Kimbell Royalty Partners Management
Management criteria checks 3/4
Kimbell Royalty Partners' CEO is Bob Ravnaas, appointed in Nov 2015, has a tenure of 8.42 years. total yearly compensation is $5.24M, comprised of 11.8% salary and 88.2% bonuses, including company stock and options. directly owns 1.75% of the company’s shares, worth €24.96M. The average tenure of the management team and the board of directors is 7.8 years and 8.4 years respectively.
Key information
Bob Ravnaas
Chief executive officer
US$5.2m
Total compensation
| CEO salary percentage | 11.8% |
| CEO tenure | 8.4yrs |
| CEO ownership | 1.7% |
| Management average tenure | 7.8yrs |
| Board average tenure | 8.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$5m | US$620k | US$62m |
| Sep 30 2023 | n/a | n/a | US$81m |
| Jun 30 2023 | n/a | n/a | US$106m |
| Mar 31 2023 | n/a | n/a | US$127m |
| Dec 31 2022 | US$5m | US$575k | US$95m |
| Sep 30 2022 | n/a | n/a | US$86m |
| Jun 30 2022 | n/a | n/a | US$49m |
| Mar 31 2022 | n/a | n/a | US$14m |
| Dec 31 2021 | US$4m | US$575k | US$23m |
| Sep 30 2021 | n/a | n/a | -US$60m |
| Jun 30 2021 | n/a | n/a | -US$79m |
| Mar 31 2021 | n/a | n/a | -US$129m |
| Dec 31 2020 | US$4m | US$575k | -US$167m |
| Sep 30 2020 | n/a | n/a | -US$156m |
| Jun 30 2020 | n/a | n/a | -US$155m |
| Mar 31 2020 | n/a | n/a | -US$119m |
| Dec 31 2019 | US$2m | US$575k | -US$83m |
| Sep 30 2019 | n/a | n/a | -US$33m |
| Jun 30 2019 | n/a | n/a | -US$21m |
| Mar 31 2019 | n/a | n/a | -US$8m |
| Dec 31 2018 | US$5m | US$300k | -US$57m |
| Sep 30 2018 | n/a | n/a | -US$54m |
| Jun 30 2018 | n/a | n/a | -US$50m |
| Mar 31 2018 | n/a | n/a | -US$51m |
| Dec 31 2017 | US$994k | US$276k | US$1m |
Compensation vs Market: Bob's total compensation ($USD5.24M) is above average for companies of similar size in the German market ($USD1.62M).
Compensation vs Earnings: Bob's compensation has been consistent with company performance over the past year.
CEO
Bob Ravnaas (65 yo)
8.4yrs
Tenure
US$5,239,989
Compensation
Mr. Robert Dean Ravnaas, also known as Bob, serves as Chairman of the Board at Kimbell Tiger Acquisition Corp. Mr. Ravnaas serves as President at KRP Bakken I LLC. He serves as Managing Partner at Rivercre...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & CEO of Kimbell Royalty GP LLC | 8.4yrs | US$5.24m | 1.75% $ 25.0m | |
| Executive Vice Chairman of Kimbell Royalty GP LLC | 8.4yrs | US$2.70m | 1.08% $ 15.5m | |
| President & CFO of Kimbell Royalty GP LLC | 8.4yrs | US$4.71m | 1.17% $ 16.7m | |
| COO & Secretary of Kimbell Royalty GP LLC | 6.9yrs | US$3.21m | 0.78% $ 11.1m | |
| Controller of Kimbell Royalty GP LLC | 7.2yrs | US$641.75k | 0.075% $ 1.1m |
7.8yrs
Average Tenure
50yo
Average Age
Experienced Management: 0R3's management team is seasoned and experienced (7.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & CEO of Kimbell Royalty GP LLC | 8.4yrs | US$5.24m | 1.75% $ 25.0m | |
| Executive Vice Chairman of Kimbell Royalty GP LLC | 8.4yrs | US$2.70m | 1.08% $ 15.5m | |
| Independent Director of Kimbell Royalty GP LLC | 7.3yrs | US$269.15k | 0.12% $ 1.7m | |
| Independent Director of Kimbell Royalty GP LLC | 6yrs | US$269.15k | 0.13% $ 1.8m | |
| Director of Kimbell Royalty GP LLC | 8.4yrs | US$619.21k | 0.41% $ 5.9m | |
| Director of Kimbell Royalty GP LLC | 8.4yrs | US$190.36k | 0.12% $ 1.8m | |
| Director of Kimbell Royalty GP LLC | 8.4yrs | US$739.21k | 0.39% $ 5.5m | |
| Independent Director of Kimbell Royalty GP LLC | 7.3yrs | US$269.15k | 0.088% $ 1.3m |
8.4yrs
Average Tenure
64yo
Average Age
Experienced Board: 0R3's board of directors are considered experienced (8.4 years average tenure).