Compressional Alfvén eigenmodes (CAEs) driven by energetic ions have been observed in magnetic fusion experiments. In this paper, we show that the modes can also be driven by runaway electrons formed in post-disruption plasma, which may explain kinetic instabilities observed in DIII-D disruption experiments with massive gas injection. The spatial structure is calculated, as are the frequencies which are in agreement with experimental observations. Using a runaway electron distribution function obtained from a kinetic simulation, the mode growth rates are calculated and found to exceed the collisional damping rate when the runaway electron density exceeds a threshold value. The excitation of CAEs poses a new possible approach to mitigate seed runaway electrons during the current quench and surpassing the avalanche.