Sundar PichaiSundar Pichai earned $164M in 2023

Thomas E. Jorden has been steering Coterra Energy Inc. since its merger with Cimarex Energy in 2021, where he served as Chairman and CEO. With a strong academic foundation boasting both a B.S. and M.S. in Geophysics from the Colorado...

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Thomas E. Jorden

CEO of Coterra Energy

Education

B.S. in Geophysics from Colorado School of Mines, M.S. and Ph.D. in Geophysics from Stanford University

Sector of Economy

Energy

Born

March 15, 1958 - 67 years ago

CEO of Coterra Energy for

3 years 8 months (Oct 2021 - Present)

Previous Experience

CEO and President of Cimarex Energy Co.

Holdings

See how much did Thomas E. Jorden make over time.

Thomas E. Jorden's insider trading history shows significant activity, especially peaking in 2021. He sold shares worth over $134 million in October 2021 alone, demonstrating his confidence in Coterra's future and his substantial holdings at that time. His trading activities...

Charitable Transactions

CTRA

1,790,110 shares

CTRA

Recent Charitable Transactions

CTRA

259,806 shares

CTRA

Feb 10, 2025

Charity

CTRA

296,432 shares

CTRA

Nov 29, 2024

Charity

CTRA

112,416 shares

CTRA

Mar 7, 2024

Charity

CTRA

512,684 shares

CTRA

Dec 1, 2023

Charity

CTRA

94,696 shares

CTRA

Sep 27, 2023

Charity

CTRA

20,500 shares

CTRA

Dec 31, 2022

Charity

Insider Trading

See recent insider trades of Thomas E. Jorden.

CTRA

191,705 shares

CTRA

Feb 19, 2025

Received

CTRA

259,806 shares

CTRA

Feb 10, 2025

Charity

CTRA

259,806 shares

CTRA

Feb 10, 2025

Charity

CTRA

296,432 shares

CTRA

Nov 29, 2024

Charity

CTRA

296,432 shares

CTRA

Nov 29, 2024

Charity

CTRA

112,416 shares

CTRA

Mar 7, 2024

Charity

CTRA

191,132 shares

CTRA

Feb 21, 2024

Received

CTRA

512,684 shares

CTRA

Dec 1, 2023

Charity

CTRA

512,684 shares

CTRA

Dec 1, 2023

Charity

CTRA

94,696 shares

CTRA

Sep 27, 2023

Charity

Compensation History

See how much did Thomas E. Jorden make over time.

For 2023, Thomas Jorden's total compensation reached approximately $14.5 million. This package included a base salary of $1.125 million and an annual bonus of $2 million, tied to performance metrics that reflect Coterra's operational effectiveness. His stock awards, which vested in 2023, added significantly to his overall earnings, estimated at around $18 million based on the market value of shares he received. The compensation structure emphasizes performance alignment, aiming to motivate executives like Jorden toward the company’s strategic goals. His compensation reflects not just his influence but also the company’s emphasis on rewarding success in the energy sector, especially in areas such as production growth and environmental performance.

Year

2023

Total Compensation

$21.50M

Salary

$1.13M

Board Justification

The compensation philosophy is designed to align executive compensation with business strategy, attract and retain talented executives, and encourage sustained value creation for stockholders.

Bonus

$2.00M

Board Justification

The annual cash incentive award for 2023 was based on performance metrics, with a total payout of $2,000,000 approved by the Compensation Committee, reflecting 137% of the target bonus.

Other

$351.13K

Board Justification

Other compensation includes contributions to retirement plans, insurance premiums, and other personal benefits provided to the CEO.

Restricted Stock

$18.02M(706.15K RSU)

Board Justification

The stock awards that vested in 2023 include restricted stock units and performance shares that were granted prior to 2023, with a total market value of $18,020,948 as of December 31, 2023.

Performance Metrics

The performance metrics for the annual cash incentive included economic performance, production guidance, budget guidance, and greenhouse gas intensity metrics.