California Resources Management
Management criteria checks 2/4
California Resources' CEO is Francisco Leon, appointed in Apr 2023, has a tenure of 1.75 years. total yearly compensation is $10.19M, comprised of 7% salary and 93% bonuses, including company stock and options. directly owns 0.077% of the company’s shares, worth €3.57M. The average tenure of the management team and the board of directors is 3.7 years and 3.4 years respectively.
Key information
Francisco Leon
Chief executive officer
US$10.2m
Total compensation
| CEO salary percentage | 7.0% |
| CEO tenure | 1.8yrs |
| CEO ownership | 0.08% |
| Management average tenure | 3.7yrs |
| Board average tenure | 3.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$531m |
| Jun 30 2024 | n/a | n/a | US$164m |
| Mar 31 2024 | n/a | n/a | US$253m |
| Dec 31 2023 | US$10m | US$709k | US$564m |
| Sep 30 2023 | n/a | n/a | US$459m |
| Jun 30 2023 | n/a | n/a | US$907m |
| Mar 31 2023 | n/a | n/a | US$1b |
| Dec 31 2022 | US$1m | US$500k | US$524m |
| Sep 30 2022 | n/a | n/a | US$1b |
| Jun 30 2022 | n/a | n/a | US$832m |
| Mar 31 2022 | n/a | n/a | US$531m |
| Dec 31 2021 | US$5m | US$491k | US$612m |
| Sep 30 2021 | n/a | n/a | US$4b |
| Jun 30 2021 | n/a | n/a | US$4b |
| Mar 31 2021 | n/a | n/a | US$3b |
| Dec 31 2020 | US$4m | US$363k | US$2b |
Compensation vs Market: Francisco's total compensation ($USD10.19M) is above average for companies of similar size in the German market ($USD1.91M).
Compensation vs Earnings: Francisco's compensation has increased by more than 20% in the past year.
CEO
Francisco Leon (47 yo)
1.8yrs
Tenure
US$10,185,668
Compensation
Mr. Francisco J. Leon served as an Executive Vice President and Chief Financial Officer at California Resources Corporation since August 14, 2020 until April 28, 2023 and served as its Executive Vice Presi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.8yrs | US$10.19m | 0.077% € 3.6m | |
| EVP, Chief Strategy Officer | 11yrs | US$5.76m | 0.00093% € 43.0k | |
| Executive VP & Chief Commercial Officer | 3.7yrs | US$5.43m | 0.082% € 3.8m | |
| Executive VP & Chief Sustainability Officer | 3.6yrs | US$5.49m | 0.049% € 2.2m | |
| Executive Vice President of Operations | 1.5yrs | no data | 0% € 0 | |
| Senior VP | 3.8yrs | no data | 0% € 0 | |
| Vice President of Investor Relations | 4yrs | no data | no data | |
| Director of Communications | 4yrs | no data | no data | |
| Senior Vice President of People Operations | no data | no data | no data | |
| Senior VP of Transformation Office | no data | no data | no data | |
| Senior Executive Advisor | no data | US$1.67m | no data |
3.7yrs
Average Tenure
54yo
Average Age
Experienced Management: 1CLD's management team is considered experienced (3.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.8yrs | US$10.19m | 0.077% € 3.6m | |
| Lead Independent Director | 4.3yrs | US$433.95k | no data | |
| Independent Chair of the Board | 4.3yrs | US$597.16k | 0.011% € 503.8k | |
| Non-Executive Director | 4.3yrs | US$914.70k | 0.085% € 3.9m | |
| Independent Director | 3.1yrs | US$370.68k | no data | |
| Independent Director | 4.3yrs | US$420.97k | 0.010% € 482.6k | |
| Director | less than a year | no data | 0.023% € 1.1m | |
| Independent Director | 3.7yrs | US$382.48k | 0.00081% € 37.4k | |
| Director | less than a year | no data | no data | |
| Director | less than a year | no data | no data |
3.4yrs
Average Tenure
55.5yo
Average Age
Experienced Board: 1CLD's board of directors are considered experienced (3.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/06 13:21 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
California Resources Corporation is covered by 29 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Betty Jiang | Barclays |
| Kaleinoheaokeala Akamine | BofA Global Research |
| William Frohnhoefer | BTIG |