An update from Cactus (WHD) is now available.
Jay Nutt has been appointed as the new Executive Vice President, Chief Financial Officer, and Treasurer for Cactus, Inc., set to start on June 3, 2024. With a robust background in finance, including leadership roles at ChampionX and FMC Technologies, Nutt brings extensive experience to the table. His compensation includes a $450,000 base salary with bonus opportunities tied to company and personal performance, as well as eligibility for long-term incentive plans involving restricted stock units that vest over time based on the company’s financial metrics. Nutt’s appointment is a strategic move for Cactus, Inc. as they continue to strengthen their financial leadership team.
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