Horizon Oil Management
Management criteria checks 1/4
Horizon Oil's CEO is Richard Beament, appointed in Jul 2022, has a tenure of 1.75 years. total yearly compensation is $1.39M, comprised of 24.3% salary and 75.7% bonuses, including company stock and options. directly owns 0.74% of the company’s shares, worth A$2.15M. The average tenure of the management team and the board of directors is 1.8 years and 5.4 years respectively.
Key information
Richard Beament
Chief executive officer
US$1.4m
Total compensation
| CEO salary percentage | 24.3% |
| CEO tenure | 1.8yrs |
| CEO ownership | 0.7% |
| Management average tenure | 1.8yrs |
| Board average tenure | 5.4yrs |
Recent management updates
Recent updates
Horizon Oil (ASX:HZN) Could Become A Multi-Bagger
Apr 19
Calculating The Fair Value Of Horizon Oil Limited (ASX:HZN)
Feb 01Horizon Oil Limited's (ASX:HZN) 29% Dip In Price Shows Sentiment Is Matching Earnings
Sep 01Horizon Oil (ASX:HZN) Has Debt But No Earnings; Should You Worry?
Feb 26Horizon Oil (ASX:HZN) Share Prices Have Dropped 46% In The Last Year
Dec 15
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | US$43m |
| Sep 30 2023 | n/a | n/a | US$44m |
| Jun 30 2023 | US$1m | US$339k | US$44m |
| Mar 31 2023 | n/a | n/a | US$40m |
| Dec 31 2022 | n/a | n/a | US$35m |
| Sep 30 2022 | n/a | n/a | US$30m |
| Jun 30 2022 | US$539k | US$319k | US$24m |
| Dec 31 2021 | n/a | n/a | US$11m |
| Sep 30 2021 | n/a | n/a | US$8m |
| Jun 30 2021 | US$480k | US$312k | US$5m |
| Dec 31 2020 | n/a | n/a | US$10m |
| Sep 30 2020 | n/a | n/a | US$13m |
| Jun 30 2020 | US$384k | US$294k | US$16m |
| Mar 31 2020 | n/a | n/a | US$19m |
| Dec 31 2019 | n/a | n/a | US$23m |
| Sep 30 2019 | n/a | n/a | US$30m |
| Jun 30 2019 | US$435k | US$304k | US$36m |
Compensation vs Market: Richard's total compensation ($USD1.39M) is above average for companies of similar size in the Australian market ($USD631.88K).
Compensation vs Earnings: Richard's compensation has increased by more than 20% in the past year.
CEO
Richard Beament
1.8yrs
Tenure
US$1,394,089
Compensation
Mr. Richard Beament serves as Chief Executive Officer, Managing Director and Director of Horizon Oil Limited since July 01, 2022. He served as Chief Financial Officer at Horizon Oil Ltd since July 1, 2018...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 1.8yrs | US$1.39m | 0.74% $ 2.2m | |
| CFO & Assistant Company Secretary | 1.8yrs | US$316.28k | 0.0041% $ 11.8k | |
| Group Chief Operating Officer | 1.8yrs | US$677.97k | 0.0074% $ 21.6k | |
| Company Secretary & Group Tax Manager | 1.8yrs | no data | no data |
1.8yrs
Average Tenure
Experienced Management: HZN's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 1.8yrs | US$1.39m | 0.74% $ 2.2m | |
| Independent Non-Executive Chairman | 5.4yrs | US$120.44k | 0.031% $ 90.0k | |
| Independent Non-Executive Director | 3.6yrs | US$60.22k | no data | |
| Non-Executive Director | 2.8yrs | US$60.22k | no data | |
| Non-Executive Director | 7.1yrs | US$60.22k | 0.062% $ 180.0k | |
| Non-Executive Independent Director | 8.2yrs | US$60.22k | no data | |
| Alternate Non-Executive Director | 7.1yrs | no data | no data |
5.4yrs
Average Tenure
67yo
Average Age
Experienced Board: HZN's board of directors are considered experienced (5.4 years average tenure).