Chord Energy Corp named Mr. Lou as President & CEO and changed his pay to a $950,000 salary.

Nov 2, 2026, 5:51 PM ETNew bossRead the original at SEC EDGAR

Neutral

Chord set CEO Lou’s annual salary at $950,000, with a cash award target of 125% and 6,543 stock units vesting over 3 years. These terms set pay costs but do not report a change in the company’s business outlook.

CHRD · Chord Energy Corp

AI read · Neutral

The AI's read

The pay terms create a cost for Chord, but the cash award depends on company performance, and the stock units vest only if Lou stays employed. The filing reports no change in Chord's results or company forecast, so it does not show a change in the company's outlook.

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