Aemetis Management

Management criteria checks 4/4

Aemetis' CEO is Eric McAfee, appointed in Jan 2005, has a tenure of 19.25 years. total yearly compensation is $460.00K, comprised of 72.8% salary and 27.2% bonuses, including company stock and options. directly owns 7.77% of the company’s shares, worth €12.50M. The average tenure of the management team and the board of directors is 14.5 years and 7.4 years respectively.

Key information

Eric McAfee

Chief executive officer

US$460.0k

Total compensation

CEO salary percentage	72.8%
CEO tenure	19.3yrs
CEO ownership	7.8%
Management average tenure	14.5yrs
Board average tenure	7.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Eric McAfee's remuneration changed compared to Aemetis's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-US$46m
Sep 30 2023	n/a	n/a	-US$43m
Jun 30 2023	n/a	n/a	-US$141m
Mar 31 2023	n/a	n/a	-US$116m
Dec 31 2022	US$460k	US$335k	-US$108m
Sep 30 2022	n/a	n/a	-US$86m
Jun 30 2022	n/a	n/a	-US$37m
Mar 31 2022	n/a	n/a	-US$47m
Dec 31 2021	US$2m	US$310k	-US$47m
Sep 30 2021	n/a	n/a	-US$61m
Jun 30 2021	n/a	n/a	-US$55m
Mar 31 2021	n/a	n/a	-US$43m
Dec 31 2020	US$360k	US$310k	-US$37m
Sep 30 2020	n/a	n/a	-US$29m
Jun 30 2020	n/a	n/a	-US$23m
Mar 31 2020	n/a	n/a	-US$38m
Dec 31 2019	US$360k	US$310k	-US$36m
Sep 30 2019	n/a	n/a	-US$40m
Jun 30 2019	n/a	n/a	-US$40m
Mar 31 2019	n/a	n/a	-US$32m
Dec 31 2018	US$350k	US$310k	-US$33m
Sep 30 2018	n/a	n/a	-US$30m
Jun 30 2018	n/a	n/a	-US$32m
Mar 31 2018	n/a	n/a	-US$32m
Dec 31 2017	US$350k	US$310k	-US$30m

Compensation vs Market: Eric's total compensation ($USD460.00K) is below average for companies of similar size in the German market ($USD678.96K).

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

CEO

Eric McAfee (60 yo)

19.3yrs

Tenure

US$460,000

Compensation

Mr. Eric A. McAfee serves as the Managing Director of Cagan McAfee Capital Partners, LLC, Investment Arm. He serves as Director at Aemetis Biogas LLC. He also serves as the Managing Director of Cagan McAfe...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Eric McAfee	Co-Founder	19.3yrs	US$460.00k	7.77% $ 12.5m
Todd Waltz	Executive VP & CFO	14.1yrs	US$1.82m	0.39% $ 632.7k
Andrew Foster	Executive VP & COO	15.8yrs	US$1.81m	0% $ 0
Sanjeev Gupta	Executive Vice President of Aemetis International	14.5yrs	US$1.83m	0.00033% $ 530.7
J. Rockett	Executive VP	less than a year	no data	0% $ 0

14.5yrs

Average Tenure

61yo

Average Age

Experienced Management: DW51's management team is seasoned and experienced (14.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Eric McAfee	Co-Founder	18.2yrs	US$460.00k	7.77% $ 12.5m
Francis Barton	Lead Independent Director	11.7yrs	US$390.04k	0.46% $ 741.7k
John Block	Independent Director	15.5yrs	US$242.85k	0.097% $ 156.3k
Lydia Beebe	Independent Director	7.4yrs	US$299.23k	0.40% $ 641.0k
Timothy Simon	Independent Director	2.5yrs	US$242.85k	0.10% $ 163.7k
Steven Hutcheson	Member of Advisory Board	4.3yrs	US$102.76k	no data
Naomi Boness	Independent Director	3.8yrs	US$242.85k	0.067% $ 108.3k

7.4yrs

Average Tenure

69yo

Average Age

Experienced Board: DW51's board of directors are considered experienced (7.4 years average tenure).

