Chad Griffith
Personal wealth note: Equibles reports source-backed professional activity and disclosed compensation; it does not estimate personal net worth.
About Chad Griffith
Earlier roles on record: COO at CNX Resources Corp (CNX) until November 17, 2022. CNX Resources Corp reported in an 8-K filed November 21, 2022 that Chad Griffith resigned as Chief Operating Officer, effective November 17, 2022. The proxy statement of CNX Resources Corp reports total compensation of $3,223,318 for Chad Griffith in fiscal 2022, including a base salary of $316,346. Disclosed compensation is on record for 4 fiscal years. Chad Griffith has spoken on 11 earnings calls across 1 company, most recently for CNX Resources Corp on October 27, 2022.
“Effective November 17, 2022, Mr. Chad Griffith will no longer serve as the Chief Operating Officer (“COO”) of CNX Resources Corporation (“CNX” or the “Company”).”
Summary generated from SEC filings and earnings-call records held by Equibles.
Affiliation history
Recorded current and former roles; source labels appear when available.
-
Start not stated–2022-11-17
Company network
Recorded roles and call appearances connecting this person to public companies.
Executive compensation
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2022 | CNX Resources Corp (CNX) | Former Chief Operating Officer These values represent the aggregate grant date fair value of PSU, ESG PSU, and RSU awards granted to the named executives in 2022. The values are based on the aggregate grant date fair value of the awards computed in accordance with SEC rules and FASB ASC Topic 718, excluding the effect of estimate forfeitures. The amounts reported in this column reflect the accounting cost for these awards, and do not correspond to the actual economic value that may be received by the named executives. A discussion of the valuation assumptions relating to these PSU, ESG PSU, and RSU awards is provided in Note 15 — Stock-Based Compensation in the Notes to the Audited Consolidated Financial Statements in Item 8 of the 2022 Annual Report. For the 2022 PSUs and ESG PSUs, the value of the awards, as reported in the table, does not change assuming that the highest level of performance conditions will be achieved. Includes cash incentives earned for the applicable year under the CNX STIC program. The amounts for 2021 and 2020 reflect the actuarial increase in the present value of the named executives’ benefits under the SERP and the defined contribution New Restoration Plan through December 31 of the respective year. As it relates to Mr. DeIuliis, the value shown assumes a normal retirement age of 65 for the SERP benefit, despite the fact that Mr. DeIuliis would not be eligible to receive the normal retirement benefit until 2033. If Mr. DeIuliis was to retire earlier, his benefit would be age reduced pursuant to the provisions of the SERP. The amounts shown were determined primarily using the interest rate assumptions and mortality assumptions (the latter for Mr. DeIuliis only) set forth in the financial statements of CNX’s applicable Annual Reports on Form 10-K (Note 14 in the 2022 Annual Report for the 2022 amount). Values may fluctuate significantly from year to year depending on several factors, including age, years of service, average annual earnings and the assumptions used to determine the present value, such as mortality and discount rate. | $316,346 | $3,223,318 |
| 2021 | CNX Resources Corp (CNX) | Former Chief Operating Officer These values represent the aggregate grant date fair value of PSU, ESG PSU, and RSU awards granted to the named executives in 2022. The values are based on the aggregate grant date fair value of the awards computed in accordance with SEC rules and FASB ASC Topic 718, excluding the effect of estimate forfeitures. The amounts reported in this column reflect the accounting cost for these awards, and do not correspond to the actual economic value that may be received by the named executives. A discussion of the valuation assumptions relating to these PSU, ESG PSU, and RSU awards is provided in Note 15 — Stock-Based Compensation in the Notes to the Audited Consolidated Financial Statements in Item 8 of the 2022 Annual Report. For the 2022 PSUs and ESG PSUs, the value of the awards, as reported in the table, does not change assuming that the highest level of performance conditions will be achieved. Includes cash incentives earned for the applicable year under the CNX STIC program. The amounts for 2021 and 2020 reflect the actuarial increase in the present value of the named executives’ benefits under the SERP and the defined contribution New Restoration Plan through December 31 of the respective year. As it relates to Mr. DeIuliis, the value shown assumes a normal retirement age of 65 for the SERP benefit, despite the fact that Mr. DeIuliis would not be eligible to receive the normal retirement benefit until 2033. If Mr. DeIuliis was to retire earlier, his benefit would be age reduced pursuant to the provisions of the SERP. The amounts shown were determined primarily using the interest rate assumptions and mortality assumptions (the latter for Mr. DeIuliis only) set forth in the financial statements of CNX’s applicable Annual Reports on Form 10-K (Note 14 in the 2022 Annual Report for the 2022 amount). Values may fluctuate significantly from year to year depending on several factors, including age, years of service, average annual earnings and the assumptions used to determine the present value, such as mortality and discount rate. | $362,115 | $2,974,230 |
| 2020 | CNX Resources Corp (CNX) | Former Chief Operating Officer These values represent the aggregate grant date fair value of PSU, ESG PSU, and RSU awards granted to the named executives in 2022. The values are based on the aggregate grant date fair value of the awards computed in accordance with SEC rules and FASB ASC Topic 718, excluding the effect of estimate forfeitures. The amounts reported in this column reflect the accounting cost for these awards, and do not correspond to the actual economic value that may be received by the named executives. A discussion of the valuation assumptions relating to these PSU, ESG PSU, and RSU awards is provided in Note 15 — Stock-Based Compensation in the Notes to the Audited Consolidated Financial Statements in Item 8 of the 2022 Annual Report. For the 2022 PSUs and ESG PSUs, the value of the awards, as reported in the table, does not change assuming that the highest level of performance conditions will be achieved. Includes cash incentives earned for the applicable year under the CNX STIC program. The amounts for 2021 and 2020 reflect the actuarial increase in the present value of the named executives’ benefits under the SERP and the defined contribution New Restoration Plan through December 31 of the respective year. As it relates to Mr. DeIuliis, the value shown assumes a normal retirement age of 65 for the SERP benefit, despite the fact that Mr. DeIuliis would not be eligible to receive the normal retirement benefit until 2033. If Mr. DeIuliis was to retire earlier, his benefit would be age reduced pursuant to the provisions of the SERP. The amounts shown were determined primarily using the interest rate assumptions and mortality assumptions (the latter for Mr. DeIuliis only) set forth in the financial statements of CNX’s applicable Annual Reports on Form 10-K (Note 14 in the 2022 Annual Report for the 2022 amount). Values may fluctuate significantly from year to year depending on several factors, including age, years of service, average annual earnings and the assumptions used to determine the present value, such as mortality and discount rate. | $325,000 | $1,924,086 |
| 2019 | CNX Resources Corp (CNX) | COO | $278,557 | $1,459,733 |
Recent activity
Earnings-call and investor-event appearances, plus filed executive appointments or departures, newest first.