STEP Energy Services Management
Management criteria checks 2/4
STEP Energy Services' CEO is Steve Glanville, appointed in Jul 2021, has a tenure of 2.75 years. total yearly compensation is CA$1.84M, comprised of 22.5% salary and 77.5% bonuses, including company stock and options. directly owns 0.31% of the company’s shares, worth CA$894.72K. The average tenure of the management team and the board of directors is 2.3 years and 5.1 years respectively.
Key information
Steve Glanville
Chief executive officer
CA$1.8m
Total compensation
| CEO salary percentage | 22.5% |
| CEO tenure | 2.8yrs |
| CEO ownership | 0.3% |
| Management average tenure | 2.3yrs |
| Board average tenure | 5.1yrs |
Recent management updates
Recent updates
Returns Are Gaining Momentum At STEP Energy Services (TSE:STEP)
Apr 07
Sentiment Still Eluding STEP Energy Services Ltd. (TSE:STEP)
Mar 15Earnings Miss: STEP Energy Services Ltd. Missed EPS By 14% And Analysts Are Revising Their Forecasts
Mar 15Is STEP Energy Services (TSE:STEP) Using Too Much Debt?
Dec 13STEP Energy Services (TSE:STEP) Is Very Good At Capital Allocation
Sep 02Return Trends At STEP Energy Services (TSE:STEP) Aren't Appealing
May 30Is STEP Energy Services (TSE:STEP) A Risky Investment?
Apr 17STEP Energy Services (TSE:STEP) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Nov 09These 4 Measures Indicate That STEP Energy Services (TSE:STEP) Is Using Debt Extensively
Aug 01New Forecasts: Here's What Analysts Think The Future Holds For STEP Energy Services Ltd. (TSE:STEP)
May 21Is STEP Energy Services (TSE:STEP) A Risky Investment?
Sep 28Is STEP Energy Services (TSE:STEP) Using Debt In A Risky Way?
May 17Breakeven On The Horizon For STEP Energy Services Ltd. (TSE:STEP)
Mar 23Calculating The Intrinsic Value Of STEP Energy Services Ltd. (TSE:STEP)
Feb 18Need To Know: Analysts Are Much More Bullish On STEP Energy Services Ltd. (TSE:STEP)
Jan 13Is STEP Energy Services (TSE:STEP) Weighed On By Its Debt Load?
Dec 22
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | CA$50m |
| Sep 30 2023 | n/a | n/a | CA$72m |
| Jun 30 2023 | n/a | n/a | CA$82m |
| Mar 31 2023 | n/a | n/a | CA$105m |
| Dec 31 2022 | CA$2m | CA$413k | CA$95m |
| Sep 30 2022 | n/a | n/a | CA$72m |
| Jun 30 2022 | n/a | n/a | CA$38m |
| Mar 31 2022 | n/a | n/a | -CA$11m |
| Dec 31 2021 | CA$1m | CA$367k | -CA$28m |
| Sep 30 2021 | n/a | n/a | -CA$39m |
| Jun 30 2021 | n/a | n/a | -CA$45m |
| Mar 31 2021 | n/a | n/a | -CA$75m |
| Dec 31 2020 | CA$397k | CA$303k | -CA$119m |
| Sep 30 2020 | n/a | n/a | -CA$127m |
| Jun 30 2020 | n/a | n/a | -CA$230m |
| Mar 31 2020 | n/a | n/a | -CA$195m |
| Dec 31 2019 | CA$912k | CA$334k | -CA$144m |
| Sep 30 2019 | n/a | n/a | -CA$178m |
| Jun 30 2019 | n/a | n/a | -CA$56m |
| Mar 31 2019 | n/a | n/a | -CA$58m |
| Dec 31 2018 | CA$952k | CA$334k | -CA$39m |
| Sep 30 2018 | n/a | n/a | CA$37m |
| Jun 30 2018 | n/a | n/a | CA$56m |
| Mar 31 2018 | n/a | n/a | CA$67m |
| Dec 31 2017 | CA$909k | CA$282k | CA$58m |
Compensation vs Market: Steve's total compensation ($USD1.34M) is above average for companies of similar size in the Canadian market ($USD734.01K).
Compensation vs Earnings: Steve's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Steve Glanville (49 yo)
2.8yrs
Tenure
CA$1,837,451
Compensation
Mr. Stephen Glanville, also known as Steve, co-founded Step Energy Services Ltd. in 2011 and had been its Chief Operating Officer since March 21, 2011 until September 30, 2022 and serves as its President s...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.8yrs | CA$1.84m | 0.31% CA$ 894.7k | |
| Chief Financial Officer | 2.4yrs | CA$1.11m | 0.060% CA$ 171.6k | |
| Chief Operating Officer | 1.5yrs | CA$1.13m | 0.090% CA$ 257.3k | |
| VP of Legal & General Counsel | 8.3yrs | CA$597.62k | 0.21% CA$ 589.7k | |
| Vice President of Sustainability & Communications | less than a year | no data | 0.0076% CA$ 21.9k | |
| Vice President of Human Resource | 2.1yrs | no data | 0.017% CA$ 47.7k |
2.3yrs
Average Tenure
46.5yo
Average Age
Experienced Management: STEP's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.6yrs | CA$1.84m | 0.31% CA$ 894.7k | |
| Independent Chairman | 13.1yrs | CA$175.00k | 0.014% CA$ 40.0k | |
| Independent Director | 6.9yrs | CA$152.00k | 0.064% CA$ 184.0k | |
| Independent Director | less than a year | no data | 0.014% CA$ 40.0k | |
| Independent Lead Director | 5.1yrs | CA$174.47k | 0.094% CA$ 269.6k | |
| Non-Independent Director | 13.1yrs | CA$143.00k | no data | |
| Independent Director | less than a year | no data | 0.049% CA$ 140.0k |
5.1yrs
Average Tenure
53yo
Average Age
Experienced Board: STEP's board of directors are considered experienced (5.1 years average tenure).