and may receive relocation benefits under company policy. The company states there are no family relationships or related-party transactions involving Shah that require disclosure.
Insights
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8-K Event Classification
2 items: 5.02, 9.01
2 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Effective date of appointment: September 1, 2026
Annual base salary: $360,000
Target annual cash bonus: 50% of base salary
+3 more
6 metrics
Effective date of appointment
September 1, 2026
Date Anish K. Shah becomes Vice President & Controller and principal accounting officer
Annual base salary
$360,000
Base salary for Anish K. Shah under his offer letter
Target annual cash bonus
50% of base salary
Bonus opportunity for Anish K. Shah
Target long-term equity incentive award
80% of base salary
Long-term equity incentive opportunity for Anish K. Shah
Sign-on bonus
$25,000
One-time cash sign-on bonus for Anish K. Shah
Age of appointee
53 years
Age of Anish K. Shah at the time of appointment
Key Terms
principal accounting officer, long-term equity incentive award, relocation benefit
3 terms
principal accounting officer financial
"will also serve as the principal accounting officer of the Company"
The Principal Accounting Officer is the person responsible for making sure a company's financial records are accurate and follow the rules. They play a key role in preparing financial reports that show how well the company is doing. This helps investors, managers, and regulators trust the company's financial information.
long-term equity incentive award financial
"his target long-term equity incentive award opportunity will be 80% of his base"
relocation benefit financial
"eligible to receive a relocation benefit in accordance with Company policy"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What executive change did Murphy USA Inc. (MUSA) announce on September 2, 2026?
Murphy USA announced that its Board appointed Anish K. Shah as Vice President & Controller and principal accounting officer effective September 1, 2026. Donald R. Smith, Jr. will stop serving as principal accounting officer but remain Senior Vice President, Chief Financial Officer and Treasurer.
What is the compensation package for the new principal accounting officer at MUSA?
Anish K. Shah will receive an annual base salary of $360,000, a target annual cash bonus of 50% of base salary, and a target long-term equity incentive award of 80% of base salary. He will also receive a one-time $25,000 cash sign-on bonus and may receive relocation benefits.
When does Anish K. Shah’s appointment at Murphy USA (MUSA) become effective?
His appointment as Vice President & Controller and principal accounting officer becomes effective on September 1, 2026. On the same date, Donald R. Smith, Jr. ceases to serve as principal accounting officer while continuing as Senior Vice President, Chief Financial Officer and Treasurer.
What prior experience does Anish K. Shah bring to Murphy USA Inc. (MUSA)?
Anish K. Shah has more than 30 years of accounting, finance, audit and advisory experience. He previously served as an Assurance Partner at PricewaterhouseCoopers LLP, working with public and private companies in the energy, utilities and renewables sectors and holding leadership roles in audit quality and regulatory compliance.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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
Date of report (Date of earliest event reported): September 2, 2026 (August 31, 2026 )
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | |||||||||
| | |||||||||||
| (Address of principal executive offices) | (Zip Code) | ||||||||||
(870 ) 875-7600
(Registrant's telephone number, including area code)
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
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 (see General Instruction A.2. below):
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading symbol(s) | Name of each exchange on which registered | ||||||
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).
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
On August 31, 2026, the Board of Directors of Murphy USA Inc. (“Murphy USA” or the “Company”) appointed Anish K. Shah as the Vice President & Controller of the Company, effective as of September 1, 2026. Upon his appointment, Mr. Shah will also serve as the principal accounting officer of the Company. In connection with Mr. Shah’s appointment, Donald R. Smith, Jr., the Company’s current Senior Vice President, Chief Financial Officer and Treasurer will cease serving as the Company’s principal accounting officer on the same date.
Mr. Shah, age 53, has more than 30 years of accounting, finance, audit and advisory experience. Prior to joining Murphy USA, he served as an Assurance Partner with PricewaterhouseCoopers LLP ("PwC"), where he audited and consulted with public and private company clients in the energy, utilities and renewables sectors. Prior to retiring from PwC in 2026, Mr. Shah held various leadership positions involving audit quality, regulatory compliance, internal controls, financial reporting matters and client service delivery.
In connection with his appointment, Mr. Shah entered into an offer letter, pursuant to which his annual base salary will be $360,000, his target annual cash bonus opportunity will be 50% of his base salary and his target long-term equity incentive award opportunity will be 80% of his base salary. In addition, Mr. Shah will receive a one-time cash sign-on bonus of $25,000 and is also eligible to receive a relocation benefit in accordance with Company policy.
There are no family relationships between Mr. Shah and any officer or director of the Company, or any other arrangement or understanding between Mr. Shah and any other person pursuant to which he was appointed as Vice President & Controller. Mr. Shah does not have any direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
| Exhibit Index | ||||||||
| Exhibit Number | Description | |||||||
| 101 | Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document | |||||||
| 104 | The cover page from this Current Report on Form 8-K, formatted as Inline XBRL | |||||||
Signature
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 hereunto duly authorized.
MURPHY USA INC. | |||||||||||
| Date: | September 2, 2026 | By: /s/ Donald R. Smith, Jr. | |||||||||
Donald R. Smith, Jr. | |||||||||||
| Senior Vice President, Chief Financial Officer and Treasurer | |||||||||||