Michael Reger is an influential figure in the oil and gas industry, known for founding Northern Oil and Gas, Inc. in 2006 and serving as its CEO until 2016. After a brief departure, he returned to the company, taking the...
Michael Reger is an influential figure in the oil and gas industry, known for founding Northern Oil and Gas, Inc. in 2006 and serving as its CEO until 2016. After a brief departure, he returned to the company, taking the role of CEO again in 2018. Michael is recognized for his expertise in land acquisition, particularly in the Williston Basin, where his family has a long history. He's not just about numbers; Reger has shown resilience and adaptability throughout his career. For instance, he played a crucial role in significant company events, such as the largest acquisition in Northern's history. His compensation history tells a story of ups and downs, peaking at over $5 million in 2012 and facing drops in years where company performance lagged. In tandem with his professional journey, Reger's strategic decisions, like opting for performance-based stock compensation, reflect a commitment to aligning his interests with shareholders. Interestingly, after his first tenure as CEO, he took on the title of Chairman Emeritus, showing his ongoing influence within the company.