# EDGAR Filing Document

**Accession Number:** 0001323468
**File Stem:** 0001157523-23-000384
**Filing Date:** 2023-3
**Character Count:** 11427
**Document Hash:** 37058b8a5dcc816523912ca604747714
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001157523-23-000384.hdr.sgml**: 20230301

**ACCESSION NUMBER**: 0001157523-23-000384

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20230223

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230301

**DATE AS OF CHANGE**: 20230301

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GLOBAL PARTNERS LP
- **CENTRAL INDEX KEY:** 0001323468
- **STANDARD INDUSTRIAL CLASSIFICATION:** WHOLESALE-PETROLEUM BULK STATIONS & TERMINALS [5171]
- **IRS NUMBER:** 743140887
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-32593
- **FILM NUMBER:** 23693573

**BUSINESS ADDRESS:**
- **STREET 1:** P.O. BOX 9161
- **STREET 2:** 800 SOUTH STREET, SUITE 500
- **CITY:** WALTHAM
- **STATE:** MA
- **ZIP:** 02454
- **BUSINESS PHONE:** (781) 894-8800

**MAIL ADDRESS:**
- **STREET 1:** P.O. BOX 9161
- **STREET 2:** 800 SOUTH STREET, SUITE 500
- **CITY:** WALTHAM
- **STATE:** MA
- **ZIP:** 02454

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Global Partners LP
- **DATE OF NAME CHANGE:** 20050411

### UNITED STATES

### SECURITIES AND EXCHANGE COMMISSION

#### WASHINGTON, DC 20549

------

### FORM 8-K

#### CURRENT REPORT

#### Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

#### Date of report (Date of earliest event reported): February 23, 2023

### GLOBAL PARTNERS LP

#### (Exact name of registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| **Delaware**<br>| **001-32593**<br>| **74-3140887**<br>|
| (State or other jurisdiction<br> of incorporation) | (Commission<br> File Number) | (IRS Employer<br> Identification No.) |

---

#### P.O. Box 9161

#### 800 South Street

#### Waltham, Massachusetts 02454-9161
(Address of Principal Executive Offices)

**(781) 894-8800**

(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:

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |
|  Common Units representing limited partner interests | GLP<br>| New York Stock Exchange<br>|
| 9.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units representing limited partner interests | GLP pr A<br>| New York Stock Exchange<br>|
| 9.50% Series B Fixed Rate Cumulative Redeemable Perpetual Preferred Units representing limited partner interests | GLP pr B<br>| New York Stock Exchange<br>|

---

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ☐

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.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On February 23, 2023, the Members of Global GP LLC (the "Company"), the general partner of Global Partners LP (the "Partnership"), approved the appointment of Ms. Clare McGrory to the Company's Board of Directors (the "Board"), commencing March 1, 2023 and continuing through December 31, 2023. Ms. McGrory was also appointed to serve on the Board's Audit Committee, Compensation Committee and Conflicts Committee. As of February 24, 2023, the Board determined that Ms. McGrory qualifies as "independent" under the director independence standards set forth in the rules and regulations of the Securities and Exchange Commission and the applicable listing standards of the New York Stock Exchange.

Ms. McGrory has over twenty-five years of accounting and financial work experience with both public and private companies, including holding a variety of accounting, finance and investor relations roles during her thirteen-year combined employment by Sunoco, Inc., a publicly traded corporation which operated an integrated refining, fuel supply and retail network and Sunoco LP, a publicly traded MLP retail marketing and fuel distribution business. Since 2015, Ms. McGrory has served as Chief Financial Officer and Chief Compliance Officer for Atairos Management, L.P., a $6B private investment company focused on backing growth-oriented businesses across a wide range of industries. Ms. McGrory is a graduate of Villanova University and Villanova School of Business Executive MBA Program and is an adjunct professor at Villanova University.

Ms. McGrory will participate in the Company's standard independent director compensation program. Pursuant to this program, Ms. McGrory will receive compensation in connection with her service on the Board and the Board's Audit Committee, Compensation Committee and Conflicts Committee consistent with compensation received by the independent directors in respect of their 2022 service as disclosed in the Partnership's Annual Report on Form 10-K for the year ended December 31, 2022.

