leadership
confidence high
sentiment neutral
materiality 0.65
Viper Energy announces CEO transition: Stice steps down, Van't Hof promoted to CEO
VNOM Sub, Inc.
- Travis D. Stice transitions from CEO effective immediately; remains on Board of Directors.
- Kaes Van't Hof, previously President, succeeds Stice as CEO; Austen Gilfillian promoted to President.
- Gilfillian receives base salary of $400,000, 80% target bonus, and $1.25M in equity awards (60% PSUs, 40% RSUs).
- Additional promotions: Trevor Stoltz to VP Business Development, John Phillips to VP Land.