Expand Energy Corporation (EXE) has appointed Daniel E. Brown as its new President and Chief Executive Officer, effective October 26, 2026. Mr. Brown, most recently the CEO of Chord Energy Corporation, will also join the company's Board of Directors. He succeeds Michael Wichterich, who served as Interim CEO and will resume his role as Non-Executive Chairman.

Key Details

  • Effective Date: The appointment is expected to be effective October 26, 2026.
  • Compensation Package: Mr. Brown's compensation includes a $1,000,000 annual base salary, a target annual cash bonus of 125% of his salary, and an annual long-term incentive award with a target value of $8,750,000.
  • Make-Whole Award: He will receive a one-time make-whole equity award valued at approximately $15.65 million, consisting of RSUs and PSUs, to compensate for compensation forfeited at his prior employer.
  • Leadership Transition: Michael Wichterich will cease serving as Interim President and CEO and will continue as the company's Chairman of the Board.