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    John J. Christmann IV

    CEO at APA Corp (US)
    Board
    Since 2024
    Age
    57 years
    Education
    Holds a degree from the University of Texas.
    Tenure
    Joined APA in 1997 and progressed through roles including Production Manager, Vice President for Business Development, Region Vice President, and Executive Vice President and Chief Operating Officer before becoming CEO in 2015 and resuming the CEO role in 2024.

    Also at APA Corp (US)

    DCB
    D. Clay Bretches
    EVP, Operations
    RAH
    Rebecca A. Hoyt
    SVP, Chief Accounting Officer
    SJR
    Stephen J. Riney
    President and CFO

    About

    John J. Christmann IV has established a notable presence in the oil and gas industry, demonstrating a blend of deep industry expertise and strong leadership. His early career laid the foundation for a trajectory marked by progressive responsibility and operational excellence.

    Since joining APA in 1997, he has steadily advanced through various management positions, developing comprehensive operational knowledge and strategic insight. His roles have spanned from managing production on the Gulf Coast to spearheading business development initiatives, culminating in his appointment as CEO.

    In his executive tenure, he has been instrumental in refining APA’s strategic direction, navigating complex market dynamics, and driving value through mergers and acquisitions. His commitment to operational success and community involvement, underscored by his affiliation with the University of Texas MD Anderson Cancer Center, reflects a blend of professional dedication and personal responsibility.

    $APA Performance Under John J. Christmann IV

    Past Roles

    OrganizationRoleDate RangeDetails
    APA CorporationExecutive Vice President and Chief Operating Officer, North AmericaN/AFormer role prior to becoming CEO
    APA CorporationRegion Vice President, Permian RegionN/AFormer role prior to becoming CEO
    APA CorporationVice President, Business DevelopmentN/AFormer role prior to becoming CEO
    APA CorporationProduction Manager, Gulf Coast RegionN/AFormer role prior to becoming CEO

    Fixed Compensation

    Data from  FY 2023
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary$1,300,000 AnnualFixed annual base salary
    Company Contributions to Retirement Plans$43,500 AnnualDefined contribution for retirement
    Company Contributions to Non-Qualified Plans$476,838 AnnualNon-qualified plan contributions
    Life Insurance Premiums$14,733 AnnualPremiums paid for life insurance
    Use of Company Property$34,897 AnnualCompensation for use of company property
    Enhanced Long-Term Disability; Annual Physicals$36,331 AnnualIncludes enhanced LTD and annual physicals
    Workplace Giving Program$5,000 AnnualDonation/charitable giving component

    Performance Compensation

    Data from  FY 2023

    Annual Incentive Award

    MetricValueNotes
    Base Salary$1,300,000 Used as the multiplier in the incentive formula
    Target Annual Incentive$1,690,000 130% of base salary
    Maximum Annual Incentive$3,380,000 200% of the target incentive
    Corporate Performance Result146% Based on 80% quantitative metrics and 20% strategic goals
    Individual Performance Result100% Evaluated by the MD&C Committee
    Actual Payout$2,467,400 Calculated by: Base Salary × Target % × Performance multipliers
    VestingN/ACash-based incentive; no vesting applicable

    Long-Term Incentive Awards - Performance Shares

    MetricThreshold (Shares)Target (Shares)Maximum (Shares)Grant Date Fair Value
    TSR7,217 48,114 96,227 $2,990,260
    CROIC24,057 48,114 96,227 $2,119,885
    Sustainability12,028 24,057 48,114 $1,059,943

    Total Grant Date Fair Value of Performance Shares: $6,170,088

    Vesting Schedule:

    • Vesting over a three-year performance period covering January 1, 2023 to December 31, 2025 .
    • 50% of the adjusted shares vest upon certification of performance results.
    • The remaining 50% vest on the first trading day on or after the anniversary of the first trading day following the performance period.

    Evaluation & Conditions:

    • Awards are contingent on achieving performance conditions tied to corporate metrics (TSR, CROIC, Sustainability) with potential payouts ranging from 0% to 200% of the target award.
    • Performance metrics combine both quantitative and strategic factors to align executive pay with company performance.