---
schema_version: "secwatch.filing_event.v1"
accession: "0001084991-24-000107"
form_type: "8-K"
ticker: "NGS"
cik: "0001084991"
company_name: "NATURAL GAS SERVICES GROUP INC"
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T03:15:19.999902+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# NGS appoints Ian Eckert as permanent CFO, effective no later than Jan 6, 2025

## Summary
- Ian Eckert, formerly CAO at Alamo Group, named CFO; base salary $415,000 and $50,000 signing bonus.
- 2024 cash bonus of $200,000; target bonus for 2025 set at 75% of base salary.
- Equity: RSU and PSU each at 50% of base salary; RSU vests over three years, PSU tied to TSR metrics.
- Interim CFO John Bittner (Accordion) continues until Eckert starts then provides transition services.
- Severance: 12-18 months salary plus COBRA if terminated without cause or for good reason.

## SEC filing metadata
- accession: 0001084991-24-000107
- form_type: 8-K
- ticker: NGS
- cik: 0001084991
- company_name: NATURAL GAS SERVICES GROUP INC
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1084991/000108499124000107/0001084991-24-000107-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1084991/000108499124000107/ngs-20241101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001084991-24-000107
- JSON: https://secwatch.observer/filing/0001084991-24-000107.json
- Plain text: https://secwatch.observer/filing/0001084991-24-000107.txt

## Key facts
- Executive change
  Ian M. Eckert was appointed as Chief Financial Officer at NATURAL GAS SERVICES GROUP INC.
  - Action: appointed
  - Role: Chief Financial Officer
  source text: On November 1, 2024, the Company entered into an employment agreement (the “ Employment Agreement ”) with Ian M. Eckert, age 37, pursuant to which Mr. Eckert will be appointed Chief Financial Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1084991/000108499124000107/0001084991-24-000107-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.