Domenic J. Dell'Osso, Jr., commonly known as Nick, is the President and CEO of Chesapeake Energy Corporation, a significant player in the natural gas and oil industry. He took on the role of CEO in October 2021 after serving as...

Domenic J. Dell'Osso, Jr., commonly known as Nick, is the President and CEO of Chesapeake Energy Corporation, a significant player in the natural gas and oil industry. He took on the role of CEO in October 2021 after serving as Chief Financial Officer for several years. Nick's path at Chesapeake started in 2010, moving up the ranks through executive positions. His leadership style focuses heavily on financial performance, sustainability, and shareholder value, reflecting his background in finance. One interesting thing about Nick's compensation is its strong tie to performance metrics like environmental standards and cash generation—he earned around $7.4 million in 2023, with a base salary of $903,654 and a bonus of $1.3 million. In terms of stock holdings, he had a notable vested stock value of about $8.1 million in 2023, although no new stock grants were made that year. His journey underscores a commitment to innovative strategies and sustainable growth in the energy sector.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Chesapeake Energy Corporation CEOs

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Domenic J. Dell’Osso, Jr.

CEO of Chesapeake Energy Corporation

Education

Boston College, University of Texas

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Energy

Born

May 5, 1976 - 49 years ago

CEO of Chesapeake Energy Corporation for

3 years 6 months (Oct 2021 - Present)

Previous Experience

Chief Financial Officer at Chesapeake Energy Corporation

Rivals

Competitors/colleagues of Domenic J. Dell’Osso, Jr.

Holdings

See how much did Domenic J. Dell’Osso, Jr. make over time.

Domenic J. Dell'Osso, Jr. has seen varying levels in his stock holdings during his tenure at Chesapeake Energy. In 2023, he had a vested stock value of approximately $8.1 million, which indicates a strong alignment with company performance. While he...

Domenic J. Dell'Osso, Jr. has seen varying levels in his stock holdings during his tenure at Chesapeake Energy. In 2023, he had a vested stock value of approximately $8.1 million, which indicates a strong alignment with company performance. While he didn't receive new stock grants that year, his previous holdings show significant compensation tied to the company's long-term health and results. Back in 2022, he saw a similar pattern with stock awards valuing about $6.4 million. This fluctuation showcases how his wealth is closely knit with Chesapeake’s market performance, with his net worth held in company stock rising substantially during peak performance years.

Insider Trading

See recent insider trades of Domenic J. Dell’Osso, Jr..

CHK

16,970 shares

CHK

Mar 15, 2024

Received

CHK

16,720 shares

CHK

Mar 15, 2023

Received

CHK

$246.13K

CHK at $82.04/share

Jun 24, 2022

Purchase

CHK

15,911 shares

CHK

Mar 15, 2022

Received

CHK

16,980 shares

CHK

Oct 11, 2021

Received

CHK

16,980 shares

CHK

Oct 11, 2021

Received

CHK

1,000,000 shares

CHK

Mar 15, 2020

Received

CHK

$294.38K

CHK at $0.83/share

Dec 31, 2019

Received

CHK

$100.63K

CHK at $2.01/share

May 24, 2019

Purchase

CHK

589,226 shares

CHK

Mar 7, 2019

Received

Compensation History

See how much did Domenic J. Dell’Osso, Jr. make over time.

In 2023, Nick earned $7.4 million at Chesapeake Energy, proving himself as a performance-focused leader. His compensation package is mostly built upon performance metrics, linking his earnings directly to the energy efficiency and financial success of the company. This includes a fixed salary of $903,654 and a hefty bonus of $1.3 million for hitting set targets. His previous year's compensation, in 2022, was around $8.2 million, driven greatly by the vesting of stock awards totaling nearly $6.4 million. His pay is structured to attract and keep top talent while motivating executives to meet the company objectives and deliver value to shareholders. This strong correlation between compensation and performance metrics signifies a serious push toward sustainable growth in the energy sector while keeping shareholders in mind.

Year

2023

Total Compensation

$10.40M

Salary

$903.65K

Board Justification

The compensation program is designed to attract, retain, and reward top talent while ensuring strong alignment between executive compensation and performance metrics that drive shareholder value.

Bonus

$1.32M

Board Justification

The 2023 amounts in this column represent annual incentive plan program awards earned with respect to the designated year and paid in the following year, as described under the caption '2023 Annual Incentive Program.'

Other

$31.48K

Board Justification

This includes company contributions to retirement plans and other perquisites such as supplemental life insurance premiums and the cost of an annual executive physical.

Restricted Stock

$8.14M(101.01K RSU)

Board Justification

The number of shares of common stock that vested in 2023, which includes restricted stock units and performance share units that were earned based on performance metrics established by the Compensation Committee.

Performance Metrics

The performance metrics for the 2023 AIP were aligned with the metrics and discipline that shareholders value, including ESG, cash generation, and well performance.

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Michael Wichterich

Ex-CEO of Chesapeake Energy Corporation

April 2021 - October 2021