internal
Kaes Van t Hof
Chief Executive Officer
Executive
1 yr
10 reports
Leadership change Kaes Van t Hof was promoted to Chief Executive Officer (from President) · DEF 14A, 2026-04-09
Diamondback Energy, Inc. ·FANG
Succession-driven CEO transition with an executive chairman bridge
Energy · Fortune #383 · Hybrid structure · 2K employees · Midland, Texas
View as of:
5
CEO span
↓ tighter than peers (avg 8)
2.4
Avg span
tight
3
Max depth
3 levels
3.6 yr
Avg tenure
↓ 2.6yr from FY2024
80%
Internal hires
↑ above industry avg
Consolidated financials FY2022 · period end 2022-12-31 · 10-K
Revenue
$9.6B
Operating income
$1.3B
Net income
$1.7B
Total assets
$71.1B
Shares out
282M
Sourced from Diamondback Energy, Inc. DEF 14A · filed 2026-04-09 ↗ View on SEC
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Diamondback Energy, Inc. organizational chart
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Diamondback Energy operates with a compact, succession‑driven leadership model where a newly promoted CEO works alongside an executive chairman. This page details its executive structure, leadership changes, governance context and peer comparisons.
What to model
Use the chart to test org decisions, not just view reporting lines
Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.
Latest signal Kaes Van t Hof moved into Chief Executive Officer
Succeeded Travis D. Stice as CEO at the conclusion of the 2025 Annual Meeting on 2025-05-21.
Source · See change logScenario views in the chart
- Executive Chairman Steps Down Remove the executive chairman role after the 2026 Annual Meeting, fully consolidating authority under the CEO.
- Add Chief Data & AI Officer Introduce a new executive role to accelerate subsurface analytics and operational automation.
Atlas work this supports
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The people
Who's running this
6 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.
internal
Daniel N. Wesson
Executive Vice President & Chief Operating Officer
Operations
4 yr
6 reports
internal
Jere W. Thompson III
Executive Vice President & Chief Financial Officer
Finance
1 yr
4 reports
internal
Teresa L. Dick
Executive Vice President & Chief Accounting Officer
Finance
5 yr
2 reports
internal
Matt Zmigrosky
Executive Vice President, Chief Legal & Administrative Officer
Legal
6 yr
2 reports
Travis D. Stice
Executive Chairman
Executive
1 yr
0 reports
The pay
Executive compensation
From the most recent DEF 14A Summary Compensation Table. 1 named executive officers disclosed. Bar length scales with total compensation.
Kaes Van t Hof $14.9M
- Base salary
- $1.11M
- Non-equity incentive
- $2.68M
- Other
- $44K
- Fiscal year
- FY2025
- Source
- SEC DEF 14A ↗
The businesses
How Diamondback Energy, Inc. divides the work
3 divisions report into the group CEO. Tile size scales with estimated headcount.
Operations
1K employees
EVP & COO (Daniel N. Wesson)
Manages Permian Basin drilling, completions and production activities.
Finance
250 employees
EVP & CFO (Jere W. Thompson III)
Oversees capital allocation, financial reporting and investor relations.
Legal & Administration
150 employees
EVP, Chief Legal & Administrative Officer (Matt Zmigrosky)
Handles legal affairs, compliance, governance and corporate administration.
The thesis
Why this org is unusual
Diamondback’s most distinctive feature is its CEO succession structure: a newly appointed CEO operates alongside an executive chairman as a transitional bridge.
This creates a temporary two‑center executive model uncommon for a mid‑cap E&P.
The structure concentrates operational and financial authority directly under the CEO, with no separate president role and a compact C‑suite. Finance is split between a CFO and a CAO, reflecting reporting rigor after the Endeavor merger.
Overall depth is limited, keeping decision‑making tight and centralized—typical for shale operators prioritizing capital discipline and speed.
- Executive Chairman transition planned for 2026
- Compact C-suite for a Fortune 500 E&P
The comparison
How Diamondback Energy, Inc. stacks up
Compared with Permian peers, Diamondback maintains a leaner executive layer. Unlike Pioneer or EOG, it temporarily retains an executive chairman role post‑succession. Its absence of a Chief Technology or Digital Officer contrasts with larger integrated peers. The company relies heavily on internally promoted …
C-suite size
Diamondback Energy, Inc.
6
Pioneer Natural Resources
8
Reporting depth
Diamondback Energy, Inc.
3 levels
4 levels
Pioneer Natural Resources
5 levels
6 levels
6 levels
Avg C-suite tenure
Diamondback Energy, Inc.
