UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On April 23, 2025, the Board of Directors (the “Board”) of World Kinect Corporation (the “Company”) appointed Jeffrey M. Kottkamp as a director of the Company. Mr. Kottkamp is expected to be appointed to the Audit Committee following the Company’s 2025 Annual Shareholder Meeting. Mr. Kottkamp spent 40 years at Deloitte & Touche USA LLP, an audit, consulting, tax and advisory service provider, before retiring in 2023 after having served as a partner for nearly 30 years. At Deloitte, Mr. Kottkamp served in significant leadership roles, including National Managing Partner of the US Securities Industry Audit Practice, Northeast Regional Managing Partner of the US Audit Practice, Senior Audit Client Service Partner and Vice Chair of the US Audit Firm. Mr. Kottkamp also served as Senior Partner, Global Financial Services Audit Practice and Global Audit & Assurance Quality Leader for Deloitte Touche Tohmatsu Ltd. A copy of the Company’s press release announcing the appointment of Mr. Kottkamp is attached hereto as Exhibit 99.1 and incorporated herein by reference.
Mr. Kottkamp will receive the standard non-employee director compensation for serving on the Board and its committees, including 862 restricted stock units representing a pro-rated portion of the annual director equity grant, which will vest on the day prior to the Company’s 2025 annual shareholder meeting. The Company also entered into a director indemnification agreement with Mr. Kottkamp, substantially in the form attached as Exhibit 99.2 hereto.
There is no arrangement or understanding between Mr. Kottkamp and any other person pursuant to which Mr. Kottkamp was selected as a director of the Company. Mr. Kottkamp is not a party to any transaction that would require disclosure under Item 404(a) of Regulation S-K.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
| Exhibit No. | Description | |
| 99.1 | Press Release, dated April 23, 2025 | |
| 99.2 | World Kinect Corporation Form of Director Indemnification Agreement | |
| 104 | Cover Page Interactive Data File, formatted in inline XBRL | |
SIGNATURES
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 thereunto duly authorized.
Date: April 25, 2025
| World Kinect Corporation |
| /s/ Joel M. Williams |
| Joel M. Williams Assistant Corporate Secretary |