What changed
Chord Energy's board approved a $950,000 annual base salary for Mr. Lou as President & Chief Executive Officer, with a performance-based cash incentive target of 125% of base salary, pro-rated from October 19, 2026. He also received a one-time restricted stock unit award of 6,543 units granted October 29, 2026, vesting in equal installments on January 23, 2027, January 23, 2028 and January 23, 2029, subject to continued employment. Mr. Lou will receive no additional compensation for service as a director.
Why it matters
Chord Energy's board approved a $950,000 annual base salary for Mr. Lou as President & Chief Executive Officer, with a performance-based cash incentive target of 125% of base salary, pro-rated from Oc
← Dashboard
Nov 03, 2026 04:47 PM ET