Prairie Operating Co. Announces Revised Compensation Agreements for Top Executives, Including Salary Increases and Adjusted Bonus Opportunities

Reuters
2025/08/16
<a href="https://laohu8.com/S/PROP">Prairie Operating Co.</a> Announces Revised Compensation Agreements for Top Executives, Including Salary Increases and Adjusted Bonus Opportunities

Prairie Operating Co. has announced revised compensation agreements for its top executives, effective August 13, 2025. The changes include an increase in annual base salaries for CEO Ed Kovalik and President Gary C. Hanna. Kovalik's salary will rise to $750,000 from $550,000, while Hanna's will increase to $675,000 from $550,000, both retroactive to January 1, 2025. Additionally, their target annual incentive bonus opportunities have been adjusted to 125% of their respective base salaries, down from a previous 250%. These adjustments aim to align their compensation more closely with market practices, based on recommendations from the company's independent compensation consultant.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Prairie Operating Co. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-25-031548), on August 15, 2025, and is solely responsible for the information contained therein.

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