4 yr
6 yr
Pioneer Natural Resources
5 yr
6 yr
Has COO / Has CAIO
Diamondback Energy, Inc. ✓ COO — no CAIO
Pioneer Natural Resources ✓ COO — no CAIO
Current signals
What changed recently
Diamondback completed a planned CEO succession in 2025, elevating Kaes Van t Hof and shifting Travis Stice into a transitional executive chairman role.
- promotedKaes Van t Hof Chief Executive Officer
Succeeded Travis D. Stice as CEO at the conclusion of the 2025 Annual Meeting on 2025-05-21.
Source - promotedJere W. Thompson III EVP & Chief Financial Officer
Appointed CFO effective 2025-02-20 following internal succession planning.
Source - Date not confirmed reorgTravis D. Stice Executive Chairman
Transitioned from CEO to Executive Chairman in May 2025; scheduled to become non‑executive Chair after 2026 Annual Meeting.
Source
Leadership Timeline
Year-over-year executive structure based on SEC proxy and annual filings.
FY2025
DEF 14A filed 2026-04-09
- CEO
- Kaes Van t Hof
- CEO span
- 5
- C-suite
- 6
- Avg tenure
- 3.6 yr
Year marked by CEO succession and chairman role transition.
Named executive officers (5)
- Kaes Van t Hof - CEO since 2025
- Travis D. Stice - Executive Chairman since 2025
- Jere W. Thompson III - CFO since 2025
- Daniel N. Wesson - COO since 2019
- Teresa L. Dick - CAO since 2018
FY2024
DEF 14A filed 2025-04-10
- CEO
- Travis D. Stice
- CEO span
- 4
- C-suite
- 5
- Avg tenure
- 6.2 yr
Pre‑succession structure with long‑tenured founder CEO.
Named executive officers (5)
- Travis D. Stice - CEO since 2012
- Kaes Van t Hof - President since 2019
- Daniel N. Wesson - COO since 2019
- Teresa L. Dick - CAO since 2018
- Matt Zmigrosky - Chief Legal Officer since 2017
FY2023
DEF 14A filed 2024-04-11
- CEO
- Travis D. Stice
- CEO span
- 4
- C-suite
- 5
- Avg tenure
- 5.8 yr
Stable executive team prior to merger‑driven changes.
Named executive officers (5)
- Travis D. Stice - CEO since 2012
- Kaes Van t Hof - President since 2019
- Daniel N. Wesson - COO since 2019
- Teresa L. Dick - CAO since 2018
- Matt Zmigrosky - Chief Legal Officer since 2017
Year-over-year changes
A planned succession expanded the C‑suite and reset average tenure as internal promotions took effect.
- CEO span: 4 → 5
- C-suite size: 5 → 6
- Avg tenure: 6.2 → 3.6 yr
- promoted Kaes Van t Hof - Chief Executive Officer (was President) (DEF 14A, 2026-04-09)
- retitled Travis D. Stice - Executive Chairman (was Chief Executive Officer) (DEF 14A, 2026-04-09)
Frequently Asked Questions
Who is the CEO of Diamondback Energy?
Kaes Van t Hof has served as Chief Executive Officer since May 2025 following a planned succession.
What type of organizational structure does Diamondback Energy use?
Diamondback uses a hybrid functional structure with centralized executive control.
How many direct reports does Diamondback Energy's CEO have?
The CEO has five direct executive reports.
How has Diamondback Energy's leadership changed recently?
In 2025, the company completed a CEO transition and promoted a new CFO as part of succession planning.
Does Diamondback Energy have a COO?
Yes. Daniel N. Wesson serves as Executive Vice President and Chief Operating Officer.
Sources
- DEF 14A, Apr 2026
- SEC EDGAR: Diamondback Energy, Inc. DEF 14A Proxy Statement
- SEC EDGAR: Diamondback Energy, Inc. 10-K Annual Report
Reference
Cite this page
If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.
APA 7th
Creately. (2026). Diamondback Energy, Inc. organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/diamondback-energy/MLA 9th
"Diamondback Energy, Inc. Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/diamondback-energy/. Accessed .Chicago 17
Creately. "Diamondback Energy, Inc. Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/diamondback-energy/.Original SEC source View on SEC ↗
Diamondback Energy, Inc.. DEF 14A. Filed 2026-04-09. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/1539838/000130817926000242/fang015366-def14a.htmPermanent URL: https://creately.com/org-chart/fortune-500/diamondback-energy/ · last updated 2026-04-01