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Civitas Resources Executive Compensation (FY24)

CIVI · Executive and director compensation, fiscal 2022 to 2024
Chief executive, fiscal 2024
◇
M. Christopher Doyle
Chief executive pay ratio
◇
To the median employee
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The paid brief on Civitas Resources

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$500 for the Executive Compensation Report. Both reports for $900.
3 filings cited on this page
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204 figures on this page, cited to the filing that reported them. See the citations

More on Civitas Resources

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2023 to fiscal 2024
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — M. Christopher Doyle: $12,463,145 → $8,385,769 (32.7% lower)
CEO pay ratio: 67:1 → 48:1 (28.4% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Civitas Resources' chief executive and what were they paid?
M. Christopher Doyle, President and Chief Executive Officer, received $8,385,769 in total compensation for fiscal 2024. Compared with the $12,463,145 reported for fiscal 2023, Doyle's total was 32.7% lower.
Which companies are in Civitas Resources' peer group?
The disclosed peer group includes Callon Petroleum Company, Chord Energy Corporation, CNX Resources Corporation, Coterra Energy Inc. and Devon Energy Corporation, among others.
What is Civitas Resources' chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2024 is 48:1, against median employee compensation of $175,040.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Eric Greager
Former President and Chief Executive Officer
Departed during or after this year
◇—————◇◇
M. Christopher Doyle
President and Chief Executive Officer
◇—◇———◇◇
Dean Tinsley
Former Senior Vice President, Operations
Departed during or after this year
◇—◇———◇◇
Cyrus Marter
Former General Counsel and Secretary
Departed during or after this year
◇—◇———◇◇
Matthew Owens
Former Chief Operating Officer
◇—◇———◇◇
Travis Counts
Chief Administrative Officer and Corporate Secretary
◇—◇———◇◇
Marianella Foschi
Chief Financial Officer and Treasurer
◇—◇—◇—◇◇
Sandra Garbiso
Chief Accounting Officer and Treasurer
◇—◇———◇◇
Benjamin Dell
Former Interim Chief Executive Officer
Departed during or after this year
——◇———◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
M. Christopher Doyle
President and Chief Executive Officer
◇◇◇———◇◇
Matthew Owens
Former Chief Operating Officer
Departed during or after this year
◇—◇———◇◇
Thomas Hodge Walker
Chief Operating Officer
◇◇◇———◇◇
Marianella Foschi
Chief Financial Officer and Treasurer
◇◇◇———◇◇
Travis Counts
Chief Administrative Officer and Secretary
◇◇◇———◇◇
Jeffrey Kelly
Chief Transformation Officer
◇◇◇———◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
M. Christopher Doyle
President and Chief Executive Officer
◇—◇———◇◇
Thomas Hodge Walker
Former Chief Operating Officer
Departed during or after this year
◇—◇———◇◇
Marianella Foschi
Chief Financial Officer and Treasurer
◇—◇———◇◇
Travis Counts
Chief Administrative Officer and Corporate Secretary
◇—◇———◇◇
Jeffrey Kelly
Former Chief Transformation Officer
Departed during or after this year
◇—◇———◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2024
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Jeffrey S. KellyRSU◇——◇——◇
Jeffrey S. KellyPSU◇◇◇—◇—◇
M. Christopher DoyleRSU◇——◇——◇
M. Christopher DoylePSU◇◇◇—◇—◇
Marianella FoschiRSU◇——◇——◇
Marianella FoschiPSU◇◇◇—◇—◇
Thomas Hodge WalkerRSU◇——◇——◇
Thomas Hodge WalkerPSU◇◇◇—◇—◇
Travis L. CountsRSU◇——◇——◇
Travis L. CountsPSU◇◇◇—◇—◇
Fiscal 2022, 2023 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2024 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
M. Christopher DoyleRSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
Thomas Hodge WalkerRSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
Marianella FoschiRSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
Travis CountsRSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
Jeffrey KellyRSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2024
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Wouter van Kempen
Board chair
◇◇————◇
Morris R. Clark
◇◇————◇
Carrie L. Hudak
◇◇————◇
Howard A. Willard III
◇◇————◇
Jeffrey E. Wojahn
◇◇————◇
Carrie M. Fox
—◇————◇
Deborah Byers
—◇————◇
James M. Trimble
—◇————◇
Lloyd W. "Billy" Helms Jr and M. Christopher Doyle served on the board in fiscal 2024 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Audit committee chair◇
Compensation committee chair◇
Nominating and governance chair◇
Equity is delivered as deferred stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2024
  • Callon Petroleum Company symbol not shown
  • Chord Energy Corporation CHRD
  • CNX Resources Corporation CNX
  • Coterra Energy Inc. CTRA
  • Devon Energy Corporation DVN
  • Diamondback Energy, Inc. FANG
  • Marathon Oil Corporation MRO
  • Matador Resources Company MTDR
  • Murphy Oil Corporation MUR
  • Ovintiv Inc. OVV
  • PDC Energy, Inc. VTS
  • Permian Resources Corporation PR
  • Range Resources Corporation RRC
  • SM Energy Company SM
  • Southwestern Energy Company SWN

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Civitas Resources disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Civitas Resources sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
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Written compensation analysis
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Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
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Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
204 figures on this page, cited to the filing that reported them.
204 cited to the filing

Documents cited

  1. 0001558370-25-005077
    2024 Grants of Plan-Based Awards · 2024 Outstanding Equity Awards at Fiscal Year End · 2024 Summary Compensation Table · CEO Pay Ratio · and 1 more section
  2. 0001104659-24-050585
    2023 Summary Compensation Table
  3. 0001104659-23-050381
    2022 Summary Compensation Table
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Civitas Resources executive compensation, FY2022–FY2024.” https://intel.velarion.ai/comp/CIVI (accessed 2026).
Short form: data: Velarion

The paid brief for Civitas Resources

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$500 for the Executive Compensation Report. Both reports for $900.
3 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Energy rankings

Peers Civitas Resources discloses

The companies named in CIVI's own disclosed peer group.

Terms on this page

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}