Coterra Energy CFO and CHRO to retire by Sept 30; replacements named

Coterra Energy Inc.

CFO Scott Schroeder retiring after 28 years; to serve as Senior Advisor until Sept 30.
CHRO Christopher Clason also retiring Sept 30; will advise until then.
Shannon Young III (ex-Talos CFO) appointed EVP, CFO effective July 10; base salary $620K.
Andrea Alexander (ex-Rent the Runway CPO) named SVP, CHRO effective July 10.
New CFO receives one-time RSU and PSU grants of $2M each plus $100K cash.

item 5.02 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Scott C. Schroeder

Executive Vice President and Chief Financial Officer

CTRA · Coterra Energy Inc.

Effective: 2023-09-30
Successor: Shannon E. Young, III
Filed: June 15, 2023, 7:59 PM ET

Scott C. Schroeder, the Company’s current Executive Vice President and Chief Financial Officer, will be retiring effective September 30, 2023.

Departed

Christopher H. Clason

Senior Vice President and Chief Human Resources Officer

CTRA · Coterra Energy Inc.

Effective: 2023-09-30
Filed: June 15, 2023, 7:59 PM ET

Christopher H. Clason, the Company’s Senior Vice President and Chief Human Resources Officer, is also separating from the Company for good reason pursuant to his legacy Cimarex Energy Co. severance compensation agreement, which is described below, and retiring effective September 30, 2023.

Appointed

Shannon E. Young, III

Executive Vice President and Chief Financial Officer

CTRA · Coterra Energy Inc.

Effective: 2023-07-10
Filed: June 15, 2023, 7:59 PM ET

Shannon E. Young, III, 52, will join the Company as Executive Vice President and Chief Financial Officer on or about July 10, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Scott C. Schroeder departed as Executive Vice President and Chief Financial Officer at Coterra Energy Inc..

Action: retiring
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

Scott C. Schroeder, the Company’s current Executive Vice President and Chief Financial Officer, will be retiring effective September 30, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Christopher H. Clason departed as Senior Vice President and Chief Human Resources Officer at Coterra Energy Inc..

Action: retiring
Role: Senior Vice President and Chief Human Resources Officer

Exact text from the filing

Christopher H. Clason, the Company’s Senior Vice President and Chief Human Resources Officer, is also separating from the Company for good reason pursuant to his legacy Cimarex Energy Co. severance compensation agreement, which is described below, and retiring effective September 30, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Shannon E. Young, III was appointed as Executive Vice President and Chief Financial Officer at Coterra Energy Inc..

Action: appointed
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

Shannon E. Young, III, 52, will join the Company as Executive Vice President and Chief Financial Officer on or about July 10, 2023.

View on SEC.gov

Coterra Energy Inc. filing history →

Source: SEC EDGAR

accession 0001104659-23-071649

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