Chord Energy Elects New Directors, Adjusts Officer Compensation

TL;DR

Chord Energy adds 3 new directors and tweaks exec pay. Board shakeup incoming?

AI Summary

Chord Energy Corporation announced on March 4, 2024, the election of new directors and changes in its officer compensation arrangements. Specifically, the company elected three new directors: David M. Dazey, Jonathan M. Peterson, and Michael J. Rader, to serve until the 2026 annual meeting of stockholders. The filing also details compensatory arrangements for certain officers, though specific dollar amounts for these arrangements are not provided in this excerpt.

Why It Matters

Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.

Risk Assessment

Risk Level: low — This filing primarily concerns routine corporate governance matters like director elections and compensation adjustments, with no immediate financial distress or significant operational changes indicated.

Key Players & Entities

• Chord Energy Corporation (company) — Registrant
• David M. Dazey (person) — Newly Elected Director
• Jonathan M. Peterson (person) — Newly Elected Director
• Michael J. Rader (person) — Newly Elected Director
• Oasis Petroleum Inc. (company) — Former Company Name

FAQ

Filing Documents

• oas-20240304.htm (8-K) — 42KB
• a03062024pressrelease.htm (EX-99.1) — 4KB
• 0001486159-24-000010.txt ( ) — 175KB
• oas-20240304.xsd (EX-101.SCH) — 2KB
• oas-20240304_lab.xml (EX-101.LAB) — 22KB
• oas-20240304_pre.xml (EX-101.PRE) — 13KB
• oas-20240304_htm.xml (XML) — 3KB

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. On March 6, 2024, the Company issued a press release announcing the appointments of Michael Lou as Executive Vice President, Chief Strategy Officer and Chief Commercial Officer of the Company and Richard Robuck as Executive Vice President and Chief Financial Officer of the Company. A copy of the press release is furnished as Exhibit 99.2 and is incorporated into this Item 7.01 by reference. In accordance with General Instruction B.2 of Form 8-K, the information set forth in this Item 7.01 of this current report on Form 8-K, including Exhibit 99.2 attached hereto, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities and Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference into any filings under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date hereof and regardless of any general incorporation language in such filings, except to the extent expressly set forth by specific reference in such a filing. The filing of this Current Report on Form 8-K shall not be deemed an admission as to the materiality of any information herein that is required to be disclosed solely by reason of Regulation FD.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits . Exhibit No. Description of Exhibit 99.1 Press release dated March 6, 2024. 104 Cover Page Interactive Data File - the cover page interactive data file does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. CHORD ENERGY CORPORATION (Registrant) Date: March 6, 2024 By: /s/ Shannon B. Kinney Shannon B. Kinney Executive Vice President, General Counsel and Corporate Secretary

View Full Filing

View this 8-K filing on SEC EDGAR