Antero Midstream Management

Management criteria checks 3/4

Antero Midstream's CEO is Paul Rady, appointed in Mar 2019, has a tenure of 5.08 years. total yearly compensation is $11.32M, comprised of 3.2% salary and 96.8% bonuses, including company stock and options. directly owns 0.28% of the company’s shares, worth €17.81M. The average tenure of the management team and the board of directors is 3.5 years and 5.1 years respectively.

Key information

Paul Rady

Chief executive officer

US$11.3m

Total compensation

CEO salary percentage	3.2%
CEO tenure	5.1yrs
CEO ownership	0.3%
Management average tenure	3.5yrs
Board average tenure	5.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Paul Rady's remuneration changed compared to Antero Midstream's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$389m
Dec 31 2023	US$11m	US$365k	US$371m
Sep 30 2023	n/a	n/a	US$354m
Jun 30 2023	n/a	n/a	US$340m
Mar 31 2023	n/a	n/a	US$332m
Dec 31 2022	US$11m	US$358k	US$326m
Sep 30 2022	n/a	n/a	US$322m
Jun 30 2022	n/a	n/a	US$327m
Mar 31 2022	n/a	n/a	US$328m
Dec 31 2021	US$5m	US$287k	US$331m
Sep 30 2021	n/a	n/a	US$329m
Jun 30 2021	n/a	n/a	US$345m
Mar 31 2021	n/a	n/a	US$353m
Dec 31 2020	US$3m	US$234k	-US$123m
Sep 30 2020	n/a	n/a	-US$344m
Jun 30 2020	n/a	n/a	-US$739m
Mar 31 2020	n/a	n/a	-US$758m
Dec 31 2019	US$18m	US$238k	-US$356m
Sep 30 2019	n/a	n/a	-US$193m
Jun 30 2019	n/a	n/a	US$114m
Mar 31 2019	n/a	n/a	US$59m
Dec 31 2018	US$9m	US$858k	US$61m
Sep 30 2018	n/a	n/a	US$49m
Jun 30 2018	n/a	n/a	US$34m
Mar 31 2018	n/a	n/a	US$19m
Dec 31 2017	US$10m	US$854k	US$6m

Compensation vs Market: Paul's total compensation ($USD11.32M) is above average for companies of similar size in the German market ($USD3.35M).

Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.

CEO

Paul Rady (69 yo)

5.1yrs

Tenure

US$11,315,877

Compensation

Mr. Paul M. Rady serves as Chief Executive Officer of TEP Rocky Mountain LLC. He serves as Chief Executive Officer and Chairman at Antero Midstream Corporation since March 2019 and its Director since 2019....

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Paul Rady	President	5.1yrs	US$11.32m	0.28% $ 17.9m
Brendan Krueger	CFO, VP of Finance & Treasurer	4.3yrs	US$2.45m	0.041% $ 2.6m
Michael Kennedy	Senior VP of Finance & Director	3yrs	US$5.04m	0.14% $ 8.9m
Yvette Schultz	Senior VP of Legal	7.3yrs	US$2.99m	0.028% $ 1.8m
Jon McEvers	Senior Vice President of Operations	1.2yrs	no data	no data
Sheri Pearce	Senior VP of Accounting & Chief Accounting Officer	3.9yrs	no data	0.0049% $ 312.6k
Aaron S. Merrick	Chief Administrative Officer	2.3yrs	no data	no data
W. Ash	Senior Vice President of Reserves	4.8yrs	US$3.07m	0.034% $ 2.2m
Steven Woodward	Senior Vice President of Business Development	8.3yrs	no data	no data
J. Ellis	Regional Senior Vice President	2.3yrs	no data	no data
Robert Krcek	Senior Vice President of Midstream	2.1yrs	no data	no data
Timothy J. Rady	Senior Vice President of Land	2.1yrs	no data	no data

3.5yrs

Average Tenure

51.5yo

Average Age

Experienced Management: 5711's management team is considered experienced (3.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Paul Rady	President	5.1yrs	US$11.32m	0.28% $ 17.9m
Michael Kennedy	Senior VP of Finance & Director	3yrs	US$5.04m	0.14% $ 8.9m
William Keenan	Independent Director	5.1yrs	US$256.24k	0.029% $ 1.8m
Peter Dea	Independent Director	5.1yrs	US$256.24k	0.017% $ 1.1m
David Keyte	Independent Lead Director	5yrs	US$332.24k	0.020% $ 1.2m
John Mollenkopf	Independent Director	5.1yrs	US$263.74k	0.018% $ 1.2m
Brooks Klimley	Independent Director	5.1yrs	US$286.24k	0.016% $ 1.1m
Nancy Chisholm	Independent Director	1.3yrs	US$240.78k	0.0032% $ 204.6k
Janine McArdle	Independent Director	4.1yrs	US$263.74k	0.013% $ 829.1k

5.1yrs

Average Tenure

65yo

Average Age

Experienced Board: 5711's board of directors are considered experienced (5.1 years average tenure).

