Ezra Y. Yacob, CEO of EOG Resources, has made significant investments in the company. He holds several performance units and restricted stock awards that are intended to align his interests with shareholders. As of 2022, he has over 130,000 performance...
Ezra Y. Yacob, CEO of EOG Resources, has made significant investments in the company. He holds several performance units and restricted stock awards that are intended to align his interests with shareholders. As of 2022, he has over 130,000 performance units that are tied to EOG’s success over multiple years. However, in 2023, there were no stocks vested, indicating a focus on long-term results rather than short-term gains. The stock performance units are designed to mature only after a three-year review period, which keeps Yacob invested in the company’s future. His holdings are a big piece of his overall wealth, showcasing a commitment to the company amid fluctuating market conditions. At the start of his tenure, his compensation strategy indicated that he believed in tying his success directly to the growth of EOG.