In 2020, Thomas B. Nusz earned $8.25M in total compensation at Chord Energy, including $820.00K salary and $1.99M bonus. Led Chord Energy as CEO for 13 years.
Compensation History
Annual executive compensation data for Thomas B. Nusz, including salary, bonuses, and stock awards.
Year
2020
Total Compensation
$8.25M
Salary
$820.00K
Bonus
$1.99M
Other
$5.44M
Salary
$820.00KBoard Justification
The compensation philosophy aims to reward performance that supports long-term strategy and achievement of short-term goals, while attracting and retaining qualified individuals in the oil and gas industry.
Bonus
$1.99MBoard Justification
Time-based cash incentive amounts earned for services performed in 2020, paid in June 2020, subject to clawback if services were not provided through June 30, 2020 or the Company’s emergence from bankruptcy.
Other Compensation
$5.44MBoard Justification
Includes severance benefits due to retirement, calculated as 2.99 times annualized base salary and target bonus, plus COBRA premiums for 18 months.
Restricted Stock
Board Justification
No stock awards vested in 2020 as all equity awards granted in January 2020 were forfeited in June 2020.
Performance Metrics
Performance metrics included free cash flow, cash margin, hedged EBITDA margin, G&A expenses, corporate returns, capital efficiency, and strategic initiatives.
Thomas B. Nusz
Ex-CEO of Chord Energy
Education
Bachelor of Science in Business Management from the University of Wyoming
Field of Expertise
Business & Management
Sector of Economy
Energy
Born
January 1, 1969 - 56 years ago
CEO of Chord Energy for
13 years 9 months (Mar 2007 - Dec 2020)
Previous Experience
President and CEO of Oasis Petroleum Inc.
Other Chord Energy CEOs
Holdings
Track Thomas B. Nusz's stock holdings and portfolio value over time.
Insider Trading
Thomas B. Nusz's recent stock transactions, purchases, and sales filed with the SEC.
No insider trades found for this CEO.
Rivals
Compare Thomas B. Nusz with competitor CEOs and industry peers.
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Bonus
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Salary
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2023 Compensation
Stock
$0.00
Salary
$0.00
Bonus
$0.00
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William M. Hickey III
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2023 Compensation
Stock
$15.00M
Salary
$0.00
Bonus
$0.00
Other
$0.00
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Stock
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Salary
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Bonus
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