Surge Energy Management
Management criteria checks 2/4
Surge Energy's CEO is Paul Colborne, appointed in May 2013, has a tenure of 11.5 years. total yearly compensation is CA$3.38M, comprised of 13.8% salary and 86.2% bonuses, including company stock and options. directly owns 1.01% of the company’s shares, worth €3.94M. The average tenure of the management team and the board of directors is 6.3 years and 14.4 years respectively.
Key information
Paul Colborne
Chief executive officer
CA$3.4m
Total compensation
| CEO salary percentage | 13.8% |
| CEO tenure | 11.5yrs |
| CEO ownership | 1.0% |
| Management average tenure | 6.3yrs |
| Board average tenure | 14.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -CA$81m |
| Jun 30 2024 | n/a | n/a | -CA$81m |
| Mar 31 2024 | n/a | n/a | -CA$3m |
| Dec 31 2023 | CA$3m | CA$465k | CA$16m |
| Sep 30 2023 | n/a | n/a | CA$149m |
| Jun 30 2023 | n/a | n/a | CA$210m |
| Mar 31 2023 | n/a | n/a | CA$268m |
| Dec 31 2022 | CA$3m | CA$430k | CA$232m |
| Sep 30 2022 | n/a | n/a | CA$171m |
| Jun 30 2022 | n/a | n/a | CA$161m |
| Mar 31 2022 | n/a | n/a | CA$396m |
| Dec 31 2021 | CA$3m | CA$415k | CA$408m |
| Sep 30 2021 | n/a | n/a | CA$307m |
| Jun 30 2021 | n/a | n/a | CA$226m |
| Mar 31 2021 | n/a | n/a | -CA$142m |
| Dec 31 2020 | CA$2m | CA$415k | -CA$747m |
| Sep 30 2020 | n/a | n/a | -CA$833m |
| Jun 30 2020 | n/a | n/a | -CA$824m |
| Mar 31 2020 | n/a | n/a | -CA$766m |
| Dec 31 2019 | CA$2m | CA$415k | -CA$159m |
| Sep 30 2019 | n/a | n/a | -CA$97m |
| Jun 30 2019 | n/a | n/a | -CA$84m |
| Mar 31 2019 | n/a | n/a | -CA$78m |
| Dec 31 2018 | CA$2m | CA$415k | -CA$72m |
| Sep 30 2018 | n/a | n/a | -CA$2m |
| Jun 30 2018 | n/a | n/a | -CA$19m |
| Mar 31 2018 | n/a | n/a | -CA$15m |
| Dec 31 2017 | CA$2m | CA$156k | -CA$7m |
Compensation vs Market: Paul's total compensation ($USD2.41M) is above average for companies of similar size in the German market ($USD995.28K).
Compensation vs Earnings: Paul's compensation has increased whilst the company is unprofitable.
CEO
Paul Colborne (65 yo)
11.5yrs
Tenure
CA$3,379,318
Compensation
Mr. Paul Colborne has been President and Chief Executive Officer of Surge Energy Inc. since May 08, 2013 and its Director since April 13, 2010. Mr. Colborne serves as the President at StarValley Oil and Ga...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 11.5yrs | CA$3.38m | 1.01% € 3.9m | |
| Chief Financial Officer | 6.3yrs | CA$1.65m | 0.17% € 651.9k | |
| Chief Operating Officer | 6.3yrs | CA$1.65m | 0.32% € 1.3m | |
| Senior Vice President of Land & Business Development | 6.3yrs | CA$1.53m | 0.38% € 1.5m | |
| Senior Vice President of Geosciences | 5yrs | CA$1.52m | 0.31% € 1.2m | |
| Corporate Secretary | no data | no data | 0.010% € 40.6k |
6.3yrs
Average Tenure
Experienced Management: 41Z0's management team is seasoned and experienced (6.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 14.6yrs | CA$3.38m | 1.01% € 3.9m | |
| Independent Chairman of the Board | 14.6yrs | CA$194.00k | 0.13% € 524.9k | |
| Independent Director | 14.6yrs | CA$169.00k | 0.085% € 331.8k | |
| Lead Independent Director | 14.6yrs | CA$159.00k | 0.61% € 2.4m | |
| Independent Director | 10.4yrs | CA$169.00k | 0.041% € 160.0k | |
| Independent Director | 14.4yrs | CA$169.00k | 0.045% € 175.1k | |
| Independent Director | 6.3yrs | CA$159.00k | 0.033% € 129.8k | |
| Independent Director | 5.5yrs | CA$159.00k | 0.037% € 144.4k | |
| Independent Director | 6.3yrs | CA$174.00k | 0.042% € 163.4k |
14.4yrs
Average Tenure
68yo
Average Age
Experienced Board: 41Z0's board of directors are seasoned and experienced ( 14.4 years average tenure).