In 2023, Christopher L. Conoscenti earned $3.68M in total compensation at Sitio Royalties, including $850.00K salary and $2.80M in stock. Most recently acquired 63,131 shares in Feb 2024. Currently holds stock worth $6.95M. 2+ years at the helm of Sitio Royalties.
Compensation History
Annual executive compensation data for Christopher L. Conoscenti, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$3.68M
Salary
$850.00K
Bonus
$0.00
Other
$32.30K
Salary
$850.00KBoard Justification
The compensation philosophy emphasizes performance-based compensation aligned with shareholder interests, focusing on long-term value creation through equity-based incentives tied to absolute total shareholder return.
Bonus
$0.00Board Justification
No short-term incentive compensation / cash bonus for executives in 2023
Other Compensation
$32.30KBoard Justification
Includes 401(k) contributions, life insurance premiums, and tax distributions related to restricted securities.
Restricted Stock
Board Justification
The number of shares acquired on vesting during 2023, reflecting the vested RSUs and PSUs based on performance metrics achieved.
Performance Metrics
The primary performance metric for compensation is the absolute total shareholder return (TSR) over a three-year period.
Christopher L. Conoscenti
CEO of Sitio Royalties
Education
Bachelor of Arts degree from the University of Notre Dame and a Juris Doctor and a Master of Business Administration from Tulane University.
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Basic Materials
CEO of Sitio Royalties for
2 years 10 months (Dec 2022 - Present)
Previous Experience
Worked in Oil & Gas Investment Banking at J.P. Morgan Securities LLC and Credit Suisse.
Holdings
Track Christopher L. Conoscenti's stock holdings and portfolio value over time.
Insider Trading
Christopher L. Conoscenti's recent stock transactions, purchases, and sales filed with the SEC.
63,131 shares
STR
Feb 27, 2024
Received
$50.48K
STR at $20.19/share
Mar 17, 2023
Purchase
$221.20K
STR at $22.12/share
Mar 13, 2023
Purchase
58,486 shares
STR
Mar 1, 2023
Received
103,615 shares
STR
Dec 29, 2022
Received
92,858 shares
STR
Dec 29, 2022
Received
103,615 shares
STR
Jun 10, 2022
Received
92,858 shares
STR
Jun 7, 2022
Received
Rivals
Compare Christopher L. Conoscenti with competitor CEOs and industry peers.
Joseph Wm. Foran
Founder and CEO of Matador Resources
2023 Compensation
Stock
$11.09M
Salary
$1.35M
Bonus
$3.11M
Other
$25.70K
Total Holdings
$248.76M
Kaes Van't Hof
CEO of Diamondback Energy
2023 Compensation
Stock
$450.00K
Salary
$950.00K
Bonus
$300.00K
Other
$50.00K
Total Holdings
$15.80M
James H. Walter
CEO of Permian Resources
2023 Compensation
Stock
$0.00
Salary
$0.00
Bonus
$0.00
Other
$4.30K
Total Holdings
$141.49M
William M. Hickey III
CEO of Permian Resources
2023 Compensation
Stock
$15.00M
Salary
$0.00
Bonus
$0.00
Other
$0.00
Total Holdings
$46.73M
Brendan McCracken
CEO of Ovintiv
2023 Compensation
Stock
$3.86M
Salary
$1.10M
Bonus
$2.54M
Other
$407.55K
Total Holdings
$7.57M