**Item 7.01.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Regulation FD Disclosure**

On March 1, 2023, the Partnership issued a press release announcing the appointment of Ms. McGrory to the Board. A copy of the Partnership's press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

In accordance with General Instruction B.2 of Form 8-K, the information set forth in this Item 7.01 and in Exhibit 99.1 shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, unless the Partnership specifically states that the information is to be considered "filed" under the Exchange Act or incorporates it by reference into a filing under the Exchange Act or the Securities Act of 1933, as amended.

#### Item 9.01.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial Statements and Exhibits
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Exhibit

&nbsp;&nbsp;&nbsp;&nbsp; [99.1](a53354574ex99_1.htm)\*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [Global Partners LP Press Release dated March 1, 2023](a53354574ex99_1.htm)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 104&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cover Page Interactive Data File (embedded within the Inline XBRL document)

\*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Furnished herewith

------

#### 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.

---

| | | |
|:---|:---|:---|
|  | **GLOBAL PARTNERS LP** | **GLOBAL PARTNERS LP** |
|  | By: | Global GP LLC |
|  |  | its general partner |
| Dated: March 1, 2023 | By: | /s/ Sean T. Geary |
|  |  | Sean T. Geary |
|  |  | Chief Legal Officer and Secretary |

---

## Exhibit 99.1

**Exhibit 99.1**<br>

**** 

<br> # **Global Partners Announces the Appointment of Clare McGrory to its Board of Directors** 
 ***CFO of Private Investment Firm Brings Strategic Growth and Operations Execution Experience, Aligning with the Partnership's Goals*** 

WALTHAM, Mass.--(BUSINESS WIRE)--March 1, 2023--Global Partners LP (NYSE: GLP) today announced the appointment of Ms. Clare McGrory to the Board of Directors of its general partner, Global GP LLC, effective March 1.

Ms. McGrory is the Chief Financial Officer (CFO) and Chief Compliance Officer (CCO) as well as a Partner at Atairos, a $6 billion independent strategic investment firm focused on backing growth-oriented businesses across a wide range of industries. Clare joined Atairos after 13 years of experience in the energy industry, including serving as the Chief Financial Officer, EVP, and Treasurer of Sunoco, LP (NYSE: SUN), a publicly traded retail marketing and fuel distribution business. Prior to becoming CFO, she served in various finance and investor relations roles at Sunoco.

"On behalf of the board and leadership team, I am delighted to welcome Clare to Global Partners," said Eric Slifka, President and CEO of Global Partners and Vice Chairman of Global GP LLC. "Our board will benefit from Clare's strong leadership and diverse industry knowledge. Through her investment industry background as CFO and CCO, Clare understands how company operations contribute to overall value. Her experience in roles of increasing responsibility at Sunoco demonstrates a track record of creating and implementing long-term business growth initiatives, a skillset that makes her a perfect addition to our board."

Ms. McGrory received a Bachelor of Science degree in accounting from Villanova University and a Master of Business Administration from the Villanova School of Business (VSB) Executive MBA Program. She is a member of VSB's Dean's Advisory Council, is an adjunct professor at Villanova University and serves on the Board of Directors for the Boys & Girls Clubs of Philadelphia.

The appointment of Ms. McGrory increases the number of Global Partners, LP directors to 7, of which 5 are independent.

 **About Global Partners LP**

With approximately 1,700 locations throughout the Northeast and mid-Atlantic, Global is one of the region's largest independent owners, suppliers and operators of gasoline stations and convenience markets. Global also owns, controls or has access to one of the largest terminal networks in New England and New York, through which it distributes gasoline, distillates, residual oil and renewable fuels to wholesalers, retailers and commercial customers. In addition, Global engages in the transportation of petroleum products and renewable fuels by rail from the mid-continental U.S. and Canada. For additional information, visit www.globalp.com.

## Contacts
 *Investor Relations* <br> Gregory B. Hanson <br> Chief Financial Officer <br> Global Partners LP <br> (781) 894-8800

 *Media* <br> Catie Kerns <br> SVP, Corporate Affairs and Sustainability <br> Global Partners LP <br> (781) 894-8800