leadership
confidence high
sentiment neutral
materiality 0.55
Nine Energy appoints Heather Schmidt as permanent CFO; new employment agreement with $425K base salary
Nine Energy Service, Inc.
- Heather Schmidt, age 42, appointed permanent CFO effective May 22, 2026; previously interim CFO since May 11.
- Base salary of $425,000 and target annual bonus of 75% of base salary.
- Incremental LTI: $300,000 time-based RSUs (3-year vest) and $300,000 TSR-based cash award (up to 200% of target).
- Severance includes 12 months' base plus target bonus (multiple of 1x; 2x within 24 months of change in control).
- Employment agreement includes double-trigger change-in-control vesting for RSUs and Performance Award.