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...
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 from the Colorado School of Mines, he's got the educational background to match his leadership role. Under his guidance, Civitas has been focused on long-term shareholder value, tying executive pay to sustainable performance metrics. In 2023, his total compensation hit approximately $12.46 million, with a significant bonus tied to successful acquisitions. Interestingly, in his early years at the company, he emphasized performance-based awards over cash bonuses, showcasing a commitment to aligning interests with shareholders. He's been involved in significant fluctuations in his wealth due to stock holdings, notably observing a growth in his company's stock value from just above $10 million to nearly $15 million within a short span. Not just a business executive, Greager serves on the board of trustees for the Texas Parks and Wildlife Foundation, indicating his community involvement.