VAALCO Energy Management
Management criteria checks 4/4
VAALCO Energy's CEO is George Maxwell, appointed in Apr 2021, has a tenure of 3.17 years. total yearly compensation is $1.98M, comprised of 27.8% salary and 72.2% bonuses, including company stock and options. directly owns 0.35% of the company’s shares, worth $2.32M. The average tenure of the management team and the board of directors is 2.3 years and 4 years respectively.
Key information
George Maxwell
Chief executive officer
US$2.0m
Total compensation
CEO salary percentage | 27.8% |
CEO tenure | 3.2yrs |
CEO ownership | 0.4% |
Management average tenure | 2.3yrs |
Board average tenure | 4yrs |
Recent management updates
Recent updates
Vaalco Energy: Long-Term Value And Growth Opportunity
Jun 19Vaalco Energy: Fast Paybacks Are The Key Here
Jun 03We Think VAALCO Energy, Inc.'s (NYSE:EGY) CEO Compensation Looks Fair
May 31The Strong Earnings Posted By VAALCO Energy (NYSE:EGY) Are A Good Indication Of The Strength Of The Business
May 21Results: VAALCO Energy, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
Mar 17VAALCO Energy, Inc. (NYSE:EGY) Stock Rockets 26% But Many Are Still Ignoring The Company
Mar 15Vaalco Energy: Diversification One Deal At A Time
Mar 07Is Vaalco Energy A Good Dividend Stock?
Dec 27Vaalco Energy: Doubling Down On Acquisition
Oct 12Capital Allocation Trends At VAALCO Energy (NYSE:EGY) Aren't Ideal
Oct 05A Look At The Fair Value Of VAALCO Energy, Inc. (NYSE:EGY)
Aug 31Vaalco Energy: The Stock Is Not Responding To The Company's Increase In Size
Aug 29Vaalco Energy: Steadier Growth Ahead
Aug 15Vaalco Energy: Strong Balance Sheet, An Earnings Recovery Likely, Key Support In Play
Jul 26Earnings Miss: VAALCO Energy, Inc. Missed EPS By 82% And Analysts Are Revising Their Forecasts
May 13One VAALCO Energy, Inc. (NYSE:EGY) Analyst Just Slashed Their 2023 Revenue Estimates
Apr 19Vaalco Energy: Hold On, The Industry Is Reshaping
Feb 03Vaalco Energy: A New Company Is Born
Nov 10VAALCO Energy declares $0.0325 dividend
Oct 31Vaalco Energy: Equatorial Guinea Is A Go
Sep 27With EPS Growth And More, VAALCO Energy (NYSE:EGY) Makes An Interesting Case
Sep 24VAALCO Energy: Deep Value Earns Strongest Buy Recommendation In Energy Sector
Sep 16VAALCO Energy: Excellent Quarter
Aug 22VAALCO Energy declares $0.0325 dividend
Aug 08CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Mar 31 2024 | n/a | n/a | US$64m |
Dec 31 2023 | US$2m | US$550k | US$60m |
Sep 30 2023 | n/a | n/a | US$34m |
Jun 30 2023 | n/a | n/a | US$35m |
Mar 31 2023 | n/a | n/a | US$43m |
Dec 31 2022 | US$2m | US$550k | US$51m |
Sep 30 2022 | n/a | n/a | US$68m |
Jun 30 2022 | n/a | n/a | US$92m |
Mar 31 2022 | n/a | n/a | US$83m |
Dec 31 2021 | US$818k | US$225k | US$81m |
Sep 30 2021 | n/a | n/a | US$43m |
Jun 30 2021 | n/a | n/a | US$20m |
Mar 31 2021 | n/a | n/a | US$15m |
Dec 31 2020 | US$108k | n/a | -US$48m |
Compensation vs Market: George's total compensation ($USD1.98M) is below average for companies of similar size in the US market ($USD3.44M).
Compensation vs Earnings: George's compensation has been consistent with company performance over the past year.
CEO
George Maxwell (58 yo)
3.2yrs
Tenure
US$1,976,425
Compensation
Mr. George Walter-Mitchell Maxwell serves as Chief Executive Officer at VAALCO Energy, Inc. since April 19, 2021. He had been an Independent Non-Executive Director at Lekoil Limited since January 8, 2021 u...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO & Director | 3.2yrs | US$1.98m | 0.35% $ 2.3m | |
Chief Financial Officer | 3yrs | US$1.05m | 0.10% $ 664.9k | |
Chief Operating Officer | 1.6yrs | US$1.42m | 0.18% $ 1.2m | |
Executive VP | 1.7yrs | US$799.43k | 0.052% $ 345.6k | |
Vice President of Treasury | 6.9yrs | no data | no data | |
Interim Chief Accounting Officer & Controller | less than a year | no data | 0.016% $ 106.4k | |
Investor Relations Coordinator | no data | no data | no data |
2.3yrs
Average Tenure
58yo
Average Age
Experienced Management: EGY's management team is considered experienced (2.3 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO & Director | 4yrs | US$1.98m | 0.35% $ 2.3m | |
Chairman Emeritus | 10yrs | US$551.90k | no data | |
Independent Chairman of the Board | 9.7yrs | US$310.00k | 0.46% $ 3.0m | |
Independent Director | 4yrs | US$200.00k | 0.14% $ 908.7k | |
Independent Director | 1.7yrs | US$179.00k | 0.059% $ 390.3k | |
Independent Director | 2.4yrs | US$190.00k | 0.043% $ 285.2k |
4.0yrs
Average Tenure
61yo
Average Age
Experienced Board: EGY's board of directors are considered experienced (4 years average tenure).