Tamboran appoints Todd Abbott as CEO effective Jan 15, 2026; Stoneburner remains Chairman

Tamboran Resources Corp

Todd Abbott appointed CEO effective Jan 15, 2026, succeeding interim CEO Richard Stoneburner, who remains Chairman and resumes independent director status.
Abbott previously served as COO at Seneca Resources and held senior roles at Marathon Oil & Pioneer Natural Resources.
Initial base salary $550K with 100% target annual cash incentive; $100K sign-on bonus (repayable if resigns within 12 months).
Long-term incentive: RSUs for 65,320 shares (50% time-vesting, 50% TSR-vested) plus $3.25M make-whole award vesting in 3 years.
Must relocate to Brisbane, Australia by July 30, 2027 or employment terminates; severance includes 24 months base salary if terminated without cause.

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