Expand Energy (EXE) Appoints Sarah Grose as Chief Accounting Officer
Grose Assumes Principal Accounting Officer Role, Succeeding Interim Duties Held by CFO Marcel Teunissen
GuruFocus News
10/13/2026 18:30
Expand Energy Corporation EXE announced on October 8, 2026, that Sarah Grose has been appointed as Vice President – Chief Accounting Officer, effective immediately. In this role, Grose will assume the duties of principal accounting officer, a position that had been temporarily held by Marcel Teunissen, the company’s Executive Vice President and Chief Financial Officer.
Grose, 40, has been with Expand Energy since 2019, serving in various accounting leadership positions of increasing responsibility. Most recently, she held the role of Director – Corporate Accounting from 2021 to 2026. She holds a B.B.A. in Accounting and Finance and an M.S. in Accounting from the University of Oklahoma, and is a certified public accountant.
In connection with her appointment, Grose’s compensation package includes an annual base salary of $325,000 and an annual cash performance bonus target equal to 50% of her base salary. The bonus will be based on the achievement of performance goals established by the Board or the Compensation Committee and will be prorated for 2026. Additionally, she will participate in the company’s 2021 Long-Term Incentive Program, with an annual long-term incentive target of $500,000.
The company confirmed there are no arrangements or understandings between Grose and any other person regarding her appointment. Furthermore, Grose has no family relationships with any director or executive officer of Expand Energy, nor does she have any direct or indirect material interest in any transaction requiring disclosure under Item 404(a) of Regulation S-K.
This leadership transition reflects Expand Energy’s ongoing commitment to maintaining strong financial oversight and internal accounting expertise as the company continues its operations in the energy sector.
GuruFocus context: GuruFocus’ GF Value™ estimates fair value near $128.47 (28.1% undervalued); its GF Score™ is 66/100; 11 gurus currently hold the stock, with 4 adding and 9 trimming positions in recent quarters — guru 13F data Simply Wall St and Morningstar don’t have. See the full Expand Energy CorpEXE research.
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