Expand Energy (NASDAQ: EXE) CFO adds interim principal accounting duties
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Expand Energy Corporation disclosed that Gregory M. Larson, Vice President – Accounting & Controller, informed the company on June 23, 2026 of his intention to resign. The filing states his decision was not due to any disagreement with the company’s operations, policies or practices.
Executive Vice President and Chief Financial Officer Marcel Teunissen has assumed the role of interim principal accounting officer effective June 23, 2026 while a search is conducted for a permanent Vice President – Accounting & Controller. Teunissen, appointed CFO on April 6, 2026, has no special arrangements tied to this interim role and no related-party interests requiring disclosure.
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Negative
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8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Figures
Resignation notice date: June 23, 2026
Interim role effective date: June 23, 2026
CFO appointment date: April 6, 2026
+1 more
4 metrics
Resignation notice date
June 23, 2026
Date Gregory M. Larson informed company of intention to resign
Interim role effective date
June 23, 2026
Effective date Marcel Teunissen assumed principal accounting officer duties
CFO appointment date
April 6, 2026
Date Marcel Teunissen was appointed EVP and Chief Financial Officer
8-K signature date
June 26, 2026
Date the report was signed by Executive Vice President Chris Lacy
Key Terms
principal accounting officer, indemnification agreement, Item 404(a) of Regulation S-K, emerging growth company
4 terms
principal accounting officer financial
"has assumed the duties as principal accounting officer of the Company on an interim basis"
The Principal Accounting Officer is the person responsible for making sure a company's financial records are accurate and follow the rules. They play a key role in preparing financial reports that show how well the company is doing. This helps investors, managers, and regulators trust the company's financial information.
indemnification agreement regulatory
"The Company previously entered into an indemnification agreement with Mr. Teunissen"
An indemnification agreement is a contract in which one party promises to cover losses, costs, or legal claims that another party might face, acting like a tailored safety net or private insurance policy. For investors, it matters because such agreements shift potential financial risk away from a company or its officers and onto the indemnifier, which can affect a company’s future liabilities, cash flow and how risky the investment appears during deal-making or litigation.
Item 404(a) of Regulation S-K regulatory
"no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K"
emerging growth company regulatory
"Emerging growth company | |"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
What leadership change did Expand Energy (EXE) report in this 8-K?
Expand Energy reported that Vice President – Accounting & Controller Gregory M. Larson intends to resign. The company’s CFO, Marcel Teunissen, has taken over as interim principal accounting officer while a search is conducted for a permanent replacement.
Did Gregory Larson’s resignation at Expand Energy (EXE) involve any disagreement?
The filing states Gregory M. Larson’s decision to resign was not due to any disagreement with Expand Energy on operations, policies, or practices. This language is intended to reassure investors there are no disclosed disputes underlying his departure.
Who is serving as interim principal accounting officer at Expand Energy (EXE)?
Executive Vice President and Chief Financial Officer Marcel Teunissen is serving as interim principal accounting officer. His interim responsibilities began June 23, 2026, and will continue while Expand Energy searches for a permanent Vice President – Accounting & Controller.
When was Marcel Teunissen appointed CFO of Expand Energy (EXE)?
Marcel Teunissen was appointed Executive Vice President and Chief Financial Officer on April 6, 2026. The 8-K notes that his interim principal accounting officer role is in addition to his existing CFO responsibilities, with no special arrangements or family relationships involved.
Does Expand Energy (EXE) have an indemnification agreement with its CFO?
Yes. Expand Energy previously entered into an indemnification agreement with Marcel Teunissen in connection with his appointment as Executive Vice President and Chief Financial Officer, referencing a form filed as Exhibit 10.7 to the company’s Form 10-K dated February 26, 2025.
