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    Thomas E. Jorden

    Chairman, CEO, and President at Coterra Energy Inc
    Board
    Since October 2021
    Age
    67 years
    Tenure
    Joined in October 2021 via the merger with Cimarex as CEO and President and was promoted to Chairman in November 2022.

    Also at Coterra Energy Inc

    AV
    Adam Vela
    SVP and General Counsel
    AMA
    Andrea M. Alexander
    SVP and Chief Human Resources Officer
    BAS
    Blake A. Sirgo
    SVP—Operations

    About

    Thomas E. Jorden has dedicated his career to the energy sector, starting with early roles at Union Pacific Resources and Superior Oil Company before moving on to senior positions in exploration and leadership. His professional journey reflects decades of expertise and commitment to driving operational excellence in the industry.

    In 1993, he began his ascent by joining Key Production Company, where he served as Chief Geophysicist and later as Executive Vice President of Exploration. His career developed further at Cimarex Energy, where from 2011 he held the roles of Chief Executive Officer and President, and then became Chairman of the Board in 2012. These positions underscored his capability in strategic planning and executive management.

    Following a pivotal merger with Cimarex in October 2021, he assumed the role of CEO and President at Coterra Energy, subsequently being promoted to Chairman in November 2022. This tenure marks a significant phase of his career at Coterra, where his leadership continues to shape the company’s vision and operational strategies.

    $CTRA Performance Under Thomas E. Jorden

    Past Roles

    OrganizationRoleDate RangeDetails
    Cimarex Energy Co.Chairman of the Board2012–2021Served as Chairman of the Board of Directors at Cimarex
    Cimarex Energy Co.Chief Executive Officer and President2011–2021Served as CEO and President at Cimarex Energy Co.
    Cimarex Energy Co.Executive Vice President of Exploration2003–2011Began as Executive VP of Exploration when Cimarex was formed
    Cimarex Energy Co.Vice President of Exploration2002–2003Held the role of Vice President of Exploration
    Key Production Company, Inc.Executive Vice President of ExplorationN/AHeld leadership roles prior to Cimarex’s formation in 2002
    Key Production Company, Inc.Chief Geophysicist1993–N/AJoined as Chief Geophysicist in 1993
    Union Pacific ResourcesUnspecified RoleN/AHeld unspecified roles
    Superior Oil CompanyUnspecified RoleN/AHeld unspecified roles

    Fixed Compensation

    Data from  FY 2023
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary $1,125,000Regular (annual)Fixed base salary for 2023
    Deferred Compensation - Executive Contributions $112,500Regular contributionsPart of the deferred compensation plan for 2023
    Deferred Compensation - Registrant Contributions $229,200Regular contributionsPart of the deferred compensation plan for 2023
    Payout of Deferred Compensation Upon Termination $575,883Upon termination under specified conditionsPaid if terminated under conditions such as involuntary not-for-cause termination, good reason resignation, change in control, disability, or death
    Health, Life, and Welfare Benefits Continuation Upon Termination $225,324Upon termination under specified conditionsBenefits continuation upon termination under specified conditions
    Earned Vacation Upon Termination $46,249Upon termination under specified conditionsEarned vacation payout if termination conditions are met

    Performance Compensation

    Data from  FY 2023

    Annual Cash Incentive Awards

    Performance MetricWeightThresholdTargetMaximumActual ResultAdditional Details
    Economic Performance (PVI-10) 45%N/A1.50N/A1.65Driven by strong returns in the Permian Basin
    Annual Production Guidance 20%N/AUpper end stretch goal of 648 MBOE/DayN/AExceeded targetAchieved through operational efficiencies and strong well performance
    Annual Budget Guidance 20%N/A$2,100MMN/AIn lineSavings offset by additional operational costs
    Greenhouse Gas Intensity 5%N/AN/AN/AExceeded targetImproved performance due to electric compressor installations
    Methane Intensity 5%N/AN/AN/AExceeded targetImproved performance due to instrument air installations
    Flare Intensity 5%N/AN/AN/AExceeded targetImproved flare management practices

    Grant Date: February 21, 2023

    Overall Achievement: 148% of target

    Vesting Schedule: Not explicitly detailed for the cash incentive awards.