Divergent Energy Services Management
Management criteria checks 3/4
Divergent Energy Services' CEO is Ken Berg, appointed in Jan 2013, has a tenure of 11.33 years. total yearly compensation is $218.63K, comprised of 67.6% salary and 32.4% bonuses, including company stock and options. directly owns 1.32% of the company’s shares, worth CA$2.46K. The average tenure of the management team and the board of directors is 4.2 years and 9.6 years respectively.
Key information
Ken Berg
Chief executive officer
US$218.6k
Total compensation
| CEO salary percentage | 67.6% |
| CEO tenure | 11.3yrs |
| CEO ownership | 1.3% |
| Management average tenure | 4.2yrs |
| Board average tenure | 9.6yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | -US$410k |
| Jun 30 2023 | n/a | n/a | US$46k |
| Mar 31 2023 | n/a | n/a | US$718k |
| Dec 31 2022 | US$219k | US$148k | US$561k |
| Sep 30 2022 | n/a | n/a | US$942k |
| Jun 30 2022 | n/a | n/a | US$928k |
| Mar 31 2022 | n/a | n/a | US$226k |
| Dec 31 2021 | US$164k | US$148k | US$2m |
| Sep 30 2021 | n/a | n/a | US$3m |
| Jun 30 2021 | n/a | n/a | US$3m |
| Mar 31 2021 | n/a | n/a | US$2m |
| Dec 31 2020 | US$170k | US$129k | US$129k |
| Sep 30 2020 | n/a | n/a | -US$2m |
| Jun 30 2020 | n/a | n/a | -US$2m |
| Mar 31 2020 | n/a | n/a | -US$2m |
| Dec 31 2019 | US$142k | US$139k | -US$3m |
| Sep 30 2019 | n/a | n/a | -US$875k |
| Jun 30 2019 | n/a | n/a | -US$2m |
| Mar 31 2019 | n/a | n/a | -US$964k |
| Dec 31 2018 | US$142k | US$132k | US$71k |
| Sep 30 2018 | n/a | n/a | -US$179k |
| Jun 30 2018 | n/a | n/a | US$228k |
| Mar 31 2018 | n/a | n/a | -US$1m |
| Dec 31 2017 | US$163k | US$143k | -US$3m |
Compensation vs Market: Ken's total compensation ($USD218.63K) is about average for companies of similar size in the Canadian market ($USD175.57K).
Compensation vs Earnings: Ken's compensation has increased whilst the company is unprofitable.
CEO
Ken Berg
11.3yrs
Tenure
US$218,632
Compensation
Mr. Kenneth Andrew Berg, also known as Ken, has been the Chief Executive Officer and President of Divergent Energy Services Corp. since January 28, 2013. Mr. Berg served as the Chief Operations Officer of...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 7.2yrs | US$133.41k | 1.94% $ 3.6k | |
| CEO, President & Director | 11.3yrs | US$218.63k | 1.32% $ 2.5k | |
| CFO & Corporate Secretary | 3yrs | US$145.93k | 0.89% $ 1.7k | |
| Controller | no data | no data | no data |
4.2yrs
Average Tenure
Experienced Management: DVG's management team is considered experienced (4.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 7.2yrs | US$133.41k | 1.94% $ 3.6k | |
| CEO, President & Director | 11.6yrs | US$218.63k | 1.32% $ 2.5k | |
| Independent Lead Director | 11.5yrs | US$16.23k | 1.37% $ 2.5k | |
| Independent Director | 4.2yrs | US$16.23k | 0.67% $ 1.3k | |
| Independent Director | 9.6yrs | US$16.23k | 0.024% $ 44.0 |
9.6yrs
Average Tenure
Experienced Board: DVG's board of directors are considered experienced (9.6 years average tenure).