Aemetis Management

Management criteria checks 4/4

Key information

Recent management updates

Independent Director recently sold €79k worth of stock

Aemetis, Inc. Appoints J. Michael Rockett as Executive Vice President, General Counsel and Corporate Secretary

Aemetis, Inc., Annual General Meeting, May 26, 2022

Independent Director recently sold €386k worth of stock

Executive VP & COO recently sold €102k worth of stock

Recent updates

Aemetis, Inc. announced delayed annual 10-K filing

Forecast breakeven date pushed back to 2026

Full year 2023 earnings released: US$1.22 loss per share (vs US$3.12 loss in FY 2022)

Aemetis, Inc. to Report Q4, 2023 Results on Mar 07, 2024

Third quarter 2023 earnings released: EPS: US$0.79 (vs US$1.92 loss in 3Q 2022)

Aemetis, Inc. to Report Q3, 2023 Results on Nov 09, 2023

Independent Director recently sold €79k worth of stock

Aemetis, Inc. Appoints J. Michael Rockett as Executive Vice President, General Counsel and Corporate Secretary

Aemetis, Inc. to Report Q2, 2023 Results on Aug 03, 2023

Aemetis, Inc. Resumes Operations at 65 MGY California Biofuel Plant After Completing Extensive Maintenance and Upgrades

Aemetis, Inc.'s RNG Production Facility Receives EPA Approval for D3 RNG Generation

First quarter 2023 earnings released: US$0.72 loss per share (vs US$0.54 loss in 1Q 2022)

Forecast breakeven date pushed back to 2025

Full year 2022 earnings released: US$3.12 loss per share (vs US$1.54 loss in FY 2021)

Aemetis Biogas Accepts Digesters, 36 mile Pipeline and RNG Upgrade Facility as Placed In Service and Fully Operational

Third quarter 2022 earnings released: US$2.01 loss per share (vs US$0.55 loss in 3Q 2021)

American Power Group and Aemetis Biogas Conduct Multiple California Demonstrations of American Power Group's V6000 Low-Carbon Dual Fuel Solution for Class 8 Trucks

Second quarter 2022 earnings released: US$0.006 loss per share (vs US$0.34 loss in 2Q 2021)

Aemetis, Inc. announced delayed 10-Q filing

Aemetis, Inc., Annual General Meeting, May 26, 2022

Forecast breakeven date pushed back to 2024

Independent Director recently sold €386k worth of stock

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Third quarter 2021 earnings released: US$0.55 loss per share (vs US$0.59 loss in 3Q 2020)

Forecast to breakeven in 2023

Executive VP & COO recently sold €102k worth of stock

Second quarter 2021 earnings released: US$0.34 loss per share (vs US$0.11 profit in 2Q 2020)

Aemetis Present the Aemetis Corporate Presentation, Serve on the “Future of Energy” Panel

Aemetis Notified of US Forest Service Grant for Patented Process Enabling Use of Waste Wood for the ‘Carbon Zero’ Jet/Diesel Plant

Forecast breakeven moved forward to 2022

First quarter 2021 earnings released: US$0.69 loss per share (vs US$0.58 loss in 1Q 2020)

Aemetis Achieves Major Project Milestone by Receiving Authority to Construct Permits for ‘Carbon Zero’ Renewable Fuels Plant

Aemetis Receives Approval for 32 Mile Extension of Biogas Pipeline for Dairy RNG Project

Revenue misses expectations

Full year 2020 earnings released: US$1.75 loss per share (vs US$1.75 loss in FY 2019)

Aemetis, Inc. to Report Q4, 2020 Results on Mar 11, 2021

New 90-day high: €13.00

Aemetis Carbon Zero Plants Designed to Produce Renewable Jet Fuel Utilizing Renewable Hydrogen and Non-Edible Vegetable Oils

New 90-day high: €8.30

Aemetis Signs Distributor Agreement for Health Safety Products and Receives $24 Million Initial Purchase Order

Third quarter 2020 earnings released: US$0.59 loss per share

Revenue misses expectations

Aemetis, Inc. to Report Q3, 2020 Results on Nov 12, 2020

New 90-day high: €4.02

New 90-day high: €3.12

Aemetis Starts Production of Branded High-Grade Alcohol Sanitizer Products

Aemetis Regains Compliance with NASDAQ Listing Requirements

First half earnings released

New 90-day high - €0.85

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age