Empire Energy Group Management
Management criteria checks 3/4
Empire Energy Group's CEO is Alex Underwood, appointed in Aug 2018, has a tenure of 5.75 years. total yearly compensation is A$649.48K, comprised of 69.2% salary and 30.8% bonuses, including company stock and options. directly owns 0.28% of the company’s shares, worth A$481.25K. The average tenure of the management team and the board of directors is 3.1 years and 4 years respectively.
Key information
Alex Underwood
Chief executive officer
AU$649.5k
Total compensation
| CEO salary percentage | 69.2% |
| CEO tenure | 5.8yrs |
| CEO ownership | 0.3% |
| Management average tenure | 3.1yrs |
| Board average tenure | 4yrs |
Recent management updates
Recent updates
Is Empire Energy Group (ASX:EEG) Using Debt Sensibly?
Dec 05
Is Empire Energy Group (ASX:EEG) A Risky Investment?
Jun 01Shareholders May Be More Conservative With Empire Energy Group Limited's (ASX:EEG) CEO Compensation For Now
May 20Is Empire Energy Group (ASX:EEG) Using Too Much Debt?
Apr 01Can You Imagine How Empire Energy Group's (ASX:EEG) Shareholders Feel About The 89% Share Price Increase?
Jan 28CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | AU$649k | AU$450k | -AU$22m |
| Sep 30 2023 | n/a | n/a | -AU$17m |
| Jun 30 2023 | n/a | n/a | -AU$12m |
| Mar 31 2023 | n/a | n/a | -AU$9m |
| Dec 31 2022 | AU$714k | AU$406k | -AU$6m |
| Sep 30 2022 | n/a | n/a | -AU$7m |
| Jun 30 2022 | n/a | n/a | -AU$7m |
| Mar 31 2022 | n/a | n/a | -AU$9m |
| Dec 31 2021 | AU$690k | AU$369k | -AU$11m |
| Sep 30 2021 | n/a | n/a | -AU$10m |
| Jun 30 2021 | n/a | n/a | -AU$8m |
| Mar 31 2021 | n/a | n/a | -AU$8m |
| Dec 31 2020 | AU$721k | AU$369k | -AU$8m |
| Sep 30 2020 | n/a | n/a | -AU$12m |
| Jun 30 2020 | n/a | n/a | -AU$17m |
| Mar 31 2020 | n/a | n/a | -AU$17m |
| Dec 31 2019 | AU$569k | AU$398k | -AU$17m |
| Jun 30 2019 | n/a | n/a | -AU$9m |
| Mar 31 2019 | n/a | n/a | -AU$8m |
| Dec 31 2018 | AU$379k | AU$298k | -AU$7m |
Compensation vs Market: Alex's total compensation ($USD429.61K) is above average for companies of similar size in the Australian market ($USD296.74K).
Compensation vs Earnings: Alex's compensation has been consistent with company performance over the past year.
CEO
Alex Underwood (40 yo)
5.8yrs
Tenure
AU$649,478
Compensation
Mr. Alexander Underwood, also known as Alex, has been Chief Executive Officer and Managing Director of Empire Energy Group Limited since August 2018 and serves as its Director. He joined the company in Feb...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Director | 5.8yrs | AU$649.48k | 0.28% A$ 481.3k | |
| Chief Financial Officer | 1.8yrs | AU$420.10k | no data | |
| Chief Geoscientist | 4.2yrs | no data | no data | |
| Company Secretary & VP of Business Development | 2yrs | AU$273.62k | no data |
3.1yrs
Average Tenure
Experienced Management: EEG's management team is considered experienced (3.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Director | 5.8yrs | AU$649.48k | 0.28% A$ 481.3k | |
| Independent Non-Executive Director | 3.2yrs | AU$38.68k | 0.071% A$ 119.6k | |
| Independent Chairman | 4yrs | AU$63.57k | 0.11% A$ 182.8k | |
| Independent Non-Executive Director | 5.3yrs | AU$85.18k | 0.080% A$ 135.2k | |
| Independent Non-Executive Director | less than a year | no data | no data |
4.0yrs
Average Tenure
64yo
Average Age
Experienced Board: EEG's board of directors are considered experienced (4 years average tenure).