Antero Midstream Management

Management criteria checks 3/4

Key information

Recent management updates

Antero Midstream Corporation, Annual General Meeting, Jun 05, 2024

Insider recently sold €187k worth of stock

Senior VP of Finance & Director recently sold €2.9m worth of stock

Independent Lead Director recently bought €95k worth of stock

Antero Midstream Appoints Nancy Chisholm to the Board of Directors

CFO, VP of Finance & Treasurer recently bought €100k worth of stock

Recent updates

Antero Midstream Corporation, Annual General Meeting, Jun 05, 2024

First quarter 2024 earnings released: EPS: US$0.22 (vs US$0.18 in 1Q 2023)

Fourth quarter dividend of US$0.23 announced

Antero Midstream Corporation to Report Q1, 2024 Results on Apr 24, 2024

Full year 2023 earnings released: EPS: US$0.78 (vs US$0.68 in FY 2022)

Antero Midstream Corporation (NYSE:AM) announces an Equity Buyback for $500 million worth of its shares.

Antero Midstream Corporation (NYSE:AM) announces an Equity Buyback for $500 million worth of its shares.

Upcoming dividend of US$0.23 per share at 7.3% yield

Antero Midstream Corporation to Report Q4, 2023 Results on Feb 14, 2024

Third quarter 2023 earnings released: EPS: US$0.20 (vs US$0.18 in 3Q 2022)

Upcoming dividend of US$0.23 per share at 7.2% yield

Antero Midstream Corporation to Report Q3, 2023 Results on Oct 25, 2023

Second quarter 2023 earnings released: EPS: US$0.18 (vs US$0.17 in 2Q 2022)

Upcoming dividend of US$0.23 per share at 7.7% yield

Antero Midstream Corporation to Report Q2, 2023 Results on Jul 26, 2023

Insider recently sold €187k worth of stock

Senior VP of Finance & Director recently sold €2.9m worth of stock

First quarter 2023 earnings released: EPS: US$0.18 (vs US$0.17 in 1Q 2022)

Upcoming dividend of US$0.23 per share at 8.5% yield

Independent Lead Director recently bought €95k worth of stock

Full year 2022 earnings released: EPS: US$0.68 (vs US$0.69 in FY 2021)

Antero Midstream Corporation (NYSE : AM) acquired Utica Shale Compression Assets of EnLink Midstream LLC (NYSE : ENLC) for $10 million.

Upcoming dividend of US$0.23 per share

Antero Midstream Corporation to Report Q4, 2022 Results on Feb 15, 2023

Antero Midstream Appoints Nancy Chisholm to the Board of Directors

Third quarter 2022 earnings released: EPS: US$0.18 (vs US$0.19 in 3Q 2021)

Antero Midstream Corporation (NYSE:AM) completed the acquisition of Marcellus natural gas gathering and compression assets of Crestwood Equity Partners LP (NYSE:CEQP).

Upcoming dividend of US$0.23 per share

Antero Midstream Corporation to Report Q3, 2022 Results on Oct 26, 2022

Antero Midstream Corporation (NYSE:AM) agreed to acquire Marcellus natural gas gathering and compression assets of Crestwood Equity Partners LP (NYSE:CEQP) for approximately $210 million in cash.

Second quarter 2022 earnings released: EPS: US$0.17 (vs US$0.17 in 2Q 2021)

Antero Midstream Corporation Reports Impairment Charges for the Second Quarter Ended June 30, 2022

Upcoming dividend of US$0.23 per share

Antero Midstream Corporation to Report Q2, 2022 Results on Jul 27, 2022

Investor sentiment deteriorated over the past week

CFO, VP of Finance & Treasurer recently bought €100k worth of stock

First quarter 2022 earnings released: EPS: US$0.17 (vs US$0.17 in 1Q 2021)

Upcoming dividend of US$0.23 per share

Antero Midstream Corporation to Report Q1, 2022 Results on Apr 27, 2022

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Antero Midstream Corporation Reports Impairment Expenses for the Three Months Ended December 31, 2021

Upcoming dividend of US$0.23 per share

Independent Director recently sold €69k worth of stock

Third quarter 2021 earnings released: EPS US$0.19 (vs US$0.22 in 3Q 2020)

Upcoming dividend of US$0.23 per share

CFO, VP of Finance & Treasurer recently bought €119k worth of stock

Second quarter 2021 earnings released: EPS US$0.17 (vs US$0.18 in 2Q 2020)

Upcoming dividend of US$0.23 per share

President, Secretary & Director Glen Warren has left the company

First quarter 2021 earnings released: EPS US$0.17 (vs US$0.81 loss in 1Q 2020)

Upcoming dividend of US$0.23 per share

New 90-day high: €7.78

Antero Midstream Corporation to Report Q4, 2020 Results on Feb 17, 2021

Antero Midstream Corporation Updates Earnings Guidance for the Year 2020

Antero Midstream Corporation to Report Q3, 2020 Results on Oct 28, 2020

Antero Midstream Corporation to Report Q2, 2020 Results on Jul 29, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age