Corporate GovernanceJul 1, 2026, 04:37 PM
Trio Petroleum Increases CFO Greg Overholtzer's Monthly Pay to $17,000
AI Summary
Trio Petroleum Corp announced an amendment to the independent contractor agreement with its Chief Financial Officer, Greg Overholtzer. Effective July 1, 2026, Mr. Overholtzer's monthly compensation for his services will increase from $15,000 to $17,000. All other terms of the original agreement, dated January 1, 2026, remain unchanged. The company also stated that the CFO's compensation will be reviewed by the Compensation Committee by December 31, 2026.
Key Highlights
- Trio Petroleum Corp increased CFO Greg Overholtzer's monthly compensation.
- Monthly pay raised from $15,000 to $17,000.
- The amendment is effective as of July 1, 2026.
- All other terms of the independent contractor agreement remain unchanged.
- CFO's compensation will be reviewed by the company and its Compensation Committee by December 31, 2026.
- The first payment at the new rate is due July 1, 2026, for services in June 2026.
Price Impact
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