Newpark Resources Management

Management criteria checks 3/4

Newpark Resources' CEO is Matthew Lanigan, appointed in Apr 2016, has a tenure of 8.08 years. total yearly compensation is $2.98M, comprised of 24.4% salary and 75.6% bonuses, including company stock and options. directly owns 0.52% of the company’s shares, worth €2.90M. The average tenure of the management team and the board of directors is 6.5 years and 3.3 years respectively.

Key information

Matthew Lanigan

Chief executive officer

US$3.0m

Total compensation

CEO salary percentage	24.4%
CEO tenure	8.1yrs
CEO ownership	0.5%
Management average tenure	6.5yrs
Board average tenure	3.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Matthew Lanigan's remuneration changed compared to Newpark Resources's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$16m
Dec 31 2023	US$3m	US$725k	US$15m
Sep 30 2023	n/a	n/a	US$24m
Jun 30 2023	n/a	n/a	-US$8m
Mar 31 2023	n/a	n/a	-US$18m
Dec 31 2022	US$3m	US$679k	-US$21m
Sep 30 2022	n/a	n/a	-US$34m
Jun 30 2022	n/a	n/a	-US$19m
Mar 31 2022	n/a	n/a	-US$18m
Dec 31 2021	US$2m	US$401k	-US$26m
Sep 30 2021	n/a	n/a	-US$40m
Jun 30 2021	n/a	n/a	-US$54m
Mar 31 2021	n/a	n/a	-US$74m
Dec 31 2020	US$1m	US$376k	-US$81m
Sep 30 2020	n/a	n/a	-US$79m
Jun 30 2020	n/a	n/a	-US$57m
Mar 31 2020	n/a	n/a	-US$26m
Dec 31 2019	US$1m	US$414k	-US$13m
Sep 30 2019	n/a	n/a	US$15m
Jun 30 2019	n/a	n/a	US$20m
Mar 31 2019	n/a	n/a	US$26m
Dec 31 2018	US$2m	US$376k	US$32m
Sep 30 2018	n/a	n/a	US$30m
Jun 30 2018	n/a	n/a	US$29m
Mar 31 2018	n/a	n/a	US$19m
Dec 31 2017	US$1m	US$341k	US$11m

Compensation vs Market: Matthew's total compensation ($USD2.98M) is above average for companies of similar size in the German market ($USD1.18M).

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

CEO

Matthew Lanigan (52 yo)

8.1yrs

Tenure

US$2,976,427

Compensation

Mr. Matthew S. Lanigan is Chief Executive Officer and Director at Newpark Resources, Inc. since February 28, 2022. He had been Vice President and President of Industrial Solutions at Newpark Resources, Inc...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Matthew Lanigan	President	8.1yrs	US$2.98m	0.52% $ 2.9m
Gregg Piontek	Senior VP & CFO	12.6yrs	US$2.16m	0.83% $ 4.7m
M. Fruge	VP, General Counsel	4.3yrs	US$745.82k	0.17% $ 977.9k
David Paterson	Corporate VP & President of Fluids Systems	4.8yrs	US$1.82m	0.31% $ 1.8m
Lori Briggs	Corporate VP & President of Industrial Solutions	2.7yrs	US$1.00m	0.13% $ 712.9k
Douglas White	VP, Chief Accounting Officer & Treasurer	10yrs	no data	0.23% $ 1.3m

6.5yrs

Average Tenure

51.5yo

Average Age

Experienced Management: NWP's management team is seasoned and experienced (6.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Matthew Lanigan	President	2.3yrs	US$2.98m	0.52% $ 2.9m
Rose Robeson	Independent Chair of the Board	6.3yrs	US$279.99k	0.21% $ 1.2m
Donald Young	Independent Director	2.2yrs	US$219.33k	0.33% $ 1.8m
Michael Lewis	Independent Director	3.3yrs	US$250.00k	0.13% $ 713.1k
John Minge	Independent Director	6.4yrs	US$207.18k	0.24% $ 1.3m
Claudia Meer	Independent Director	2.2yrs	US$215.42k	0.14% $ 758.5k
Roderick Larson	Independent Director	10.2yrs	US$205.00k	0.26% $ 1.4m

3.3yrs

Average Tenure

60yo

Average Age

Experienced Board: NWP's board of directors are considered experienced (3.3 years average tenure).

