Leon Navickas is the CEO of Coterra Energy, a company he has been leading since May 2005. Before becoming CEO, he had a long history with Centra, the company he founded, starting from its inception in 1995. He held several...

Current Market Cap

$18.93B

Number of Employees

1.22K

Total Compensation

2017 - 2021

Trending down by -21.63% last year
Showing total compensation for the last 2017 - 2021

Stock

Down by -11.25% last year

Salary

Down by -1.52% last year

Bonus

Down by -100.00% last year

Other

Down by -100.00% last year

Year

2021

Total Compensation

$11.13M

Salary

$1.13M

Board Justification

The compensation program is designed to attract, retain, and engage highly qualified executives and to capture value for shareholders, aligning executive compensation with business strategy and encouraging management to create sustained value for shareholders.

Bonus

$0.00

Board Justification

The annual cash incentive award with a target opportunity of 130% of his annual base salary, determined by the legacy Cimarex compensation committee prior to the Merger and paid by Coterra in 2022.

Other

$0.00

Board Justification

Restricted Stock

$10.00M(488.76K restricted stock)

Board Justification

The transition awards granted to the legacy Cimarex executives were provided for in the Merger Agreement because the legacy Cimarex executives did not receive equity awards in 2021 prior to the effective time of the Merger.

Performance Metrics

The 2021 bonus plan was designed to incentivize desired outcomes for Company financial performance by using measurable, value-generating metrics.

SEC Filing

From March 18, 2022

Leon Navickas

Founder and Ex-CEO of Coterra Energy

LN

Education

Not specified

Field of Expertise

Business & Management

Born

January 1, 1972 - 52 years ago

Is Founder?

Yes

Tenure

16 years 4 months (May 2005 - Oct 2021)

Previous Experience

Founder of Centra, served as Chief Executive Officer and President