SunCoke Energy (NYSE: SXC) details planned CFO change and pay terms

Rhea-AI Filing Summary

SunCoke Energy, Inc. reported a planned chief financial officer transition. On January 15, 2026, the company announced that Senior Vice President and CFO Mark W. Marinko will retire effective March 13, 2026, and that Shantanu Agrawal, currently Vice President, Finance and Treasurer, will succeed him as Senior Vice President and CFO.

Agrawal, age 39, joined SunCoke in 2014 and has led key finance and treasury functions such as budgeting, forecasting, financial analysis, cash management, investor relations and procurement. In his new role he will receive an annual base salary of $450,000 and be eligible for an annual non‑equity incentive target equal to 75% of base salary, along with long‑term incentive awards determined by the Board’s Compensation Committee and participation in the company’s existing executive severance and benefit plans. The company states he has no disclosable related‑party transactions or family relationships with directors or executive officers.

Insights

Corporate governance and executive compensation analyst

Planned CFO succession with defined pay package looks orderly.

SunCoke Energy has outlined a scheduled CFO transition, with Mark W. Marinko retiring in mid‑March 2026 and internal candidate Shantanu Agrawal taking over. Emphasizing that this move is part of a planned leadership succession suggests continuity rather than abrupt change.

Agrawal’s long tenure since 2014 and experience overseeing budgeting, forecasting, cash management, investor relations and procurement point to familiarity with SunCoke’s finances. His compensation package, including a $450,000 base salary and a non‑equity incentive target of 75% of salary, is structured around performance incentives and aligned with existing executive plans.

The company states Agrawal has no related‑party transactions or family relationships with current leaders, which supports standard governance practices. Subsequent disclosures in future reports may provide more detail on how the transition affects financial strategy and investor communications.

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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

January 15, 2026

Date of Report (date of earliest event reported)

___________________________________

SunCoke Energy, Inc.

(Exact name of registrant as specified in its charter)

___________________________________

Delaware (State of Incorporation)			001-35243 (Commission File Number)			90-0640593 (IRS Employer Identification Number)
1011 Warrenville Road, Suite 600
Lisle,			IL			60532
(Address of principal executive offices and zip code)

(630)			824-1000
(Registrant's telephone number, including area code)

___________________________________

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:
Title of each class			Trading Symbol			Name of each exchange on which registered
Common stock, par value $0.01			SXC			New York Stock Exchange

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

On January 15, 2026, SunCoke Energy, Inc. (the “Company”) announced Mark W. Marinko’s retirement as Senior Vice President and Chief Financial Officer, effective March 13, 2026. As part of a planned leadership succession process, the Company also announced that Shantanu Agrawal, the Company’s current Vice President, Finance and Treasurer, will succeed Mr. Marinko as Senior Vice President and Chief Financial Officer, effective upon Mr. Marinko’s retirement.

Mr. Agrawal (age 39) joined the Company in 2014 and has assumed progressively responsible leadership roles, leading the Company’s finance and treasury functions, including oversight of budgeting, forecasting, financial analysis, cash management, investor relations and procurement. He has served as Vice President, Finance and Treasurer of SunCoke Energy, Inc. since July 2021. Mr. Agrawal does not have any family relationship with any of the Company's Directors or executive officers or any person nominated or chosen by the Company to be a Director or an executive officer. He has no direct or indirect material interest in any transaction or proposed transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.

As Senior Vice President and Chief Financial Officer, Mr. Agrawal will receive an annual base salary of $450,000, and will be eligible to receive an annual non-equity incentive plan target award equal to 75% of his base salary. He will receive such long-term incentive compensation awards as determined by the Compensation Committee of the Company’s Board of Directors (the “Board”) and will remain eligible to participate in the Company's executive severance plans and its comprehensive benefit plans, including 401(k) defined contribution and related plans.

A copy of the press release announcing Mr. Marinko's retirement, and the Board’s appointment of Mr. Agrawal as Senior Vice President and Chief Financial Officer, is attached as Exhibit 99.1 to this Current Report on Form 8-K. Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of the Registrant under the Securities Act of 1933 or the Exchange Act.

Item 9.01 - Financial Statements and Exhibits.

(d): The following exhibits are being filed herewith:

Exhibit No.						Description
99.1						SunCoke Energy, Inc. Press Release, dated January 15, 2026 (included herewith)
104						Cover Page Interactive Data File (embedded within the Inline XBRL document)

Safe Harbor Statement

Statements contained in this report, or the exhibits to this report, that state the Company's or its management's expectations or predictions of the future are forward-looking statements intended to be covered by the safe harbor provisions of the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended. The Company's actual results could differ materially from those projected in such forward-looking statements. Factors that could affect those results include those mentioned in the documents that the Company has filed with the Securities and Exchange Commission.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized on this 15th day of January, 2026.

SUNCOKE ENERGY, INC.
By:			/s/ John J DiRocco, Jr.
Name:			John J DiRocco, Jr.
Title:			Vice President, Assistant General Counsel and Corporate Secretary

FAQ

What executive change did SunCoke Energy (SXC) disclose in this 8-K?

SunCoke Energy disclosed that Senior Vice President and Chief Financial Officer Mark W. Marinko will retire effective March 13, 2026, and that Shantanu Agrawal, currently Vice President, Finance and Treasurer, will become Senior Vice President and Chief Financial Officer upon Marinko’s retirement.

Who is Shantanu Agrawal, the new CFO of SunCoke Energy (SXC)?

Shantanu Agrawal, age 39, joined SunCoke Energy in 2014 and has held increasingly senior roles leading finance and treasury, including budgeting, forecasting, financial analysis, cash management, investor relations and procurement. He has served as Vice President, Finance and Treasurer since July 2021.

What is the compensation package for SunCoke Energy’s new CFO?

As Senior Vice President and Chief Financial Officer, Shantanu Agrawal will receive an annual base salary of $450,000 and will be eligible for an annual non‑equity incentive plan target award equal to 75% of his base salary. He will also receive long‑term incentive awards determined by the Board’s Compensation Committee and continue to participate in the company’s executive severance and comprehensive benefit plans.

Does the new SunCoke Energy (SXC) CFO have any related-party conflicts?

SunCoke Energy states that Shantanu Agrawal has no family relationship with any of the company’s directors, executive officers, or persons nominated to such roles, and that he has no direct or indirect material interest in any transaction or proposed transaction that would require disclosure under Item 404(a) of Regulation S‑K.

Is the SunCoke Energy CFO change part of a planned succession process?

Yes. The company describes the retirement of Mark W. Marinko and the appointment of Shantanu Agrawal as CFO as part of a planned leadership succession process, indicating an orderly transition rather than an unexpected departure.

What exhibit did SunCoke Energy (SXC) file with this 8-K about the CFO transition?

SunCoke Energy filed Exhibit 99.1, a press release dated January 15, 2026, announcing Mr. Marinko’s retirement and Mr. Agrawal’s appointment as Senior Vice President and Chief Financial Officer. The exhibit is furnished and not deemed filed for liability purposes under Section 18 of the Exchange Act.