Western Energy Services Management
Management criteria checks 3/4
Western Energy Services' CEO is Alex R. MacAusland, appointed in Dec 2009, has a tenure of 14.42 years. total yearly compensation is CA$1.07M, comprised of 49% salary and 51% bonuses, including company stock and options. directly owns 1.14% of the company’s shares, worth CA$1.06M. The average tenure of the management team and the board of directors is 11.8 years and 12.9 years respectively.
Key information
Alex R. MacAusland
Chief executive officer
CA$1.1m
Total compensation
| CEO salary percentage | 49.0% |
| CEO tenure | 14.4yrs |
| CEO ownership | 1.1% |
| Management average tenure | 11.8yrs |
| Board average tenure | 12.9yrs |
Recent management updates
Recent updates
Take Care Before Diving Into The Deep End On Western Energy Services Corp. (TSE:WRG)
Dec 22
Western Energy Services (TSE:WRG) Shareholders Will Want The ROCE Trajectory To Continue
Nov 02Is There An Opportunity With Western Energy Services Corp.'s (TSE:WRG) 22% Undervaluation?
Oct 06Does Western Energy Services (TSE:WRG) Have A Healthy Balance Sheet?
Jun 27Statutory Earnings May Not Be The Best Way To Understand Western Energy Services' (TSE:WRG) True Position
Aug 02Estimating The Fair Value Of Western Energy Services Corp. (TSE:WRG)
May 30Estimating The Fair Value Of Western Energy Services Corp. (TSE:WRG)
Feb 11Western Energy Services (TSE:WRG) Has Debt But No Earnings; Should You Worry?
Dec 02Calculating The Intrinsic Value Of Western Energy Services Corp. (TSE:WRG)
Sep 28Is Western Energy Services (TSE:WRG) Using Debt Sensibly?
Aug 04Western Energy Services Corp.'s (TSE:WRG) CEO Might Not Expect Shareholders To Be So Generous This Year
Apr 21Western Energy Services (TSE:WRG) Has Debt But No Earnings; Should You Worry?
Dec 22CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -CA$10m |
| Dec 31 2023 | CA$1m | CA$525k | -CA$7m |
| Sep 30 2023 | n/a | n/a | -CA$8m |
| Jun 30 2023 | n/a | n/a | -CA$6m |
| Mar 31 2023 | n/a | n/a | CA$37m |
| Dec 31 2022 | CA$3m | CA$525k | CA$29m |
| Sep 30 2022 | n/a | n/a | CA$26m |
| Jun 30 2022 | n/a | n/a | CA$15m |
| Mar 31 2022 | n/a | n/a | -CA$34m |
| Dec 31 2021 | CA$775k | CA$525k | -CA$36m |
| Sep 30 2021 | n/a | n/a | -CA$38m |
| Jun 30 2021 | n/a | n/a | -CA$37m |
| Mar 31 2021 | n/a | n/a | -CA$32m |
| Dec 31 2020 | CA$916k | CA$525k | -CA$41m |
| Sep 30 2020 | n/a | n/a | -CA$86m |
| Jun 30 2020 | n/a | n/a | -CA$87m |
| Mar 31 2020 | n/a | n/a | -CA$89m |
| Dec 31 2019 | CA$898k | CA$525k | -CA$81m |
| Sep 30 2019 | n/a | n/a | -CA$38m |
| Jun 30 2019 | n/a | n/a | -CA$37m |
| Mar 31 2019 | n/a | n/a | -CA$42m |
| Dec 31 2018 | CA$1m | CA$525k | -CA$41m |
| Sep 30 2018 | n/a | n/a | -CA$37m |
| Jun 30 2018 | n/a | n/a | -CA$38m |
| Mar 31 2018 | n/a | n/a | -CA$39m |
| Dec 31 2017 | CA$1m | CA$525k | -CA$38m |
Compensation vs Market: Alex R.'s total compensation ($USD777.87K) is above average for companies of similar size in the Canadian market ($USD174.31K).
Compensation vs Earnings: Alex R.'s compensation has been consistent with company performance over the past year.
CEO
Alex R. MacAusland (54 yo)
14.4yrs
Tenure
CA$1,070,380
Compensation
Mr. Alex R. N. MacAusland has been the Chief Executive Officer of Western Energy Services Corp. since December 1, 2013 and its President since December 8, 2009. Mr. MacAusland is a founder of Western. Mr....
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 14.4yrs | CA$1.07m | 1.14% CA$ 1.1m | |
| Senior VP of Finance | 14.4yrs | CA$772.25k | 0.64% CA$ 595.0k | |
| Vice President of Operations & Business Development of Stoneham Drilling | no data | CA$558.44k | no data | |
| Vice President of Operations of Horizon Drilling | no data | CA$439.71k | no data | |
| Vice President of Production Services | no data | CA$438.20k | no data | |
| Vice President of Human Resources | 2.3yrs | no data | 0.0034% CA$ 3.2k | |
| Vice President of Finance | 9.1yrs | CA$317.01k | 0.00029% CA$ 267.9 |
11.8yrs
Average Tenure
Experienced Management: WRG's management team is seasoned and experienced (11.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 14.4yrs | CA$1.07m | 1.14% CA$ 1.1m | |
| Independent Director | 14.4yrs | CA$75.00k | 0.37% CA$ 342.6k | |
| Independent Director | 2yrs | CA$60.00k | no data | |
| Independent Chairman | 13.4yrs | CA$80.00k | 5.57% CA$ 5.1m | |
| Independent Director | 2yrs | CA$70.00k | 0.42% CA$ 389.3k | |
| Independent Director | 12.9yrs | CA$60.00k | 0.16% CA$ 145.6k | |
| Independent Director | 1.9yrs | CA$70.00k | 0.036% CA$ 33.6k |
12.9yrs
Average Tenure
54yo
Average Age
Experienced Board: WRG's board of directors are seasoned and experienced ( 12.9 years average tenure).