Executive Team

I. Jon Brumley has served as the Executive Chairman of Bounty Minerals since its formation in June 2022, as the Chief Executive Officer of Bounty LLC since its formation until November 2022, and as the Executive Chairman of Bounty LLC since November 2022. Mr. Brumley began his energy career with Southland Royalty Company (“Southland”), becoming its President in 1974. Leaving in 1985 after Southland sold to Burlington Northern Railroad, Mr. Brumley co-founded Cross Timbers Oil Company (later to become XTO Energy) in 1986. Leaving in 1996, and until 1998, Mr. Brumley was the Chairman and Chief Executive Officer of Mesa Petroleum until it merged with Parker Parsley to form Pioneer Natural Resources. In 1998, Mr. Brumley co-founded Encore Acquisition Company, selling in 2010 to Denbury Inc. Mr. Brumley has been a key part of listing seven companies on the NYSE and a founder in all but two. Mr. Brumley earned his BBA in Business Administration at the University of Texas in Austin, and his MBA from the Wharton School of the University of Pennsylvania. Mr. Brumley has served on various boards and committees, including Texas Heart Institute, and currently serves on MD Anderson’s Board of Visitors and the Fort Worth Stock Show and Rodeo Board as an Executive Committee Member. Mr. Brumley is well qualified to serve on our board of directors due to his knowledge of the industry and leadership of our company since its inception.

Tracie Palmer has served as our Chief Executive Officer and President since the formation of Bounty Minerals in June 2022 and has served as Bounty LLC’s Chief Executive Officer since November 2022 and President since December 2019. Ms. Palmer started with Bounty LLC in May of 2013 as Vice President of Land before being appointed Executive Vice President of Operations in January 2019. During Ms. Palmer’s tenure at Bounty LLC, under the tutelage of I. Jon Brumley, she has been responsible for various duties within the organization including business development, acquisitions, lease negotiations, asset management, legal, title and regulatory analysis, investor relations, human resources, and corporate strategy. Ms. Palmer has 19 years of industry experience, beginning with Encore Energy Partners in 2003, and 12 years of public company experience including both Encore Operating Company and Vanguard Natural Resources after their merger with Encore in December of 2011. Ms. Palmer received her Professional Land Management Certification from Texas Christian University Energy Institute and graduated from The University of Texas at Arlington with a Bachelor of Business Administration.

Kathy Van Zandt has served as our Chief Financial Officer since September 2022. Ms. Van Zandt started with Bounty LLC in October 2015 as Accounting Manager before being appointed Director of Accounting in April 2017. Ms. Van Zandt previously served as Accounting Manager at Athlon Energy. During her tenure at Bounty LLC, Ms. Van Zandt has been highly involved in corporate strategy and has been responsible for various duties within the organization including internal and external financial reporting. Ms. Van Zandt has 17 years of industry experience, beginning with Encore Acquisition Company in 2005, and 10 years of public company experience including both Encore Acquisition Company and Athlon Energy. Ms. Van Zandt graduated from Texas Christian University with a Bachelor of Business Administration in Accounting and Finance from the Neeley School of Business and earned a Master of Business Administration from The University of Texas at Arlington. Ms. Van Zandt is a certified public accountant in the State of Texas.