The company said its board on June 24, 2024 approved the appointment of Jennifer R. Kneale, its current Chief Financial Officer, as President – Finance and Administration, effective July 22, 2024.

1. 01

   The company said its board on June 24, 2024 approved the appointment of Jennifer R. Kneale, its current Chief Financial Officer, as President – Finance and Administration, effective July 22, 2024.

2. 02

   The company said it raised Kneale's annual base salary to $680,000 in her new role and approved an annual long-term incentive award equal to 500% of base salary. Her increased base salary will be prorated from the date of her promotion, and no other terms of her compensation were changed.

3. 03

   The company said it appointed William A. Byers as Chief Financial Officer on June 24, 2024, effective July 22, 2024. Byers, 48 years old, previously served as Chief Financial Officer of Manchester Energy, LLC from June 2022 to June 2024, and of Navitas Midstream Partners, LLC from August 2014 to February 2022.

4. 04

   The company said Byers' base salary is $575,000, his annual cash incentive target bonus is 100% of base salary (with a maximum payout of 200% of target), and his annual long-term incentive is 325% of base salary. His current-year prorated awards for 2024 consist of 3,500 RSUs and 3,500 PSUs.

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Original filing

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