Matador Resources moved Van H. Singleton, II from co-president to special adviser under an agreement paying $450,000 annually. Bryan A. Erman will assume the co-president role, while Jonathan J. Filbert takes over land and Acquisition responsibilities, with Singleton’s Equity awards continuing to vest during the advisory term.

Key Highlights

  • Singleton retired as co-president and transitioned to a special adviser role.
  • Bryan Erman will assume the co-president position, while Jonathan Filbert will assume Singleton’s land and acquisition and divestiture responsibilities.
  • The advisory agreement provides for a $450,000 annual fee, paid at $37,500 per month.

Matador Resources Co. (NYSE: MTDR) has moved Van H. Singleton, II from co-president to special adviser to its board and executive committee under an agreement paying $450,000 a year. Bryan A. Erman will assume the co-president position, while Jonathan J. Filbert takes over Singleton’s land and acquisition and divestiture duties.

$450,000 Advisory Agreement Takes Effect

Singleton entered the advisory agreement on September 9, 2026, after retiring from his co-president role covering land, acquisitions and divestitures, and planning. The arrangement pays a monthly retainer of $37,500 in arrears, prorated for partial months, beginning September 21, 2026. Any Bonus remains discretionary, although Matador anticipates that an awarded bonus would be no less than $50,000 per year.

Erman and Filbert Assume Leadership Duties

Filbert has been executive vice president of land since October 2023 and will assume responsibility for land matters and acquisition and divestiture efforts. Singleton will advise the board and executive committee on Business development, acquisitions, divestitures and strategy, while reporting to the chairman, chief executive officer or designated personnel. His services also include Training and transitioning responsibilities to successors, and his outstanding equity awards will continue vesting during the advisory term.