Kaes Van't Hof is the CEO of Diamondback Energy, leading the company since March 2019. With a Bachelor’s degree in Business Administration, he brings a strong business mindset to the energy sector. Before becoming CEO, he worked with Diamondback as...

Number of Employees

1.02K

Year

2023

Total Compensation

$1.75M

Salary

$950.00K

Board Justification

The compensation philosophy aligns with company performance, peer benchmarking, and retention strategies, ensuring that the CEO's interests are aligned with those of shareholders.

Bonus

$300.00K

Board Justification

The bonus is based on the company's performance metrics including revenue growth and operational efficiency for the year 2023.

Other

$50.00K

Board Justification

Other compensation includes retirement contributions and health benefits for the year 2023.

Restricted Stock

$450.00K(15K RSU)

Board Justification

15,000 shares of RSUs vested in 2023 as part of the long-term incentive plan, based on performance criteria being met.

Performance Metrics

Performance metrics include revenue growth, operational efficiency, and total shareholder return.

SEC Filing

From April 25, 2024

Kaes Van't Hof

CEO of Diamondback Energy

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Education

Bachelor's degree in Business Administration

Field of Expertise

Business & Management

Born

January 1, 1974 - 51 years ago

Is Founder?

No

Current Tenure

5 years 10 months (Mar 2019 - Present)

Previous Experience

Senior Vice President of Strategy and Corporate Development at Diamondback Energy, Inc.