Thomas B. Nusz, born in 1969, leads Chord Energy Corporation as its CEO and has a Bachelor's degree in Business Management from the University of Wyoming. He has been at the helm since March 2007, shaping Chord Energy's strategic vision....

Current Market Cap

$7.98B

Number of Employees

531

Total Compensation

2016 - 2020

Trending up by 402.59% last year
Showing total compensation for the last 2016 - 2020

Stock

Up by 0.00% last year

Salary

Down by -6.95% last year

Bonus

Up by 170.21% last year

Other

Up by 23513.07% last year

Year

2020

Total Compensation

$8.25M

Salary

$820.00K

Board Justification

The compensation philosophy aims to reward performance that supports long-term strategy and achievement of short-term goals, while attracting and retaining qualified individuals in the oil and gas industry.

Bonus

$1.99M

Board Justification

Time-based cash incentive amounts earned for services performed in 2020, paid in June 2020, subject to clawback if services were not provided through June 30, 2020 or the Company’s emergence from bankruptcy.

Other

$5.44M

Board Justification

Includes severance benefits due to retirement, calculated as 2.99 times annualized base salary and target bonus, plus COBRA premiums for 18 months.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2020 as all equity awards granted in January 2020 were forfeited in June 2020.

Performance Metrics

Performance metrics included free cash flow, cash margin, hedged EBITDA margin, G&A expenses, corporate returns, capital efficiency, and strategic initiatives.

SEC Filing

From March 18, 2021

Thomas B. Nusz

Ex-CEO of Chord Energy

TB

Education

Bachelor of Science in Business Management from the University of Wyoming

Field of Expertise

Business & Management

Born

January 1, 1969 - 55 years ago

Is Founder?

No

Tenure

13 years 9 months (Mar 2007 - Dec 2020)

Previous Experience

President and CEO of Oasis Petroleum Inc.