William M. Griffin, Jr. served as the Interim President and CEO of SandRidge Energy from February 2018 to January 2019. His leadership during a transitional phase involved overseeing a company that was focusing on maximizing its oil production and navigating...

William M. Griffin, Jr. served as the Interim President and CEO of SandRidge Energy from February 2018 to January 2019. His leadership during a transitional phase involved overseeing a company that was focusing on maximizing its oil production and navigating the complexities of the energy market. His compensation for 2018 totaled approximately $1.45 million, which included a salary of $751,558 and various performance incentives. Griffin's role was pivotal in maintaining stability within the company as it adjusted to changing market conditions. Remarkably, during his tenure, Griffin capitalized on his position to engage in insider trading, with notable transactions daily, peaking with a sale worth $119.82K in September 2019. This suggests he was actively managing his investments during a time of uncertainty. His compensation structure reflected a solid mix of cash and stock incentives, helping to align his interests with those of shareholders, a common practice among executives. Griffin's approach and engagement with the market reveal how he prioritized immediate results while balancing long-term growth, and his tenure was characterized by the company's transition towards a more oil-centric model, showcasing his adaptability in a fluctuating industry.