TETRA Technologies Management

Management criteria checks 3/4

TETRA Technologies' CEO is Brady Murphy, appointed in Feb 2018, has a tenure of 6.75 years. total yearly compensation is $5.11M, comprised of 13.4% salary and 86.6% bonuses, including company stock and options. directly owns 1.72% of the company’s shares, worth €8.78M. The average tenure of the management team and the board of directors is 5.2 years and 4.8 years respectively.

Key information

Brady Murphy

Chief executive officer

US$5.1m

Total compensation

CEO salary percentage	13.4%
CEO tenure	6.8yrs
CEO ownership	1.7%
Management average tenure	5.2yrs
Board average tenure	4.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Brady Murphy's remuneration changed compared to TETRA Technologies's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$7m
Jun 30 2024	n/a	n/a	US$10m
Mar 31 2024	n/a	n/a	US$20m
Dec 31 2023	US$5m	US$683k	US$26m
Sep 30 2023	n/a	n/a	US$28m
Jun 30 2023	n/a	n/a	US$22m
Mar 31 2023	n/a	n/a	US$6m
Dec 31 2022	US$5m	US$650k	US$8m
Sep 30 2022	n/a	n/a	US$9m
Jun 30 2022	n/a	n/a	US$11m
Mar 31 2022	n/a	n/a	US$3m
Dec 31 2021	US$4m	US$590k	-US$17m
Sep 30 2021	n/a	n/a	-US$9m
Jun 30 2021	n/a	n/a	-US$12m
Mar 31 2021	n/a	n/a	-US$3m
Dec 31 2020	US$2m	US$625k	US$21m
Sep 30 2020	n/a	n/a	-US$81m
Jun 30 2020	n/a	n/a	-US$87m
Mar 31 2020	n/a	n/a	-US$96m
Dec 31 2019	US$3m	US$642k	-US$118m
Sep 30 2019	n/a	n/a	-US$18m
Jun 30 2019	n/a	n/a	-US$19m
Mar 31 2019	n/a	n/a	-US$19m
Dec 31 2018	US$3m	US$467k	US$16m

Compensation vs Market: Brady's total compensation ($USD5.11M) is above average for companies of similar size in the German market ($USD1.03M).

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

CEO

Brady Murphy (64 yo)

6.8yrs

Tenure

US$5,110,924

Compensation

Mr. Brady M. Murphy has been President of CSI Compressco GP Inc., the General Partner of CSI Compressco LP since November 1, 2019 and served as its Interim President since July 22, 2019 until November 1, 2...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Brady Murphy	President	6.8yrs	US$5.11m	1.72% € 8.7m
Elijio Serrano	Senior VP	12.3yrs	US$2.25m	1.0% € 5.1m
Matthew Sanderson	Executive VP & Chief Commercial Officer	7.9yrs	US$1.70m	0.46% € 2.4m
Timothy Moeller	Senior Vice-President of Global Supply Chain & Chemicals	4.5yrs	US$1.80m	0.25% € 1.3m
Roy McNiven	Senior Vice President of Energy Services Operations	2.2yrs	US$984.43k	0.033% € 167.7k
Rigo Gonzalez	Corporate Finance & Investor Relations Manager	no data	no data	no data
Alicia Boston	General Counsel & Chief Compliance Officer	4.3yrs	no data	no data
Kimberly O'Brien	Corporate Secretary	no data	no data	no data
Jacek Mucha	Vice President of Finance & Treasurer	5.2yrs	US$728.88k	0.12% € 615.5k

5.2yrs

Average Tenure

52yo

Average Age

Experienced Management: TGI's management team is seasoned and experienced (5.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Brady Murphy	President	5.9yrs	US$5.11m	1.72% € 8.7m
John Glick	Independent Chairman of the Board	10.8yrs	US$303.52k	0.36% € 1.8m
Mark Baldwin	Independent Director	10.8yrs	US$222.58k	0.23% € 1.2m
Thomas Bates	Independent Director	13yrs	US$217.58k	0.38% € 2.0m
Shawn Williams	Independent Director	3.7yrs	US$202.58k	0.075% € 383.9k
Christian Garcia	Independent Director	1.5yrs	US$167.02k	0.030% € 150.9k
Sharon McGee	Independent Director	2.8yrs	US$202.58k	0.055% € 282.1k
Angela John	Independent Director	less than a year	no data	0.0039% € 19.9k

4.8yrs

Average Tenure

62.5yo

Average Age

Experienced Board: TGI's board of directors are considered experienced (4.8 years average tenure).

