IOG Management
Management criteria checks 1/4
IOG's CEO is Rupert Newall, appointed in Oct 2022, has a tenure of 1.17 years. total yearly compensation is £848.00K, comprised of 39% salary and 61% bonuses, including company stock and options. directly owns 0.4% of the company’s shares, worth €25.28K. The average tenure of the management team and the board of directors is 5.8 years and 2.6 years respectively.
Key information
Rupert Newall
Chief executive officer
UK£848.0k
Total compensation
| CEO salary percentage | 39.0% |
| CEO tenure | 1.2yrs |
| CEO ownership | 0.4% |
| Management average tenure | 5.8yrs |
| Board average tenure | 2.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2022 | UK£848k | UK£331k | -UK£28m |
| Sep 30 2022 | n/a | n/a | -UK£10m |
| Jun 30 2022 | n/a | n/a | UK£7m |
| Mar 31 2022 | n/a | n/a | UK£1m |
| Dec 31 2021 | UK£445k | UK£251k | -UK£2m |
| Sep 30 2021 | n/a | n/a | -UK£9m |
| Jun 30 2021 | n/a | n/a | -UK£15m |
| Mar 31 2021 | n/a | n/a | -UK£17m |
| Dec 31 2020 | UK£279k | UK£250k | -UK£19m |
| Sep 30 2020 | n/a | n/a | -UK£2m |
| Jun 30 2020 | n/a | n/a | UK£16m |
| Mar 31 2020 | n/a | n/a | UK£16m |
| Dec 31 2019 | UK£230k | UK£13k | UK£15m |
Compensation vs Market: Rupert's total compensation ($USD1.08M) is above average for companies of similar size in the German market ($USD427.28K).
Compensation vs Earnings: Rupert's compensation has increased whilst the company is unprofitable.
CEO
Rupert Newall (52 yo)
1.2yrs
Tenure
UK£848,000
Compensation
Mr. Rupert Julian Newall served as Chief Financial Officer at Independent Oil and Gas plc since November 26, 2019 until October 20, 2022 and serves as its Chief Executive Officer since October 20, 2022 and...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.2yrs | UK£848.00k | 0.40% £ 25.3k | |
| COO & Director | 1.2yrs | UK£312.26k | 0.079% £ 5.0k | |
| Chief Financial Officer | 1.2yrs | no data | 0.062% £ 3.9k | |
| Technical Director | 7.3yrs | no data | no data | |
| General Counsel & Company Secretary | 4.9yrs | no data | no data | |
| Head of Business Origination | 6.8yrs | UK£38.00k | no data | |
| Head of Capital Markets & ESG | no data | no data | 0.18% £ 11.3k | |
| Chief Petroleum Engineer | 6.8yrs | no data | no data | |
| Head of HSE & Manager of HSE | no data | no data | no data | |
| Group Financial Controller | 6.8yrs | no data | no data |
5.8yrs
Average Tenure
Experienced Management: IO7's management team is seasoned and experienced (5.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 4yrs | UK£848.00k | 0.40% £ 25.3k | |
| COO & Director | 1.1yrs | UK£312.26k | 0.079% £ 5.0k | |
| Independent Non Executive Director | 4.6yrs | UK£152.00k | 0.0038% £ 240.0 | |
| Advisor to the Board | 1.2yrs | UK£1.04m | no data | |
| Chairman & Senior Independent Non-Executive Director | 4.8yrs | UK£60.00k | 0.095% £ 6.0k | |
| Independent Non-Executive Director | less than a year | no data | no data |
2.6yrs
Average Tenure
61yo
Average Age
Experienced Board: IO7's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.