CALUMET INC (CLMT)
Sector: Energy
Sector: Energy
CALUMET INC - Executive Compensation
President & Chief Executive Officer
Executive Compensation
Todd Borgmann serves as President and Chief Executive Officer of Calumet, Inc., a master limited partnership and leading independent producer of specialty hydrocarbon products, fuels, and renewable energy solutions. With more than 25 years of experience in the energy sector, Borgmann has built a distinguished career focused on strategic planning, business development, and operational leadership. Prior to joining Calumet, he held progressive roles at Valero Energy Corporation, where he honed his expertise in refining, marketing, and commercial operations, contributing to multimillion-dollar growth initiatives and process optimizations. Borgmann joined Calumet in 2013 as Vice President of Strategic Planning and quickly ascended through key leadership positions, including Senior Vice President of Strategic Planning and Business Development, and Executive Vice President and Chief Operating Officer. In February 2021, he was appointed President and CEO, guiding the company through significant transformations. His tenure has been marked by landmark achievements, such as the strategic pivot to renewable fuels, including the development of the world's first fully commercial sustainable aviation fuel (SAF) facility at Calumet's San Antonio refinery and expansions into renewable diesel production. These efforts have positioned Calumet as a frontrunner in the low-carbon energy transition while delivering strong financial performance amid volatile markets. Under Borgmann's leadership, Calumet continues to prioritize innovation, sustainability, and shareholder value, fostering strategic partnerships and investments that enhance operational efficiency and environmental stewardship. His visionary approach has not only navigated industry challenges like the COVID-19 pandemic and supply chain disruptions but also driven record production volumes and market expansion, solidifying Calumet's role in the global energy landscape.