Management ChangeJun 3, 2026, 06:07 AM
New ERA Energy & Digital Appoints Darin Rovell as CAO
AI Summary
New ERA Energy & Digital, Inc. announced the appointment of Darin Rovell as its Chief Accounting Officer, effective June 22, 2026. Mr. Rovell brings extensive experience from HF Sinclair Corporation and At Home Group Inc., and is a Certified Public Accountant. His compensation package includes an annual base salary of $350,000, a target annual bonus of up to 40% of his base salary, a $30,000 signing bonus, and a grant of 325,000 restricted stock units. The employment agreement also outlines severance provisions and restrictive covenants.
Key Highlights
- Darin Rovell appointed Chief Accounting Officer, effective June 22, 2026.
- Mr. Rovell previously served as Senior Director, Consolidations and Reporting at HF Sinclair Corporation.
- Annual base salary set at $350,000, with an annual target bonus opportunity of up to 40%.
- Eligible for a $30,000 signing bonus, subject to continued employment for 12 months.
- Granted 325,000 restricted stock units (RSUs) vesting monthly over four years.
- Severance includes 100% of base salary and pro-rated bonus for termination without cause before a change in control.
- Severance increases to 150% of base salary and pro-rated bonus for termination without cause within 12 months of a change in control.
Price Impact
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