The estimated Net Worth of Timothy Clossey is at least $1 Million dollars as of 1 February 2018. Mr. Clossey owns over 416 units of Par Pacific stock worth over $798,929 and over the last 10 years he sold PARR stock worth over $0. In addition, he makes $202,500 as Independent Director at Par Pacific.
Timothy has made over 2 trades of the Par Pacific stock since 2017, according to the Form 4 filled with the SEC. Most recently he exercised 416 units of PARR stock worth $7,600 on 1 February 2018.
The largest trade he's ever made was exercising 416 units of Par Pacific stock on 1 February 2018 worth over $7,600. On average, Timothy trades about 19 units every 7 days since 2014. As of 1 February 2018 he still owns at least 43,729 units of Par Pacific stock.
You can see the complete history of Mr. Clossey stock trades at the bottom of the page.
Timothy Clossey serves as Independent Director of the Company. He has served as a member of our Board of Directors since June 2014. Mr. Clossey is the President and owner of Spirit Technologies, a management coaching and engineering consulting services company. Mr. Clossey previously served as Production Manager and Major Projects Director for BP Cherry Point. He was a consultant to the board of directors at SaltChuk Resources on merger and acquisition opportunities and a board member at Timec, Inc., where Mr. Clossey chaired the Audit Committee, organized and chaired a Special Committee of Outside Directors and served on the Compensation Committee. Mr. Clossey served in multiple positions, including most recently as President and CEO of ARCO Marine, Inc. ("ARCO"). As VP Corporate Strategic Planning, Downstream for ARCO, Mr. Clossey was responsible for strategic planning for all of ARCO’s downstream companies. As Vice President of Engineering, Technology and R&D at ARCO, his role was responsible for leading ARCO’s Engineering and Research Center in Anaheim, California. As Manager, Clean Fuels Development Task Force at ARCO, Mr. Clossey lead the reformulated gasoline research and development efforts at the Technical Center as well as served in the government relations role working with industry associations such as Western States Petroleum Association and the American Petroleum Institute, as well as all Federal and State agencies working on reformulated gasoline regulations throughout the nation. Mr. Clossey graduated from Harvard Business School with an Executive Masters of Business Administration. He received his Bachelors of Science degree in Chemical Engineering summa cum laude from Washington State University. Mr. Clossey's extensive and detailed experience in operational aspects of the petroleum refining industry provide the Board with insight into the operation, development, and growth of our businesses.
As the Independent Director of Par Pacific, the total compensation of Timothy Clossey at Par Pacific is $202,500. There are 12 executives at Par Pacific getting paid more, with William Pate having the highest compensation of $2,460,510.
Timothy Clossey is 61, he's been the Independent Director of Par Pacific since 2014. There are 5 older and 12 younger executives at Par Pacific. The oldest executive at Par Pacific Holdings, Inc. is Walter Dods, 78, who is the Independent Director.
Timothy's mailing address filed with the SEC is 825 TOWN AND COUNTRY LANE, SUITE 1500, HOUSTON, TX, 77024.
Over the last 12 years, insiders at Par Pacific have traded over $220,975,563 worth of Par Pacific stock and bought 39,283,166 units worth $124,738,384 . The most active insiders traders include Advisors Llcwhitebox Asymme..., Advisors Llcwhitebox Genera... und Trust Co Llcegi Investors, .... On average, Par Pacific executives and independent directors trade stock every 28 days with the average trade being worth of $6,853,278. The most recent stock trade was executed by Ivan Daniel Guerra on 13 March 2024, trading 6,000 units of PARR stock currently worth $224,940.
Par Pacific Holdings, Inc. owns and operates energy and infrastructure businesses. The company operates through three segments: Refining, Retail, and Logistics. The Refining segment owns and operates three refineries that produces ultra-low sulfur diesel, gasoline, jet fuel, marine fuel, distillate, asphalt, low sulfur fuel oil, and other associated refined products primarily for consumption in Hawaii, Pacific Northwest, Wyoming, and South Dakota. The Retail segment operates 119 fuel retail outlets, which sell merchandise, such as soft drinks, prepared foods, and other sundries in Hawaii under the Hele, 76, and nomnom brands; and gasoline, diesel, and retail merchandise in Washington and Idaho under the Cenex, nomnom, and Zip Trip brand names. The Logistics segment owns and operates terminals, pipelines, a single point mooring, and trucking operations to distribute refined products throughout the island of Oahu, Maui, Hawaii, Molokai, and Kauai. It also leases marine vessels; owns and operates a crude oil pipeline gathering system, a refined products pipeline, storage facilities, and loading racks in Wyoming; and a jet fuel storage facility and pipeline that serves Ellsworth Air Force Base in South Dakota. In addition, this segment owns and operates a marine terminal, a unit train-capable rail loading terminal, storage facilities, a truck rack, and a proprietary pipeline that serves Joint Base Lewis McChord. The company was formerly known as Par Petroleum Corporation and changed its name to Par Pacific Holdings, Inc. in October 2015. Par Pacific Holdings, Inc. was incorporated in 1984 and is headquartered in Houston, Texas.
Par Pacific executives and other stock owners filed with the SEC include: