Secure Energy Services Inc.

DB:SEP Stock Report

Market Cap: €2.2b

Secure Energy Services Management

Management criteria checks 1/4

Secure Energy Services' CEO is Allen Gransch, appointed in Nov 2022, has a tenure of 1.92 years. total yearly compensation is CA$5.52M, comprised of 10.6% salary and 89.4% bonuses, including company stock and options. directly owns 0.22% of the company’s shares, worth €4.73M. The average tenure of the management team and the board of directors is 2.8 years and 2.3 years respectively.

Key information

Allen Gransch

Chief executive officer

CA$5.5m

Total compensation

CEO salary percentage10.6%
CEO tenure1.9yrs
CEO ownership0.2%
Management average tenure2.8yrs
Board average tenure2.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Allen Gransch's remuneration changed compared to Secure Energy Services's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

CA$560m

Mar 31 2024n/an/a

CA$562m

Dec 31 2023CA$6mCA$588k

CA$195m

Sep 30 2023n/an/a

CA$168m

Jun 30 2023n/an/a

CA$181m

Mar 31 2023n/an/a

CA$201m

Dec 31 2022CA$3mCA$508k

CA$184m

Sep 30 2022n/an/a

-CA$14m

Jun 30 2022n/an/a

-CA$96m

Mar 31 2022n/an/a

-CA$165m

Dec 31 2021CA$2mCA$405k

-CA$203m

Sep 30 2021n/an/a

-CA$76m

Jun 30 2021n/an/a

-CA$59m

Mar 31 2021n/an/a

-CA$63m

Dec 31 2020CA$2mCA$366k

-CA$85m

Sep 30 2020n/an/a

-CA$43m

Jun 30 2020n/an/a

-CA$39m

Mar 31 2020n/an/a

-CA$22m

Dec 31 2019CA$2mCA$393k

CA$2m

Sep 30 2019n/an/a

CA$13m

Jun 30 2019n/an/a

CA$20m

Mar 31 2019n/an/a

CA$15m

Dec 31 2018CA$1mCA$365k

CA$20m

Sep 30 2018n/an/a

-CA$18m

Jun 30 2018n/an/a

-CA$25m

Mar 31 2018n/an/a

-CA$32m

Dec 31 2017CA$2mCA$365k

-CA$34m

Compensation vs Market: Allen's total compensation ($USD4.02M) is above average for companies of similar size in the German market ($USD1.65M).

Compensation vs Earnings: Allen's compensation has increased by more than 20% in the past year.

CEO

Allen Gransch (47 yo)

1.9yrs

Tenure

CA$5,517,986

Compensation

Mr. Allen Peter Gransch serves as President at Secure Energy Services Inc. since November 02, 2022 and has been its Director since April 26, 2024 and serves as its CEO since May 01, 2024. He served as Chie...

Leadership Team

NamePositionTenureCompensationOwnership
Allen Gransch
President1.9yrsCA$5.52m0.22%
CA$ 4.7m
Chad Magus
Chief Financial Officer7.1yrsCA$2.40m0.080%
CA$ 1.7m
Corey Higham
Chief Operating Officer1.9yrsCA$3.07m0.13%
CA$ 2.9m
James Anderson
Senior Vice President of Specialty Chemicalsno dataCA$1.82m0.10%
CA$ 2.2m
Michael Callihoo
Corporate Secretary & General Counsel6.3yrsno data0.032%
CA$ 687.1k
Rhonda Rudnitski
Vice President of Environment2.8yrsno data0.027%
CA$ 590.0k
Alison Prokop
Executiveno datano datano data

2.8yrs

Average Tenure

Experienced Management: SEP's management team is considered experienced (2.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Allen Gransch
Presidentless than a yearCA$5.52m0.22%
CA$ 4.7m
Rene Amirault
Vice Chair17.3yrsCA$6.31m0.81%
CA$ 17.6m
Susan L. Rose
Independent Director3.3yrsCA$220.00k0.0050%
CA$ 109.0k
Wendy Hanrahan
Independent Director1.6yrsCA$173.98k0.017%
CA$ 365.2k
Michael Dilger
Independent Chairman of the Board1.8yrsCA$416.56k0.084%
CA$ 1.8m
Deanna Zumwalt
Independent Director5.5yrsCA$232.51k0.0082%
CA$ 178.4k
Mark Bly
Independent Director2.6yrsCA$217.29k0.025%
CA$ 549.1k
Joseph Lenz
Independent Director1.9yrsno datano data

2.3yrs

Average Tenure

60yo

Average Age

Experienced Board: SEP's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.