Leadership & Pay ·
Chord Energy names Michael Lou CEO after Daniel Brown resigns; announces $550MM Marcellus divestiture
CHRDChord Energy Corp
Chord Energy appointed Michael Lou as President and Chief Executive Officer, effective October 19, 2026, succeeding Daniel Brown who resigned to pursue another opportunity. The filing also disclosed preliminary third-quarter 2026 results, including $205 million in share repurchases and the announcement of a non-operated Marcellus assets divestiture for total gross consideration of $550 million, which included a $55 million deposit paid during the quarter. Chord Energy is an independent exploration and production company focused on unconventional oil resources in the Williston Basin.