Petrofac Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Tareq Kawash
Chief executive officer
US$2.8m
Total compensation
| CEO salary percentage | 32.0% |
| CEO tenure | 1.7yrs |
| CEO ownership | n/a |
| Management average tenure | 3.7yrs |
| Board average tenure | 6.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -US$572m |
| Mar 31 2024 | n/a | n/a | -US$538m |
| Dec 31 2023 | US$3m | US$895k | -US$505m |
Compensation vs Market: Tareq's total compensation ($USD2.80M) is above average for companies of similar size in the German market ($USD469.36K).
Compensation vs Earnings: Insufficient data to compare Tareq's compensation with company performance.
CEO
Tareq Kawash (56 yo)
1.7yrs
Tenure
US$2,800,035
Compensation
Mr. Tareq F. Kawash serves as Group Chief Executive and Director of Petrofac Limited since April 01, 2023. He joined the Petrofac Limited in January 01, 2023. He served as Senior Vice President of Onshore...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group Chief Executive & Director | 1.7yrs | US$2.80m | no data | |
| CFO, Executive Director | 3.3yrs | US$1.01m | 0.011% € 5.8k | |
| Head of Investor Relations | no data | no data | no data | |
| Chief Compliance Officer | 6yrs | no data | no data | |
| Group General Counsel | 1.9yrs | no data | no data | |
| Group Director of Communications | 2.9yrs | no data | no data | |
| Group Director of Human Resources | no data | no data | no data | |
| Regional Managing Director of Engineering & Construction | 8.9yrs | no data | no data | |
| Chief Operating Officer of Engineering & Construction | no data | no data | no data | |
| Chief Operating Officer of Asset Solutions & Energy Transition Projects | 3.9yrs | no data | no data | |
| Group Head of Business Development | 8.9yrs | no data | no data | |
| Group Head of Health | 3.7yrs | no data | no data |
3.7yrs
Average Tenure
56yo
Average Age
Experienced Management: P2F's management team is considered experienced (3.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group Chief Executive & Director | 1.7yrs | US$2.80m | no data | |
| CFO, Executive Director | 3.3yrs | US$1.01m | 0.011% € 5.8k | |
| Independent Non-Executive Director | 6.6yrs | US$119.00k | 0.029% € 14.9k | |
| Non-Executive Chairman | 12.9yrs | US$420.00k | 0.13% € 65.4k | |
| Independent Non-Executive Director | 6.9yrs | US$97.00k | 0.025% € 12.8k | |
| Senior Independent Director | 9.6yrs | US$147.00k | 0.025% € 12.8k | |
| Independent Non-Executive Director | less than a year | US$10.00k | no data |
6.6yrs
Average Tenure
68yo
Average Age
Experienced Board: P2F's board of directors are considered experienced (6.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 12:53 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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 |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Petrofac Limited is covered by 48 analysts. 3 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 |
|---|---|
| Mark van der Geest | ABN AMRO Bank N.V. |
| Ben Snow | Arden Partners Plc. |
| James Crandell | Barclays |