Expand Energy announced the appointment of Sarah Grose as Vice President-Chief Accounting Officer at the company.
She will now assume the duties as principal accounting officer, effective immediately. Marcel Teunissen, the Company’s current Executive Vice President and Chief Financial Officer, was previously performing the duties as principal accounting officer of the Company on an interim basis.
Grose, 40, joined the Company in 2019 and has served in various accounting leadership roles of increasing responsibility. She most recently served as the Director – Corporate Accounting from 2021 to 2026. Grose holds a B.B.A. in Accounting and Finance and M.S. in Accounting from the University of Oklahoma and is a certified public accountant.
In connection with her appointment as Vice President – Chief Accounting Officer of the Company, Grose’s annual base salary will be $325,000, with an annual cash performance bonus target of 50% of her annual base salary, which bonus will be earned based on the achievement of certain performance goals established by the Board or the Compensation Committee and prorated with respect to 2026. She will also participate in the Company’s 2021 Long-Term Incentive Program, pursuant to which her annual long-term incentive target will be $500,000.
