Ithaca Energy Management
Management criteria checks 1/4
Ithaca Energy's CEO is Iain Lewis, appointed in Jan 2024, has a tenure of less than a year. total yearly compensation is $789.11K, comprised of 48.5% salary and 51.5% bonuses, including company stock and options. directly owns 0% of the company’s shares, worth €1.59K. The average tenure of the management team and the board of directors is 0.4 years and 1.7 years respectively.
Key information
Iain Lewis
Chief executive officer
US$789.1k
Total compensation
| CEO salary percentage | 48.5% |
| CEO tenure | less than a year |
| CEO ownership | 0.0001% |
| Management average tenure | less than a year |
| Board average tenure | 1.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$100m |
| Dec 31 2023 | US$789k | US$382k | US$216m |
| Sep 30 2023 | n/a | n/a | -US$122m |
| Jun 30 2023 | n/a | n/a | -US$367m |
| Mar 31 2023 | n/a | n/a | US$428m |
| Dec 31 2022 | US$473k | US$82k | US$1b |
Compensation vs Market: Iain's total compensation ($USD789.11K) is below average for companies of similar size in the German market ($USD1.58M).
Compensation vs Earnings: Iain's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Iain Lewis (47 yo)
less than a year
Tenure
US$789,108
Compensation
Mr. Iain Lewis is Technical Director of Global Beach Limited. He is Chief Financial Officer of Ithaca Energy plc and serves as its Executive Director since October 10, 2022 and serves as its Interim Chief...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Interim CEO | less than a year | US$789.11k | 0.00011% $ 1.6k | |
| Advisor | less than a year | US$10.66m | 0.14% $ 2.0m | |
| Chief Operating Officer | less than a year | no data | no data | |
| General Manager of NOJV | 4.6yrs | no data | no data | |
| General Counsel & Company Secretary | 4.3yrs | no data | no data | |
| General Manager of Operations | no data | no data | no data |
0.4yrs
Average Tenure
49yo
Average Age
Experienced Management: XE3's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Interim CEO | 1.7yrs | US$789.11k | 0.00011% $ 1.6k | |
| Independent Non Executive Director | 1.7yrs | US$95.61k | 0.011% $ 158.3k | |
| Interim Independent Non-Executive Chairman | 1.7yrs | US$121.11k | 0.0020% $ 28.8k | |
| Non Executive Director | 1.7yrs | US$486.98k | no data | |
| Independent Non Executive Director | 1.7yrs | US$121.11k | 0.0025% $ 35.9k | |
| Independent Non Executive Director | 1.7yrs | US$121.11k | 0.0020% $ 28.8k | |
| Senior Independent Director | less than a year | no data | no data | |
| Non-Executive Director | 1.3yrs | no data | no data |
1.7yrs
Average Tenure
56yo
Average Age
Experienced Board: XE3's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.