Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Douglas E. Brooks earned $1.88M in total compensation at Chord Energy, including $850.00K salary and $1.01M in stock. Most recently sold 2 shares in Sep 2024. Currently holds stock worth $4.34M. 4+ years at the helm of Chord Energy.

Compensation History

Annual executive compensation data for Douglas E. Brooks, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$1.88M

Salary

$850.00K

Bonus

$0.00

Other

$23.81K

Salary

$850.00K

Board Justification

The compensation program is designed to attract and retain qualified executives, aligning their interests with those of shareholders through performance-based pay.

Bonus

$0.00

Board Justification

No annual bonus was awarded for 2023.

Other Compensation

$23.81K

Board Justification

Includes parking and 401(k) plan match.

Restricted Stock

$1.01M7.35K RSU

Board Justification

7,347 RSUs granted in 2023 that cliff vest on January 1, 2026, subject to continued employment.

Performance Metrics

Performance metrics include achieving specified Company performance goals related to free cash flow generation, operating efficiency, and ESG performance.

C

Douglas E. Brooks

CEO of Chord Energy

Education

Bachelor of Science in Business Management from the University of Wyoming and a Master of Business Administration, Finance from Our Lady of the Lake University in Texas

Field of Expertise

Business & Management

Sector of Economy

Energy

Born

January 1, 1959 - 66 years ago

CEO of Chord Energy for

4 years 11 months (Dec 2020 - Present)

Previous Experience

President and Chief Executive Officer of Energy XXI Gulf Coast, Inc.

Holdings

Track Douglas E. Brooks's stock holdings and portfolio value over time.

Total Stock Sold

$264.42

CHRD

$264.42

2 CHRD shares

What if they kept their stock?

If Douglas E. Brooks didn't sell their stock, today they would have:
Extra CHRD2 shares worth $192.76.
This is -27.1% and $71.66 less than what they got when they sold the stock.

Insider Trading

Douglas E. Brooks's recent stock transactions, purchases, and sales filed with the SEC.

CHRD

$286.36

CHRD at $143.18/share

Sep 10, 2024

Sale

CHRD

1,042 shares

CHRD

May 1, 2024

Received

CHRD

1,385 shares

CHRD

Jun 1, 2023

Received

CHRD

1,740 shares

CHRD

Aug 31, 2022

Received

CHRD

$123.00K

CHRD at $123.00/share

Aug 5, 2022

Purchase

CRC

$73.41K

CRC at $24.47/share

May 17, 2021

Purchase

CRC

32,711 shares

CRC

Jan 25, 2021

Received

Rivals

Compare Douglas E. Brooks with competitor CEOs and industry peers.