Management ChangeAug 7, 2026, 05:02 PM
W&T Offshore CEO Tracy Krohn's Base Salary Set at $1M Minimum
AI Summary
W&T Offshore, Inc. entered into a First Amendment to the employment agreement with its Chief Executive Officer and President, Tracy W. Krohn, effective August 5, 2026. The amendment establishes Mr. Krohn's annual base salary at no less than $1,000,000, subject to annual review and potential increases but no decreases. All other material terms of the original employment agreement remain unchanged.
Key Highlights
- W&T Offshore amended the employment agreement for CEO and President Tracy W. Krohn.
- Mr. Krohn's annual base salary will be no less than $1,000,000.
- The base salary will be reviewed annually and may be increased but not decreased.
- Other material terms of the employment agreement remain unchanged.
Price Impact
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