Sundar PichaiSundar Pichai earned $164M in 2023

Eric Greager is the President and CEO of Civitas Resources, Inc. since April 2018, bringing over two decades of industry experience to the table. With a Master's Degree in Economics from the University of Oklahoma and a Bachelor's in Engineering...

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Eric Greager

CEO of Civitas Resources

Education

Master's Degree in Economics from the University of Oklahoma and Bachelor's Degree in Engineering from the Colorado School of Mines

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Energy

Born

January 1, 1973 - 52 years ago

CEO of Civitas Resources for

7 years 1 month (Apr 2018 - Present)

Previous Experience

Vice President and General Manager at Encana Oil & Gas (USA) Inc.

Holdings

See how much did Eric Greager make over time.

Eric Greager's holdings in Civitas Resources have seen notable shifts. In 2022, his wealth in company stocks peaked at about $12.67 million in December. However, by September 2023, it escalated to approximately $15.14 million. This impressive growth reflects a strong...

Mar 11, 2025

Insider Trading

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CIVI

49,569 shares

CIVI

Feb 8, 2022

Received

CIVI

39,580 shares

CIVI

Jan 21, 2022

Received

Compensation History

See how much did Eric Greager make over time.

Eric Greager's compensation reflects his significant role at Civitas Resources. In 2023, his total pay reached around $12.46 million, driven primarily by a $2.05 million bonus that recognized his efforts on major acquisitions. Unlike previous years where he had substantial stock rewards, this year favored cash bonuses that tied to immediate company successes. The overall trend in his compensation demonstrates a focus on aligning higher payouts with company performance metrics, emphasizing long-term shareholder value. Even in more challenging years like 2020, he drew in over $2.27 million, maintaining a consistent earnings profile. His compensation plan shows not just the monetary value but a strategic approach to ensure executive pay aligns with overall company performance, which is crucial in today’s dynamic market.

Year

2023

Total Compensation

$3.45M

Salary

$1.35M

Board Justification

The compensation program is designed to align executive pay with long-term performance and shareholder interests, focusing on equity-based incentives and performance metrics.

Bonus

$2.05M

Board Justification

One-time special transaction cash bonus awarded in recognition of efforts related to large-scale acquisitions in 2023

Other

$54.67K

Board Justification

Includes 401(k) employer match, relocation allowance, and reserved parking

Restricted Stock

$0.00(0 RSUs and PSUs)

Board Justification

No stock grants vested in 2023 as the focus was on performance-based awards

Performance Metrics

Absolute Total Shareholder Return (TSR) over a three-year performance period.

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