Vasiliki (Vicky) Sutil
About Vasiliki (Vicky) Sutil
Independent director at Antero Resources since 2019 (age 60). Chairs the Board’s Environmental, Social and Governance (ESG) Committee and serves on the Audit Committee. Prior roles include strategic planning with SK E&P (2017–2020), VP Commercial Analysis at CRC Marketing (2014–2016), and multiple corporate development/M&A and planning roles at Occidental Petroleum (2000–2014), with earlier engineering/analyst roles at ARCO Products and Mobil Oil; she is Corporate Directorship Certified by NACD .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| SK E&P Company | Strategic planning | 2017–2020 | Strategy development |
| CRC Marketing, Inc. | Vice President, Commercial Analysis | 2014–2016 | Commercial analytics |
| Occidental Petroleum Corporation | Corporate development, M&A, financial planning roles | 2000–2014 | Transactions/planning |
| ARCO Products; Mobil Oil | Project engineer; business analyst (refining/marketing) | Not disclosed | Operational/analytical experience |
External Roles
| Organization | Role | Tenure | Committee/Focus |
|---|---|---|---|
| Delek US Holdings, Inc. | Independent Director | Current | ESG/EHS experience via Delek’s Environmental, Health & Safety Board Committee referenced by AR |
| Plains All American Pipeline, L.P. | Director | Until 2015 | Board service (ended 2015) |
| Plains GP Holdings, L.P. | Director | Until 2015 | Board service (ended 2015) |
Potential network interlock to monitor: AR Class III director Robert J. Clark previously sold 3 Bear Energy to a subsidiary of Delek Logistics Partners, LP (April 2022), while Sutil serves on the Delek US board; no related-party transaction with Delek is disclosed by AR .
Board Governance
- Committee assignments:
- ESG Committee: Chair; 4 meetings in 2024
- Audit Committee: Member; 8 meetings in 2024
- Independence: 8 of 9 AR directors are independent; Sutil is disclosed as an independent director
- Attendance: Board held 6 meetings; outside directors held 4 executive sessions; no director attended fewer than 75% of Board/committee meetings; all directors attended the 2024 Annual Meeting
- Lead Independent Director: Benjamin A. Hardesty; responsibilities include presiding over executive sessions and governance oversight
Fixed Compensation (Non‑Employee Director, 2024)
| Component | Amount ($) | Notes |
|---|---|---|
| Annual cash retainer | 100,000 | Standard non‑employee director retainer |
| ESG Committee chair fee | 15,000 | Chair fee per policy |
| Audit Committee member fee | 10,000 | Member fee per policy |
| Meeting fees (excess over 10) | — | Eligible $1,500/mtg over 10; none disclosed for Sutil |
| Total cash (reported) | 125,000 | Per 2024 director comp table |
Performance Compensation (Non‑Employee Director, 2024)
| Equity Component | Grant Structure | 2024 Value ($) | Grant Timing |
|---|---|---|---|
| Fully‑vested common stock (AR LTIP) | Annual aggregate $215,000; granted in arrears quarterly (~$53,750 per installment) | 214,946 | Quarterly in arrears |
Directors receive fully‑vested stock (no performance conditions), aligning pay with shareholder outcomes while avoiding formulaic targets for directors .
Other Directorships & Interlocks
| Company | Role | Overlap/Notes |
|---|---|---|
| Delek US Holdings, Inc. | Independent Director | ESG/EHS exposure cited by AR for Sutil’s experience |
| Plains All American Pipeline, L.P. | Director (until 2015) | Historical service; no current interlock disclosed |
| Plains GP Holdings, L.P. | Director (until 2015) | Historical service; no current interlock disclosed |
AR discloses extensive related-party frameworks with Antero Midstream and a formal Related Persons Transactions Policy (RPT); no Sutil‑specific related‑party exposure is disclosed .
Expertise & Qualifications
- Corporate development, commercial negotiations, corporate planning, project management; broad oil & gas experience across upstream and downstream
- NACD Corporate Directorship Certified (governance credential)
- ESG oversight experience (EHS committee work cited)
Equity Ownership
| Metric | Value |
|---|---|
| Common stock beneficially owned | 96,512 shares; less than 1% of class |
| Shares outstanding (record date context) | 310,941,380 shares (entitled to vote at 2025 meeting) |
| Director stock ownership guideline | ≥ 5x annual cash retainer within 5 years of Board service |
| Compliance status | AR states all directors with ≥5 years service comply; Sutil has served since 2019 |
Hedging/pledging of company stock is prohibited for directors under AR’s Insider Trading Policy, supporting alignment and risk control .
Governance Assessment
- Committee leadership and oversight: As ESG Committee Chair, Sutil oversees climate, safety, and social policy risks; Audit Committee membership adds financial reporting and cybersecurity oversight breadth .
- Independence and engagement: Disclosed as independent; Board conducted 6 meetings with 4 executive sessions, and no director fell below the 75% attendance threshold, indicating consistent engagement .
- Compensation alignment: Director cash fees reflect role (ESG chair + Audit member), and equity grants are fully vested stock paid quarterly, aligning director interests with shareholders without performance gimmicks; 2024 totals were $125,000 cash and $214,946 stock .
- Conflicts oversight: AR maintains a Conflicts Committee and an RPT policy; while AR’s operations have numerous arrangements with Antero Midstream, no Sutil‑related party transactions are disclosed. A historical tie exists between AR director Clark and Delek Logistics Partners via a 2022 asset sale; monitor for any future interlocks given Sutil’s Delek US board role, though none are currently disclosed .
- Policies bolstering investor confidence: Prohibitions on hedging/pledging and an incentive‑compensation clawback policy adopted in November 2023 support pay integrity and risk management .