01—Abstract
Summary
Summary of the 8-K filed October 13, 2026. Cited figures are marked; the original filing is the authoritative source.
Expand Energy Corporation (EXE) announced on October 13, 2026, the appointment of Sarah Grose as its new Vice President – Chief Accounting Officer, effective immediately.
This appointment fills the critical role of principal accounting officer, a position that has been temporarily managed by Marcel Teunissen, the EVP and CFO. Ms. Grose is a seasoned internal candidate, having been with the company since 2019 and most recently serving as Director – Corporate Accounting, indicating a strong understanding of the company's financial operations. Ms. Grose's compensation package includes an annual base salary of $325,000,a an annual cash performance bonus target of 50% of her base salary, and an annual long-term incentive target of $500,000.
These terms are effective immediately and will be prorated for 2026. The company emphasizes that her appointment is standard, with no undisclosed arrangements and no conflicts of interest or reportable related-party transactions.
02—Key points
Key Highlights
- Appointment of Sarah Grose as Vice President – Chief Accounting Officer and principal accounting officer.
- Ms. Grose is an internal promotion with extensive experience within the company, having served since 2019.
- Marcel Teunissen (EVP and CFO) will no longer serve as interim principal accounting officer.
- Ms. Grose's annual base salary is set at $325,000.
- Annual cash performance bonus target of 50% of base salary.
- Annual long-term incentive target of $500,000.
- Confirmation of no undisclosed arrangements, conflicts of interest, or related-party transactions concerning Ms. Grose's appointment.
03—Questions
Frequently Asked Questions
Who has been appointed as the new Chief Accounting Officer?
Sarah Grose has been appointed as the new Vice President – Chief Accounting Officer and principal accounting officer of Expand Energy Corporation.
What is Sarah Grose's compensation package?
Ms. Grose will receive an annual base salary of $325,000, with an annual cash performance bonus target of 50% of her base salary, and an annual long-term incentive target of $500,000. Her compensation will be prorated for the remainder of 2026.
Is Sarah Grose new to Expand Energy?
No, Sarah Grose is an existing employee who joined Expand Energy in 2019. She has held various accounting leadership roles, most recently as Director – Corporate Accounting from 2021 to 2026.
Does this appointment involve any special arrangements or conflicts?
The filing states there are no undisclosed arrangements or understandings regarding her appointment, no family relationships with directors or officers, and no direct or indirect material interest in any transactions requiring disclosure under Regulation S-K.
04—Continue