Brittany Raiford
About Brittany Raiford
Brittany Raiford is Vice President, Interim Chief Financial Officer and Treasurer of Expand Energy, appointed August 13, 2025; she previously served as Vice President – Treasurer at Expand and Vice President of Investor Relations at Southwestern Energy after starting her career in assurance at Ernst & Young. She holds a B.B.A. in Accounting and an M.S. in Finance from Texas A&M University and is 39 years old She currently signs SEC filings and SOX certifications as principal financial officer, underscoring responsibility over controls and disclosure; her Q3 2025 10‑Q Section 302 and 906 certifications confirm effective controls and fair presentation . She has publicly outlined the company’s hedging posture: ~$165 million hedge cash inflows across Q2–Q3 2025, ~47% of 2026 volumes hedged (call options ~75% of book), and initial 2027 hedges at just under 15% .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Expand Energy | Vice President – Treasurer | 2024–2025 | Led treasury and capital markets activities; elevated to Interim CFO in Aug-2025 |
| Southwestern Energy | VP and Director, Investor Relations | 2020–2023 | Investor communications and capital markets messaging during integration period |
| Southwestern Energy | Senior Manager, Financial Reporting & Operations Accounting | 2011–2020 | Led IFRS/GAAP reporting and operational analytics |
| Ernst & Young | Assurance | Pre‑2011 | External audit foundational experience |
External Roles
No public-company directorships or external board roles disclosed in company filings or the management biography .
Fixed Compensation
| Component | Detail | Terms |
|---|---|---|
| Base Salary | $334,750 annually | Set upon appointment as Interim CFO effective Aug 13, 2025 |
| Interim Stipend | $12,000 per month (cash) | For interim responsibilities |
| RSU Grant | $200,000 grant date fair value | Vests in equal installments over three years, contingent on continued service |
| Title & Effective Date | Interim CFO and Treasurer | Effective August 13, 2025 (age 39 at appointment) |
Performance Compensation
Company annual incentive plan (AIP) framework and weightings that cascade throughout the organization; no individual AIP payout for Ms. Raiford was disclosed.
| Metric | Weighting | Notes |
|---|---|---|
| Cash Generation | 35% | Near-term cash discipline focus |
| Capital Efficiency | 30% | Operational efficiency and well economics |
| Sustainability | 15% | Safety SIF and Methane Intensity gating metrics |
| Qualitative Leadership | 20% | Integration, G&A improvement, marketing/commercial transformation |
Company-wide 2024 AIP qualitative goals (20% of target) paid at 30% (i.e., 150% of the 20% portion) per Compensation Committee determination; NEOs’ overall AIP payout factor for 2024 was 155% . Long-term incentives emphasize PSUs (absolute TSR 50% and relative TSR 25%) with 3-year performance and cliff vesting; RSUs comprise 25% of LTIP value and vest ratably over 3 years .
Equity Ownership & Alignment
| Policy/Disclosure | Detail |
|---|---|
| Stock Ownership Guidelines | NEOs are subject to minimum equity ownership requirements to ensure alignment with shareholders |
| Hedging/Pledging | Hedging and pledging of EXE stock by executives and directors is prohibited |
| Clawback (Recoupment) | Company will recover certain cash and equity incentive compensation (including unvested RSUs/PSUs) from current or former executive officers upon a restatement due to material non-compliance; applies to incentive compensation received on/after Oct 2, 2023 |
| RSU Vesting Norms | Employees’ RSUs typically vest over 3–5 years; directors’ over one year (company-wide LTIP description) |
| Current Role Signatory | Raiford signs SEC filings (10‑Q, 8‑K) and SOX certifications as principal financial officer |
No Form 4 beneficial ownership totals, pledged share disclosures, or options breakdown for Ms. Raiford were found in the reviewed filings. Ownership guideline compliance status is not disclosed for Ms. Raiford .
Employment Terms
| Term | Detail |
|---|---|
| Appointment & Role | Interim CFO and Treasurer effective Aug 13, 2025 |
| Indemnification | Company entered into an indemnification agreement with Ms. Raiford, consistent with Exhibit 10.7 to the FY2024 10‑K |
| Employment Agreement | Company states NEOs are employed at-will; no tax gross-ups; double-trigger change-of-control provisions apply generally to NEOs, but Ms. Raiford’s severance tier is not disclosed |
Investment Implications
- Alignment and retention: Interim role compensation adds a monthly stipend plus a modest $200k RSU over 3 years, creating near-term retention without outsized equity leverage; prohibited hedging/pledging and clawback enforce pay-for-performance and governance discipline .
- Execution signal: As Interim CFO/Treasurer, Raiford is directly accountable for disclosure controls and capital markets transactions; her certifications and signatory role on the upsized $3.5B credit facility 8‑K reinforce operational continuity during CFO transition .
- Risk management posture: Public hedging commentary indicates disciplined downside protection with meaningful call structures and layered hedges across 2026–2027, supportive of cash flow stability—positive for investor confidence amid commodity volatility .
- Watch items: Monitor Form 4s for RSU vesting/sales cadence, any updates to permanent CFO search, and 2026 AIP metric calibration post-merger; no personal severance/change‑of‑control details were disclosed, leaving limited visibility into potential exit economics .