leadership
confidence high
sentiment neutral
materiality 0.60
Ring Energy appoints Sonu Johl as CFO effective Feb 27, 2026
RING ENERGY, INC.
- Sundip 'Sonu' S. Johl named EVP, CFO and Treasurer, effective February 27, 2026.
- Johl brings 20+ years experience, most recently Managing Director at Raymond James.
- Base salary of $425,000; target annual bonus of 75% of base; LTIP target ~$1M starting 2027.
- Receives inducement RSUs worth ~$400k (3-yr vest) and PSUs target ~$600k (3-yr performance period).
- Eligible as Tier 2 Officer under company's Change in Control and Severance Benefit Plan.