Gulfport Energy names John Reinhart as CEO; Timothy Cutt transitions to Executive Chairman

GULFPORT ENERGY CORP

John Reinhart appointed CEO effective Jan 24, 2023; base salary $785,000 and target bonus 120% of base for FY2023.
Reinhart granted initial equity award target value ~$4.25M (40% time-based RSUs, 60% performance-based RSUs).
Timothy Cutt resigned as CEO and appointed Executive Chairman; employment as employee ends March 1, 2023, remains Board Chairman.
Cutt's transition includes base salary through March 1, 2023, FY2022 bonus based on actual, and prorated FY2023 target bonus.

item 5.02 item 9.01

Executive movements

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Role change

Timothy Cutt

Executive Chairman

GPOR · GULFPORT ENERGY CORP

Effective: 2023-01-24
Successor: John Reinhart
Filed: January 25, 2023, 6:59 PM ET

Mr. Reinhart succeeds Timothy Cutt, who resigned as Chief Executive Officer of the Company, effective as of the Effective Date, and was appointed as Executive Chairman of the Company, effective as of the Effective Date.

Appointed

John Reinhart

Chief Executive Officer

GPOR · GULFPORT ENERGY CORP

Effective: 2023-01-24
Filed: January 25, 2023, 6:59 PM ET

On January 18, 2023, the Board of Directors (the “Board”) of Gulfport Energy Corporation (the “Company”) appointed John Reinhart as Chief Executive Officer of the Company, effective as of January 24, 2023

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Timothy Cutt was appointed as Executive Chairman at GULFPORT ENERGY CORP.

Action: resigned and appointed
Role: Executive Chairman

Exact text from the filing

Mr. Reinhart succeeds Timothy Cutt, who resigned as Chief Executive Officer of the Company, effective as of the Effective Date, and was appointed as Executive Chairman of the Company, effective as of the Effective Date.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

John Reinhart was appointed as Chief Executive Officer at GULFPORT ENERGY CORP.

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

On January 18, 2023, the Board of Directors (the “Board”) of Gulfport Energy Corporation (the “Company”) appointed John Reinhart as Chief Executive Officer of the Company, effective as of January 24, 2023

View on SEC.gov

GULFPORT ENERGY CORP filing history →

Source: SEC EDGAR

accession 0001213900-23-004923

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