About

Jere W. Thompson III has served as Diamondback's Executive Vice President and Chief Financial Officer since February 2025, having joined the Company as Vice President of Strategy and Corporate Development in March 2021. He previously held finance and planning leadership roles at Concho Resources. He holds a Bachelor of Business Administration in Finance and a Bachelor of Arts in History from the University of Texas at Austin.

Roles

Diamondback Energy, Inc.
Executive Vice President and Chief Financial Officer · Current role
2021–present
Diamondback Energy, Inc.
Executive Vice President - Strategy and Corporate Development
Concho Resources Inc.
Vice President of Planning
Amegy Bank
Energy group roles

Fixed Compensation

FY 2025
Salary
$541,667
ComponentAnnual base salary
All other compensation
$44,111
Detail401(k) match, insurance premiums and executive physical reimbursement
Total compensation
$4,648,552

Performance Compensation

Data from FY 2025

Cash incentive

Non-equity incentive plan compensation
$796,950
Target Opportunity
PlanAnnual Incentive Plan (performance-based cash bonus)

Stock awards

Performance-based stock awards
$2,400,287
FormPerformance-based RSUs (relative TSR)
Time-vested stock awards
$865,537
FormTime-vested RSUs

Also at Diamondback Energy, Inc.

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