Clint Coghill
Amplify EnergyAbout Clint Coghill
Clint Coghill, 53, has served as a member of Amplify Energy’s Board and Lead Independent Director since May 16, 2025. He brings 30+ years as a money manager and software entrepreneur; he founded Backstop Solutions Group and later led ION Analytics’ Investor Segment post-2021 sale. He holds a B.A. in Business Administration (University of Arizona) and an MBA (London Business School) .
Past Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| Backstop Solutions Group, LLC | Founder; Chairman & CEO | Founder 2003–2021; Chairman & CEO 2013–2021 | Sold to ION Analytics in 2021 |
| ION Analytics | Head, Investor Segment | 2021–early 2025 | Joined post-sale of Backstop |
| Coghill Capital Management, LLC | President & Chief Investment Officer | Prior to Backstop leadership | Investment management background |
External Roles
| Organization | Role | Type | Notes |
|---|---|---|---|
| New Moly, LLC | Director | Private company | Board member |
| Coghill Family Foundation | Chairman of the Board | Non-profit | Governance leadership |
Board Governance
- Lead Independent Director appointed May 16, 2025; presides over executive sessions when the Chair is not independent or is absent; Board currently maintains an independent Chair and Lead Independent Director structure .
- Committee assignment: Compensation Committee member as of May 16, 2025; post-Annual Meeting expected Compensation Committee composition: Hamm (Chair), Coghill, Snyder, Adams .
- Independence: Board affirmatively determined Coghill is independent under NYSE standards; independence assessment considered the Cooperation Agreement with his affiliated investor group .
- Board attendance context: In 2024 the Board held 9 meetings; all then-serving directors attended ≥75% of Board/committee meetings. Non-management directors meet regularly in executive session .
Fixed Compensation
| Component | Amount | Notes |
|---|---|---|
| Annual cash retainer (non-employee directors) | $75,000 | Paid quarterly; Chairman retainer $175,000 |
| Committee chair cash retainer | $25,000 | Per committee chair |
| Annual equity grant (RSUs) | $125,000 grant-date fair value | RSUs vest after one year; Chairman RSUs $175,000 |
| Coghill entitlement | Standard annual cash and equity | Entitled to standard non-employee director pay |
Performance Compensation
- No performance-based equity disclosed for directors; director equity is time-based RSUs vesting over one year .
Other Directorships & Interlocks
| Company | Relationship to AMPY | Potential Interlock/Conflict |
|---|---|---|
| New Moly, LLC | Unrelated sector (mining) | None disclosed with AMPY suppliers/customers |
- Related party transactions: The company reported no related party transactions >$120,000 since Jan 1, 2024, other than standard compensation arrangements .
Expertise & Qualifications
- Investment and software entrepreneurship expertise; founder/operator experience at Backstop Solutions; institutional investor software leadership at ION Analytics .
- Finance/investment background via Coghill Capital; governance experience across private/non-profit boards .
- Education: B.A. (University of Arizona); MBA (London Business School) .
Equity Ownership
| Holder | Shares Beneficially Owned | % of Outstanding | Source/date |
|---|---|---|---|
| Stoney Lonesome HF LP | 2,700,347 | Part of group total | (as of May 16, 2025) |
| The Drake Helix Holdings, LLC | 83,000 | Part of group total | (as of May 16, 2025) |
| Clint Coghill (direct) | 2,410 | Part of group total | (as of May 16, 2025) |
| Stoney Group (aggregate) | 2,785,757 | 6.9% | (as of May 16, 2025) |
| Coghill RSU grant | 41,922 RSUs (granted July 1, 2025; one-year vest) | N/A | |
| Stoney Group (aggregate) | ~8.9% | Based on 40,466,053 shares |
- Anti-hedging/anti-pledging: Company policy prohibits hedging and pledging by directors; also restricts margin accounts without approval .
- Stock ownership guidelines: Non-employee directors must hold shares equal to 4× annual cash retainer; five-year compliance window; must retain at least 60% of cumulative shares granted until guideline met; as of report date, directors are in or expected to be in compliance subject to transition period .
Governance Assessment
- Board effectiveness: Appointment as Lead Independent Director plus independence determination under NYSE rules supports robust independent oversight; Coghill sits on the Compensation Committee post-cooperation agreement, providing investor perspective in pay decisions .
- Alignment and incentives: Director pay mix (cash + RSUs) and ownership guidelines (4× retainer; retention requirement) promote alignment; anti-hedging/pledging policy is shareholder-friendly .
- Engagement and attendance signals: Board held 9 meetings in 2024 with ≥75% attendance for all then-serving directors; independent executive sessions are regular, with LID presiding when applicable .
- Potential conflicts: Cooperation Agreement with an investor group (initially ~6.9% and later ~8.9%) includes standstill/voting provisions, mitigating activism-related conflicts; Board explicitly reviewed independence with this context, and no related party transactions >$120k were disclosed .
- Legal/structural protections: Directors receive indemnification; clawback policy applies to executives (not directors) for restatements; independent committee chairs and declassified board strengthen accountability .
Note: We attempted to retrieve recent Form 4 insider transactions via the insider-trades skill for “Coghill” at AMPY (filing date filter), but the request returned an authorization error (401). Ownership and RSU grant disclosures above therefore rely on the DEF 14A and Schedule 13D/A filings cited herein .
Committee Snapshot
| Committee | Role | Effective/Expected Composition |
|---|---|---|
| Compensation Committee | Member | Post-Annual Meeting expected: Hamm (Chair), Coghill, Snyder, Adams |
| Lead Independent Director (Board leadership) | Presides over executive sessions per guidelines | Appointed May 16, 2025 |
Employment & Contracts (Director-specific)
- Cooperation Agreement (May 16, 2025): Appointed as independent director, placed on company slate, designated Lead Independent Director, and named to Compensation Committee; agreement includes customary standstill and voting obligations until the earlier of 30 days before the 2026 nomination deadline or 120 days before the first anniversary of the 2025 Annual Meeting .
- Indemnification: Entered into standard director indemnification agreement consistent with peers ; Company maintains D&O insurance .