International Petroleum Management
Management criteria checks 4/4
International Petroleum's CEO is Will Lundin, appointed in Jan 2024, has a tenure of less than a year. total yearly compensation is $1.91M, comprised of 23.3% salary and 76.7% bonuses, including company stock and options. directly owns 0.52% of the company’s shares, worth CA$11.17M. The average tenure of the management team and the board of directors is 5.4 years and 5.6 years respectively.
Key information
Will Lundin
Chief executive officer
US$1.9m
Total compensation
| CEO salary percentage | 23.3% |
| CEO tenure | less than a year |
| CEO ownership | 0.5% |
| Management average tenure | 5.4yrs |
| Board average tenure | 5.6yrs |
Recent management updates
Recent updates
There's No Escaping International Petroleum Corporation's (TSE:IPCO) Muted Earnings
Apr 30
Slowing Rates Of Return At International Petroleum (TSE:IPCO) Leave Little Room For Excitement
Mar 20International Petroleum's (TSE:IPCO) Problems Go Beyond Weak Profit
Feb 13Earnings Report: International Petroleum Corporation Missed Revenue Estimates By 8.0%
Feb 09These 4 Measures Indicate That International Petroleum (TSE:IPCO) Is Using Debt Reasonably Well
Feb 03Insufficient Growth At International Petroleum Corporation (TSE:IPCO) Hampers Share Price
Dec 20These 4 Measures Indicate That International Petroleum (TSE:IPCO) Is Using Debt Reasonably Well
Sep 02These 4 Measures Indicate That International Petroleum (TSE:IPCO) Is Using Debt Safely
May 17Does International Petroleum (TSE:IPCO) Deserve A Spot On Your Watchlist?
Apr 28Is International Petroleum Corporation (TSE:IPCO) Trading At A 33% Discount?
Jan 22International Petroleum (TSE:IPCO) Seems To Use Debt Rather Sparingly
Jan 04With EPS Growth And More, International Petroleum (TSE:IPCO) Makes An Interesting Case
Dec 09We Think International Petroleum (TSE:IPCO) Can Stay On Top Of Its Debt
Sep 20With EPS Growth And More, International Petroleum (TSE:IPCO) Makes An Interesting Case
Aug 30Is There An Opportunity With International Petroleum Corporation's (TSE:IPCO) 47% Undervaluation?
May 26Is International Petroleum (TSE:IPCO) A Risky Investment?
May 05Is International Petroleum Corporation (TSE:IPCO) Trading At A 50% Discount?
Feb 05Does International Petroleum (TSE:IPCO) Have A Healthy Balance Sheet?
Sep 15Is International Petroleum (TSE:IPCO) A Risky Investment?
Jun 02Here's Why Shareholders Should Examine International Petroleum Corporation's (TSE:IPCO) CEO Compensation Package More Closely
Apr 28International Petroleum (TSE:IPCO) Share Prices Have Dropped 28% In The Last Three Years
Mar 04International Petroleum (TSE:IPCO) Has Debt But No Earnings; Should You Worry?
Feb 06
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$2m | US$445k | US$173m |
| Sep 30 2023 | n/a | n/a | US$204m |
| Jun 30 2023 | n/a | n/a | US$223m |
| Mar 31 2023 | n/a | n/a | US$296m |
| Dec 31 2022 | US$2m | US$330k | US$338m |
| Sep 30 2022 | n/a | n/a | US$343m |
| Jun 30 2022 | n/a | n/a | US$283m |
| Mar 31 2022 | n/a | n/a | US$200m |
| Dec 31 2021 | US$1m | US$269k | US$146m |
Compensation vs Market: Will's total compensation ($USD1.91M) is about average for companies of similar size in the Canadian market ($USD2.24M).
Compensation vs Earnings: Will's compensation has been consistent with company performance over the past year.
CEO
Will Lundin (30 yo)
less than a year
Tenure
US$1,910,826
Compensation
Mr. William A. W. Lundin, also known as Will, serves as Director of Orrön Energy AB (publ) since May 4, 2023. He serves as Director at Filo Corp. since June 27, 2022. He was Independent Chairman of Africa...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | less than a year | US$1.91m | 0.52% $ 11.2m | |
| Chief Financial Officer | 7.1yrs | US$2.30m | 0.34% $ 7.1m | |
| Senior Vice President of Corporate Planning & Investor Relations | 7.1yrs | US$1.08m | 0.011% $ 238.1k | |
| General Counsel & Corporate Secretary | 7.1yrs | US$1.98m | 0.29% $ 6.2m | |
| Chief Operating Officer | less than a year | no data | no data | |
| Senior Vice President of Canada | 5.4yrs | no data | 0.86% $ 18.3m | |
| Vice President of Commercial - Canada | less than a year | no data | 0.0064% $ 136.1k |
5.4yrs
Average Tenure
47yo
Average Age
Experienced Management: IPCO's management team is seasoned and experienced (5.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | less than a year | US$1.91m | 0.52% $ 11.2m | |
| Independent Director | 7.2yrs | US$132.98k | 0.058% $ 1.2m | |
| Independent Chairman of the Board | 7.2yrs | US$184.50k | 0.90% $ 19.2m | |
| Independent Director | 7.2yrs | US$124.61k | 0.040% $ 850.3k | |
| Independent Director | less than a year | US$9.27k | no data | |
| Director | 7.3yrs | US$5.05m | 0.40% $ 8.5m | |
| Director | 4yrs | US$101.34k | no data | |
| Independent Director | 3yrs | US$111.36k | 0% $ 0 |
5.6yrs
Average Tenure
52.5yo
Average Age
Experienced Board: IPCO's board of directors are considered experienced (5.6 years average tenure).