Cathedral Energy Services Management
Management criteria checks 2/4
Cathedral Energy Services' CEO is Tom Connors, appointed in Mar 2021, has a tenure of 3.08 years. total yearly compensation is CA$1.71M, comprised of 23.5% salary and 76.5% bonuses, including company stock and options. directly owns 1.06% of the company’s shares, worth CA$2.24M. The average tenure of the management team and the board of directors is 1.8 years and 11.4 years respectively.
Key information
Tom Connors
Chief executive officer
CA$1.7m
Total compensation
| CEO salary percentage | 23.5% |
| CEO tenure | 3.1yrs |
| CEO ownership | 1.1% |
| Management average tenure | 1.8yrs |
| Board average tenure | 11.4yrs |
Recent management updates
Recent updates
Some May Be Optimistic About Cathedral Energy Services' (TSE:CET) Earnings
Apr 04
Does Cathedral Energy Services (TSE:CET) Have A Healthy Balance Sheet?
Mar 04Cathedral Energy Services' (TSE:CET) Earnings Aren't As Good As They Appear
Nov 22Health Check: How Prudently Does Cathedral Energy Services (TSE:CET) Use Debt?
Nov 13Cathedral Energy Services (TSE:CET) Is Carrying A Fair Bit Of Debt
Dec 16CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | CA$2m | CA$400k | CA$11m |
| Sep 30 2023 | n/a | n/a | CA$19m |
| Jun 30 2023 | n/a | n/a | CA$22m |
| Mar 31 2023 | n/a | n/a | CA$17m |
| Dec 31 2022 | CA$2m | CA$370k | CA$18m |
| Sep 30 2022 | n/a | n/a | CA$7m |
| Jun 30 2022 | n/a | n/a | -CA$1m |
| Mar 31 2022 | n/a | n/a | -CA$4m |
| Dec 31 2021 | CA$471k | CA$234k | -CA$9m |
Compensation vs Market: Tom's total compensation ($USD1.24M) is above average for companies of similar size in the Canadian market ($USD729.70K).
Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.
CEO
Tom Connors
3.1yrs
Tenure
CA$1,705,519
Compensation
Mr. Thomas J. Connors, also known as Tom, has been the Chief Executive Officer, President and Director of Cathedral Energy Services Ltd. since March 08, 2021. He had been Executive Vice President of Canada...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 23.5yrs | CA$697.83k | 3.21% CA$ 6.8m | |
| President | 3.1yrs | CA$1.71m | 1.06% CA$ 2.2m | |
| Interim Chief Financial Officer | 1.3yrs | CA$907.83k | 0.22% CA$ 462.0k | |
| President of Altitude Energy Partners | 1.8yrs | CA$1.13m | 4.67% CA$ 9.9m | |
| Executive Vice President of Altitude Energy Partners - US Operations | 1.8yrs | CA$1.07m | no data | |
| Senior Vice President of Corporate Development | less than a year | no data | 0.10% CA$ 220.0k | |
| President of Discovery Downhole Services | 3yrs | CA$815.10k | 0.18% CA$ 382.2k | |
| Senior Vice President of Canadian Operations | no data | no data | no data | |
| President of Rime Downhole Technologies | no data | no data | no data |
1.8yrs
Average Tenure
Experienced Management: CET's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 23.5yrs | CA$697.83k | 3.21% CA$ 6.8m | |
| President | 3.1yrs | CA$1.71m | 1.06% CA$ 2.2m | |
| Independent Director | 8.5yrs | CA$131.00k | 0.24% CA$ 507.8k | |
| Lead Independent Director | 21yrs | CA$106.50k | 0.55% CA$ 1.2m | |
| Independent Director | 14.3yrs | CA$101.50k | 0.28% CA$ 594.4k | |
| Independent Director | 2.8yrs | CA$112.00k | no data | |
| Independent Director | no data | no data | no data |
11.4yrs
Average Tenure
Experienced Board: CET's board of directors are seasoned and experienced ( 11.4 years average tenure).