Brandon Elliott served as the CEO of Northern Oil and Gas, Inc. from July 2018 until December 2019. He has a background in corporate development and spent years shaping the company during his leadership. Before becoming CEO, he was the...

Brandon Elliott served as the CEO of Northern Oil and Gas, Inc. from July 2018 until December 2019. He has a background in corporate development and spent years shaping the company during his leadership. Before becoming CEO, he was the Executive Vice President of Corporate Development and Strategy and had roles in investor relations at CONSOL Energy and as a portfolio manager at Friess Associates. His tenure as CEO included managing the company's growth through challenging market conditions. In 2020, after stepping down, he entered a consulting phase with the company, demonstrating ongoing ties to the industry. Elliott's compensation package included a salary of $360,000 in 2019 and a substantial severance payment of $740,000 upon leaving, emphasizing his significant role during his time in the position. He is known for focusing on aligning the interests of the executives with long-term shareholder value, a principle he integrated into Northern Oil's corporate strategy. Under his leadership, the company aimed for performance-based stock options to motivate the management team and to enhance overall company value.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Northern Oil and Gas CEOs

N

Brandon Elliott

Ex-CEO of Northern Oil and Gas

Field of Expertise

Business & Management - Corporate Development

Sector of Economy

Energy

CEO of Northern Oil and Gas for

1 year 5 months (Jul 2018 - Dec 2019)

Previous Experience

Vice President of Investor Relations at CONSOL Energy Inc.

Rivals

Competitors/colleagues of Brandon Elliott

M

Joseph Wm. Foran

Founder and CEO of Matador Resources

2023 Compensation

Stock

$11.09M

Salary

$1.35M

Bonus

$3.11M

Other

$25.70K

Total Holdings

$26.93M

D

Kaes Van't Hof

CEO of Diamondback Energy

2023 Compensation

Stock

$450.00K

Salary

$950.00K

Bonus

$300.00K

Other

$50.00K

Total Holdings

$16.35M

P

James H. Walter

CEO of Permian Resources

2023 Compensation

Stock

$0.00

Salary

$0.00

Bonus

$0.00

Other

$4.30K

Total Holdings

$163.30M

P

William M. Hickey III

CEO of Permian Resources

2023 Compensation

Stock

$15.00M

Salary

$0.00

Bonus

$0.00

Other

$0.00

Total Holdings

$166.35M

S

Javan D. Ottoson

CEO of SM Energy

2022 Compensation

Stock

$0.00

Salary

$773.08K

Bonus

$1.10M

Other

$167.84K

Total Holdings

$12.79M

O

Brendan McCracken

CEO of Ovintiv

2023 Compensation

Stock

$3.86M

Salary

$1.10M

Bonus

$2.54M

Other

$407.55K

Total Holdings

$7.62M

Holdings

See how much did Brandon Elliott make over time.

Brandon Elliott held a key position in Northern Oil and Gas during his tenure as CEO, where he was known for aligning executive compensation with company performance. In 2019, he earned a total compensation of around $1.9 million, which included...

Brandon Elliott held a key position in Northern Oil and Gas during his tenure as CEO, where he was known for aligning executive compensation with company performance. In 2019, he earned a total compensation of around $1.9 million, which included a salary of $360,000 and equity tied to company performance. After stepping down, he received a severance package valued at $740,000. His shares and options reflected the company's stock performance dynamics, and Elliott was a major stakeholder when he left. The value of his holdings fluctuated as market conditions impacted the sector, demonstrating the volatility common in the oil and gas industry during that period.

Loading...

Insider Trading

See recent insider trades of Brandon Elliott.

No insider trades found for this CEO.

Compensation History

See how much did Brandon Elliott make over time.

In 2019, Brandon Elliott's total compensation package was approximately $1.9 million. His base salary was $360,000, which reflected an increase from the previous year. While his pay included a focus on cash incentives, Elliott also backed performance-based stock awards to motivate the management team. Notably, for his transition out of the CEO role, he secured a severance payment of $740,000, highlighting how his leadership was tied closely with the company's performance metrics. Overall, the structured compensation plan aimed to retain talent and align it with the company's long-term success, reflecting broader industry practices with a performance emphasis.

Year

2020

Total Compensation

$612.88K

Salary

$500.00K

Board Justification

The compensation program is designed to attract and retain key executives, motivate management to enhance long-term stockholder value, and align executive interests with those of stockholders.

Bonus

$50.00K

Board Justification

Each named executive officer was eligible to receive a cash bonus of up to 10% of base salary, awarded based on performance evaluation by the compensation committee.

Other

$62.88K

Board Justification

Includes company 401(k) contributions, vehicle allowances, and supplemental disability policy premiums.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock grants were vested in 2020 as the focus was on cash bonuses and time-based restricted stock awards.

Performance Metrics

The performance metrics for the cash bonus were based on the discretion of the compensation committee, evaluating both company and individual performance.

Other Northern Oil and Gas CEOs

Here are other CEOs of Northern Oil and Gas

Michael Reger

Founder and Ex-CEO of Northern Oil and Gas

May 2018 - August 2016

Nicholas O'Grady

CEO of Northern Oil and Gas

January 2020 - Present