HF Sinclair to Name New CEO Starting January 2027
The energy firm will transition to new leadership on January 1, 2027, as current COO Steve Ledbetter takes the helm.
Updated on Oct. 28, 2026 in People
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HF Sinclair will undergo a leadership transition on Jan. 1, 2027, as current President and COO Steve Ledbetter assumes the role of President and CEO. Ledbetter will succeed Franklin Myers, who currently serves as the company's chief executive.
Why it matters
The transition marks a strategic handoff for the energy company, which also plans to expand its board membership in conjunction with Ledbetter joining the board at a future date.
The leadership change at HF Sinclair involves one CEO successor moving from his current role as president and chief operating officer.
The players
HF Sinclair
An energy company that refines and markets petroleum products across a large-scale industrial footprint.
Steve Ledbetter
The current president and chief operating officer of HF Sinclair who is slated to become CEO.
Franklin Myers
The current CEO of HF Sinclair who will be succeeded by Steve Ledbetter.
The details
The board of directors selected Ledbetter to step into the dual role of president and CEO effective at the start of 2027. This shift follows the company's established corporate governance procedures for leadership succession and board composition adjustments.
Timeline
Jan. 1, 2027: Steve Ledbetter takes over as president and CEO.
Market Landscape
This leadership transition follows the operational integration established after the 2022 merger that formed HF Sinclair. The move signals a continuity-focused succession plan for the firm.
Operators should watch for potential shifts in corporate strategy or procurement priorities as the company prepares for a new CEO in 2027. Monitoring the planned board expansion may provide early signals on the company's long-term governance and investment focus.
The takeaway
Leadership successions require tracking potential shifts in high-level corporate goals and operational management styles. Operators should calendar the January 1, 2027, transition date to monitor any updates in company guidance or supplier relationship management.
Further reading
For broader insights on industry executive shifts, see our People section.
Source note: This article includes information reported by TokenPost.
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