In 2014, Marvin M. Chronister earned $1.58M in total compensation at Civitas Resources, including $500.00K salary and $1.08M in stock.
Compensation History
Annual executive compensation data for Marvin M. Chronister, including salary, bonuses, and stock awards.
Year
2014
Total Compensation
$1.58M
Salary
$500.00K
Bonus
$0.00
Other
$0.00
Salary
$500.00KBoard Justification
The compensation philosophy aims to attract and retain top executive talent, drive accountability for performance, and align executive officers with stockholders' interests through equity-based rewards.
Bonus
$0.00Board Justification
Mr. Chronister was ineligible to receive a bonus under the STIP due to the interim nature of his employment.
Other Compensation
$0.00Board Justification
Restricted Stock
Board Justification
Restricted stock granted in recognition of Mr. Chronister's service as the Company's Interim President and Chief Executive Officer, vesting 1/3 on November 15, 2015, 1/3 on November 15, 2016, and 1/3 on November 15, 2017.
Performance Metrics
The performance metrics for Mr. Chronister's compensation were not applicable due to his interim role.
Marvin M. Chronister
Ex-CEO of Civitas Resources
Education
Not disclosed
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Energy
Born
January 1, 1976 - 49 years ago
CEO of Civitas Resources for
0 years 9 months (Jan 2014 - Nov 2014)
Previous Experience
Independent investor, energy finance and operations consultant
Other Civitas Resources CEOs
Holdings
Track Marvin M. Chronister's stock holdings and portfolio value over time.
Insider Trading
Marvin M. Chronister's recent stock transactions, purchases, and sales filed with the SEC.
No insider trades found for this CEO.
Rivals
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