leadership
confidence high
sentiment neutral
materiality 0.55
Matador Co-President Van Singleton retires; Bryan Erman assumes role, Filbert takes land/A&D
Matador Resources Co
- Van H. Singleton, II retired as Co-President effective Sept 9, 2026; becomes Special Advisor to Board and Executive Committee.
- Bryan A. Erman, Co-President since June 2025, assumes Singleton's Co-President role; Jonathan J. Filbert takes over land and A&D duties.
- Advisor Agreement pays Singleton $450,000/year ($37,500/month) plus discretionary bonus expected ≥$50,000; equity awards continue vesting.
- Agreement includes 12-month non-compete (Eddy/Lea NM, Loving/Ward/Winkler TX) and 24-month non-solicitation covenants.
- Singleton terminated prior employment agreement; no further compensation beyond accrued obligations and advisor terms.