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Martyn Willsher

President and Chief Executive Officer at Amplify Energy
Board
Since January 2021
Age
47 years
Education
Earned a Master of Business Administration from The University of Texas at Austin and a Bachelor of Business Administration in Finance from Texas A&M University.
Tenure
Has been with Amplify Energy since at least May 2017, serving in roles from Vice President and Treasurer, to Senior Vice President and CFO, then as Interim CEO in April 2020, and ultimately as President and CEO since January 2021.

Also at Amplify Energy

DF
Daniel Furbee
Senior Vice President and Chief Operating Officer
ED
Eric Dulany
Vice President and Chief Accounting Officer
EMW
Eric M. Willis
Senior Vice President, General Counsel, and Corporate Secretary

About

Martyn Willsher is the President and Chief Executive Officer of Amplify Energy Corp, having steadily advanced through various leadership positions within the company.

He started by contributing to the company in roles such as Vice President and Treasurer and later as Senior Vice President and CFO, where he played a key role in shaping the company’s financial strategies.

After initially serving as Interim CEO from April 2020, he assumed his current role as President and CEO in January 2021, marking a significant milestone in his career.

With a strong background in financial management and deep industry expertise, his tenure reflects a commitment to strategic leadership and operational excellence.

$AMPY Performance Under Martyn Willsher

Past Roles

Organization Role Date Range Details
Amplify Energy Interim Chief Executive Officer April 2020 - January 2021 Served as Interim CEO before becoming permanent CEO
Amplify Energy Senior Vice President and Chief Financial Officer April 2018 - January 2021 Held role until transition to permanent CEO
Amplify Energy Vice President and Treasurer May 2017 - April 2018 Served in a key treasury role
Memorial Production Partners GP, LLC Treasurer July 2014 - May 2017 Role at the predecessor company
Memorial Resource Development LLC Director of Strategic Planning March 2012 - June 2014 Affiliate role of the predecessor company
AGL Resources Manager, Financial Analysis September 2009 - March 2012 Performed financial analysis functions
Constellation Energy Director – Upstream Oil & Gas A&D August 2006 - March 2009 Led upstream oil & gas analysis
JM Huber Corp. Various roles in Business Development and Financial Analysis N/A Dates not provided
FTI Consulting Various roles in Business Development and Financial Analysis N/A Dates not provided
PricewaterhouseCoopers LLP Various roles in Business Development and Financial Analysis N/A Dates not provided

Fixed Compensation

Data from  FY 2024
Component NameAmount ($USD)Payment ScheduleAdditional Details
Salary539,885 N/ABase salary earned in 2024
Bonus27,040 N/ADiscretionary cash incentive bonus for 2024
All Other Compensation20,700 N/ACompany contributions to the 401(k) plan

Performance Compensation

Data from  FY 2024

Stock Awards

Restricted Stock Units (RSUs)

MetricValueDetails
Grant DateFebruary 1, 2024 Service-based vesting
Number of Units68,274 Vests in equal installments on each of the first three anniversaries
Market Value$409,644 As of December 31, 2024

Performance Stock Units (PSUs)

MetricThreshold / Target / MaximumWeight / Actual PerformanceDetails
Reported Free Cash Flow ($MM)Threshold: $10.0 / Target: $24.3 / Max: $38.6 Actual: $31.3 Tied to PSU vesting conditions
Average Daily Production (Oil) (Mboe/d)Threshold: 6.8 / Target: 8.5 / Max: 10.2 Weight: 19.1% -
Average Daily Production (Natural Gas/NGLs) (Mboe/d)Threshold: 9.2 / Target: 11.5 / Max: 13.7 Weight: 4.7% -
Lease Operating Expense & CapEx ($MM)Threshold: $220.0 / Target: $196.0 / Max: $172.0 Weight: 14.9% -
Cash General & Administrative Expense ($MM)Threshold: $30.0 / Target: $27.0 / Max: $24.0 Weight: 10.2% -
ESG - Total Recordable Incident RateThreshold: 1.9 / Target: 1.1 / Max: 0.3 Weight: 7.2% 3-year average improvement
ESG - Spill RateThreshold: 33.0 / Target: 22.0 / Max: 11.0 Weight: 7.1% 3-year average improvement
ESG Strategy (%)Target: 5% Achieved: 5.0% -

Non-Equity Incentive Plan Compensation

MetricThreshold / Target / MaximumWeightActual PerformanceDetails
Reported Free Cash Flow ($MM)Threshold: $10.0 / Target: $24.3 / Max: $38.6 30%Actual: 31.3% -
Average Daily Production (Oil) (Mboe/d)Threshold: 6.8 / Target: 8.5 / Max: 10.2 20%Actual: 19.1% -
Average Daily Production (Natural Gas/NGLs) (Mboe/d)Threshold: 9.2 / Target: 11.5 / Max: 13.7 5%Actual: 4.7% -
Lease Operating Expense & CapEx ($MM)Threshold: $220.0 / Target: $196.0 / Max: $172.0 20%Actual: 14.9% -
Cash General & Administrative Expense ($MM)Threshold: $30.0 / Target: $27.0 / Max: $24.0 10%Actual: 10.2% -
ESG - Total Recordable Incident RateThreshold: 1.9 / Target: 1.1 / Max: 0.3 5%Actual: 7.2% 3-year average improvement
ESG - Spill RateThreshold: 33.0 / Target: 22.0 / Max: 11.0 5%Actual: 7.1% 3-year average improvement
ESG Strategy (%)Target: 5% 5%Achieved: 5.0% -