Secure Energy Services Management
Management criteria checks 2/4
Secure Energy Services' CEO is Allen Gransch, appointed in Nov 2022, has a tenure of less than a year. total yearly compensation is CA$5.52M, comprised of 10.6% salary and 89.4% bonuses, including company stock and options. directly owns 0.22% of the company’s shares, worth CA$8.62M. The average tenure of the management team and the board of directors is 2.8 years and 2.3 years respectively.
Key information
Allen Gransch
Chief executive officer
CA$5.5m
Total compensation
| CEO salary percentage | 10.6% |
| CEO tenure | 2yrs |
| CEO ownership | 0.2% |
| Management average tenure | 2.8yrs |
| Board average tenure | 2.3yrs |
Recent management updates
Recent updates
We Think Shareholders Should Be Aware Of Some Factors Beyond Secure Energy Services' (TSE:SES) Profit
Nov 06
Improved Earnings Required Before Secure Energy Services Inc. (TSE:SES) Stock's 31% Jump Looks Justified
Nov 02Secure Energy Services (TSE:SES) Is Paying Out A Dividend Of CA$0.10
Sep 23Is Secure Energy Services (TSE:SES) Using Too Much Debt?
Jul 25Secure Energy Services' (TSE:SES) Dividend Will Be CA$0.10
Jun 21We Believe Secure Energy Services' (TSE:SES) Earnings Are A Poor Guide For Its Profitability
May 03A Look At The Fair Value Of Secure Energy Services Inc. (TSE:SES)
Apr 07Secure Energy Services' (TSE:SES) Dividend Will Be CA$0.10
Mar 21There's Reason For Concern Over Secure Energy Services Inc.'s (TSE:SES) Price
Feb 12Calculating The Intrinsic Value Of Secure Energy Services Inc. (TSE:SES)
Jan 05Secure Energy Services Inc. (TSE:SES) Analysts Just Trimmed Their Revenue Forecasts By 13%
Dec 12Here's Why Secure Energy Services (TSE:SES) Can Manage Its Debt Responsibly
Nov 30Investor Optimism Abounds Secure Energy Services Inc. (TSE:SES) But Growth Is Lacking
Oct 30Secure Energy Services (TSE:SES) Has A Pretty Healthy Balance Sheet
Aug 27Is Secure Energy Services Inc. (TSE:SES) Trading At A 40% Discount?
Jun 08The Return Trends At Secure Energy Services (TSE:SES) Look Promising
Mar 20Secure Energy Services Inc. (TSE:SES) Shares Could Be 46% Below Their Intrinsic Value Estimate
Feb 03Is Secure Energy Services (TSE:SES) A Risky Investment?
Jan 04Secure Energy Services Inc.'s (TSE:SES) Intrinsic Value Is Potentially 59% Above Its Share Price
Aug 31CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | CA$607m |
| Jun 30 2024 | n/a | n/a | CA$560m |
| Mar 31 2024 | n/a | n/a | CA$562m |
| Dec 31 2023 | CA$6m | CA$588k | CA$195m |
| Sep 30 2023 | n/a | n/a | CA$168m |
| Jun 30 2023 | n/a | n/a | CA$181m |
| Mar 31 2023 | n/a | n/a | CA$201m |
| Dec 31 2022 | CA$3m | CA$508k | CA$184m |
| Sep 30 2022 | n/a | n/a | -CA$14m |
| Jun 30 2022 | n/a | n/a | -CA$96m |
| Mar 31 2022 | n/a | n/a | -CA$165m |
| Dec 31 2021 | CA$2m | CA$405k | -CA$203m |
| Sep 30 2021 | n/a | n/a | -CA$76m |
| Jun 30 2021 | n/a | n/a | -CA$59m |
| Mar 31 2021 | n/a | n/a | -CA$63m |
| Dec 31 2020 | CA$2m | CA$366k | -CA$85m |
| Sep 30 2020 | n/a | n/a | -CA$43m |
| Jun 30 2020 | n/a | n/a | -CA$39m |
| Mar 31 2020 | n/a | n/a | -CA$22m |
| Dec 31 2019 | CA$2m | CA$393k | CA$2m |
| Sep 30 2019 | n/a | n/a | CA$13m |
| Jun 30 2019 | n/a | n/a | CA$20m |
| Mar 31 2019 | n/a | n/a | CA$15m |
| Dec 31 2018 | CA$1m | CA$365k | CA$20m |
| Sep 30 2018 | n/a | n/a | -CA$18m |
| Jun 30 2018 | n/a | n/a | -CA$25m |
| Mar 31 2018 | n/a | n/a | -CA$32m |
| Dec 31 2017 | CA$2m | CA$365k | -CA$34m |
Compensation vs Market: Allen's total compensation ($USD3.95M) is about average for companies of similar size in the Canadian market ($USD3.18M).
Compensation vs Earnings: Allen's compensation has increased by more than 20% in the past year.
CEO
Allen Gransch (47 yo)
2yrs
Tenure
CA$5,517,986
Compensation
Mr. Allen Peter Gransch serves as President at Secure Energy Services Inc. since November 02, 2022 and has been its Director since April 26, 2024 and serves as its CEO since May 01, 2024. He served as Chie...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2yrs | CA$5.52m | 0.22% CA$ 8.6m | |
| Chief Financial Officer | 7.2yrs | CA$2.40m | 0.080% CA$ 3.2m | |
| Chief Operating Officer | 2yrs | CA$3.07m | 0.13% CA$ 5.3m | |
| Senior Vice President of Specialty Chemicals | no data | CA$1.82m | 0.10% CA$ 4.0m | |
| Corporate Secretary & General Counsel | 6.3yrs | no data | 0.032% CA$ 1.3m | |
| Vice President of Environment | 2.8yrs | no data | 0.027% CA$ 1.1m | |
| Executive | no data | no data | no data |
2.8yrs
Average Tenure
Experienced Management: SES's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | less than a year | CA$5.52m | 0.22% CA$ 8.6m | |
| Vice Chair | 17.4yrs | CA$6.31m | 0.81% CA$ 32.0m | |
| Independent Director | 3.3yrs | CA$220.00k | 0.0050% CA$ 198.4k | |
| Independent Director | 1.7yrs | CA$173.98k | 0.020% CA$ 781.7k | |
| Independent Chairman of the Board | 1.8yrs | CA$416.56k | 0.085% CA$ 3.3m | |
| Independent Director | 5.6yrs | CA$232.51k | 0.0082% CA$ 325.0k | |
| Independent Director | 2.7yrs | CA$217.29k | 0.025% CA$ 1.0m | |
| Independent Director | 2yrs | no data | no data |
2.3yrs
Average Tenure
60yo
Average Age
Experienced Board: SES's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.