Battalion Oil Management
Management criteria checks 2/4
Battalion Oil's CEO is Matt Steele, appointed in Apr 2023, has a tenure of 1.17 years. total yearly compensation is $375.62K, comprised of 49.9% salary and 50.1% bonuses, including company stock and options. directly owns 0.053% of the company’s shares, worth €33.63K. The average tenure of the management team and the board of directors is 1.2 years and 3.5 years respectively.
Key information
Matt Steele
Chief executive officer
US$375.6k
Total compensation
| CEO salary percentage | 49.9% |
| CEO tenure | 1.2yrs |
| CEO ownership | 0.05% |
| Management average tenure | 1.2yrs |
| Board average tenure | 3.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -US$73m |
| Dec 31 2023 | US$376k | US$188k | -US$15m |
Compensation vs Market: Matt's total compensation ($USD375.62K) is about average for companies of similar size in the German market ($USD434.78K).
Compensation vs Earnings: Insufficient data to compare Matt's compensation with company performance.
CEO
Matt Steele (45 yo)
1.2yrs
Tenure
US$375,621
Compensation
Mr. Matthew B. Steele, also known as Matt, serves as principal financial officer at Battalion Oil Corporation since August 08, 2023. He serves as Chief Executive Officer & Director of Battalion Oil Corpora...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Principal Financial Officer | 1.2yrs | US$375.62k | 0.053% $ 33.6k | |
| Executive VP & COO | 4.7yrs | US$722.98k | 0.18% $ 110.7k | |
| Senior VP | no data | US$478.30k | 0.044% $ 27.4k | |
| Director of Corporate Finance & Investor Relations | no data | no data | no data | |
| VP & Controller | 1.2yrs | no data | 0.046% $ 29.2k |
1.2yrs
Average Tenure
45yo
Average Age
Experienced Management: RAQB's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Principal Financial Officer | 1.2yrs | US$375.62k | 0.053% $ 33.6k | |
| Independent Director | 3yrs | US$200.00k | 0.024% $ 15.3k | |
| Independent Director | 4.7yrs | US$175.00k | 0.070% $ 44.4k | |
| Independent Chairman of the Board | 4.1yrs | US$225.00k | no data | |
| Independent Director | 4.7yrs | US$175.00k | no data | |
| Independent Director | 1.1yrs | US$96.84k | no data |
3.5yrs
Average Tenure
50.5yo
Average Age
Experienced Board: RAQB's board of directors are considered experienced (3.5 years average tenure).