EXE · Expand Energy Corporation

The appointment of Marcel Teunissen as EVP and CFO represents a key leadership transition for Expand Energy Corporation, bringing extensive financial and operational expertise from major energy firms. With over 20 years at Shell plc in finance, commercial, and strategy roles across upstream and integrated gas businesses, followed by CFO and President North America positions at Parkland Corporation, Teunissen offers deep experience in natural gas, LNG, capital markets, and business transformations. This aligns with the company's focus on natural gas production amid surging demand from AI, industrial, and global LNG markets. Compensation is competitive for the role, featuring a $550,000 base salary, 100% target bonus (up to 200% based on performance goals), and $2.5 million long-term incentive target, prorated for 2026 entry. Inclusion in the Tier 2 Executive Severance Plan and clawback policies underscores standard governance. Brittany Raiford's transition to VP-Treasurer and IR ensures continuity. The press release highlights Teunissen's strategic fit for Expand Energy's growth phase, signaling investor confidence in enhanced financial leadership.