Newpark Resources Management

Management criteria checks 3/4

Key information

Recent management updates

Newpark Resources, Inc., Annual General Meeting, May 16, 2024

Newpark Resources, Inc. Announces Resignation of Anthony J. Best from the Board Immediately Following the Company's Upcoming Annual Meeting of Stockholders in May 2023

Independent Director recently bought €115k worth of stock

Insider recently bought €1.3m worth of stock

Insider recently bought €298k worth of stock

Independent Director recently bought €231k worth of stock

Recent updates

First quarter 2024 earnings released: EPS: US$0.086 (vs US$0.063 in 1Q 2023)

Newpark Resources, Inc. to Report Q1, 2024 Results on May 02, 2024

Newpark Resources, Inc., Annual General Meeting, May 16, 2024

Full year 2023 earnings released: EPS: US$0.17 (vs US$0.23 loss in FY 2022)

Newpark Resources, Inc. (NYSE:NR) announces an Equity Buyback for $50 million worth of its shares.

Newpark Resources, Inc. to Report Q4, 2023 Results on Feb 21, 2024

Newpark Resources, Inc. Provides Revenue Guidance for the Fourth Quarter 2023

Third quarter 2023 earnings released: EPS: US$0.089 (vs US$0.26 loss in 3Q 2022)

Newpark Resources, Inc. to Report Q3, 2023 Results on Oct 31, 2023

Second quarter 2023 earnings released: EPS: US$0.02 (vs US$0.084 loss in 2Q 2022)

Newpark Resources, Inc. to Report Q2, 2023 Results on Aug 01, 2023

First quarter 2023 earnings released: EPS: US$0.063 (vs US$0.027 in 1Q 2022)

Full year 2022 earnings released: US$0.23 loss per share (vs US$0.28 loss in FY 2021)

Newpark Resources, Inc. to Report Q4, 2022 Results on Feb 16, 2023

Newpark Resources, Inc. Announces Resignation of Anthony J. Best from the Board Immediately Following the Company's Upcoming Annual Meeting of Stockholders in May 2023

Newpark Resources, Inc Announces Closing of U.S. Mineral Grinding Business and Conroe, Texas Blending Facility Transactions

Independent Director recently bought €115k worth of stock

Third quarter 2022 earnings released: US$0.26 loss per share (vs US$0.11 loss in 3Q 2021)

Cimbar Resources, INC. has entered into a definitive agreement to acquire U.S. Mineral grinding business of Newpark Resources, Inc.

Newpark Resources, Inc. to Report Q3, 2022 Results on Nov 01, 2022

Insider recently bought €1.3m worth of stock

Second quarter 2022 earnings released: US$0.084 loss per share (vs US$0.066 loss in 2Q 2021)

Insider recently bought €298k worth of stock

Newpark Resources, Inc. to Report Q2, 2022 Results on Aug 02, 2022

Independent Director recently bought €231k worth of stock

First quarter 2022 earnings released: EPS: US$0.027 (vs US$0.059 loss in 1Q 2021)

Insider recently bought €1.0m worth of stock

Insider recently bought €1.0m worth of stock

Newpark Resources, Inc. to Report Q1, 2022 Results on May 03, 2022

Newpark Resources, Inc. Appoints Claudia M. Meer as Member to Board of Directors

Newpark Resources, Inc. Appoints Donald "Donnie" Young to the Board of Directors, Effective March 1, 2022

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

Bradley L. Radoff Engages in Discussions with Newpark Resources

Newpark Resources, Inc. to Report Q4, 2021 Results on Feb 17, 2022

Newpark Resources, Inc. (NYSE:NR) has entered into an agreement to acquire substantially all assets and operations Of Lentzcaping, Inc. for approximately $14 million.

Third quarter 2021 earnings released: US$0.11 loss per share (vs US$0.26 loss in 3Q 2020)

President recently bought €58k worth of stock

Second quarter 2021 earnings released: US$0.066 loss per share (vs US$0.29 loss in 2Q 2020)

Insufficient new directors

First quarter 2021 earnings released: US$0.059 loss per share (vs US$0.14 loss in 1Q 2020)

New 90-day high: €3.14

Full year 2020 earnings released: US$0.90 loss per share (vs US$0.14 loss in FY 2019)

Revenue beats expectations

Revenue beats expectations

Full year 2020 earnings released: US$0.90 loss per share (vs US$0.14 loss in FY 2019)

New 90-day high: €2.36

Newpark Resources, Inc. to Report Q4, 2020 Results on Feb 11, 2021

New 90-day high: €2.00

New 90-day high: €1.70

New 90-day high: €1.59

Newpark Resources Regains Compliance with NYSE Listing Standards

Newpark Resources, Inc. Appoints Michael A. Lewis as New Member to its Board of Directors, Effective January 1, 2021

President recently bought €61k worth of stock

Newpark Resources Receives NYSE Continued Listing Standard Notice

Third quarter 2020 earnings released: US$0.26 loss per share

Revenue misses expectations

New 90-day low: €0.64

Newpark Resources, Inc. to Report Q3, 2020 Results on Nov 03, 2020

New 90-day low: €0.99

New 90-day low - €1.34

First half earnings released

Newpark Resources, Inc. to Report Q2, 2020 Results on Aug 03, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age