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.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/12/26 16:50 |
| End of Day Share Price | 2023/09/28 00:00 |
| Earnings | 2022/12/31 |
| Annual Earnings | 2022/12/31 |
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 |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
IOG plc is covered by 7 analysts. 2 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 |
|---|---|
| Daniel Slater | Arden Partners Plc. |
| Raymond Greaves | Cavendish |
| Siral Shah | Charles Stanley Securities |