TETRA Technologies Management

Management criteria checks 3/4

Key information

Recent management updates

TETRA Technologies, Inc. Announces Executive Changes

Tetra Technologies, Inc. Announces Board Changes

TETRA Technologies, Inc., Annual General Meeting, May 21, 2024

TETRA Technologies, Inc. Announces Board Changes

Senior VP & CFO recently bought €98k worth of stock

Tetra Technologies, Inc. Announces Executive Changes

Recent updates

Investor sentiment improves as stock rises 20%

Third quarter 2024 earnings released: EPS: US$0.022 (vs US$0.042 in 3Q 2023)

TETRA Technologies, Inc. to Report Q3, 2024 Results on Oct 29, 2024

Investor sentiment improves as stock rises 17%

TETRA Technologies, Inc. Announces Executive Changes

Investor sentiment deteriorates as stock falls 17%

New minor risk - Earnings quality

Second quarter 2024 earnings released: EPS: US$0.058 (vs US$0.14 in 2Q 2023)

Investor sentiment improves as stock rises 15%

TETRA Technologies, Inc. to Report Q2, 2024 Results on Jul 31, 2024

New minor risk - Share price stability

First quarter 2024 earnings released: EPS: US$0.007 (vs US$0.047 in 1Q 2023)

TETRA Technologies, Inc. to Report Q1, 2024 Results on Apr 30, 2024

Tetra Technologies, Inc. Announces Board Changes

Full year 2023 earnings released: EPS: US$0.20 (vs US$0.06 in FY 2022)

TETRA Technologies, Inc., Annual General Meeting, May 21, 2024

TETRA Technologies, Inc. to Report Q4, 2023 Results on Feb 27, 2024

TETRA Technologies, Inc. Announces Completion of Technical Resources Study for the Arkansas Lithium and Brine Unit

Investor sentiment deteriorates as stock falls 19%

Third quarter 2023 earnings released: EPS: US$0.042 (vs US$0 in 3Q 2022)

TETRA Technologies, Inc. to Report Q3, 2023 Results on Oct 30, 2023

Investor sentiment improves as stock rises 17%

Second quarter 2023 earnings released: EPS: US$0.14 (vs US$0.014 in 2Q 2022)

TETRA Technologies, Inc. to Report Q2, 2023 Results on Jul 31, 2023

Now 20% undervalued

Investor sentiment improves as stock rises 25%

TETRA Technologies, Inc. Announces Board Changes

First quarter 2023 earnings released: EPS: US$0.047 (vs US$0.061 in 1Q 2022)

Investor sentiment deteriorates as stock falls 17%

Senior VP & CFO recently bought €98k worth of stock

Full year 2022 earnings released: EPS: US$0.06 (vs US$0.14 loss in FY 2021)

TETRA Technologies, Inc. to Report Q4, 2022 Results on Feb 27, 2023

Now 28% undervalued

Third quarter 2022 earnings released: EPS: US$0 (vs US$0.02 in 3Q 2021)

TETRA Technologies, Inc. to Report Q3, 2022 Results on Oct 31, 2022

Investor sentiment deteriorated over the past week

Tetra Technologies, Inc. Announces the Completion of Its Maiden Inferred Bromine and Lithium Brine Resource Estimation Report for Its Brine Minerals Leased Acreage in the Smackover Formation in Southwest Arkansas

Tetra Technologies, Inc. Announces Executive Changes

Second quarter 2022 earnings released: EPS: US$0.014 (vs US$0.052 loss in 2Q 2021)

TETRA Technologies, Inc. to Report Q2, 2022 Results on Aug 01, 2022

TETRA Technologies, Inc.(NYSE:TTI) dropped from Russell 2000 Value Index

TETRA Technologies, Inc. Announces Board Changes

First quarter 2022 earnings released: EPS: US$0.061 (vs US$0.097 loss in 1Q 2021)

TETRA Technologies, Inc. to Report Q1, 2022 Results on May 02, 2022

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

TETRA Technologies, Inc., Annual General Meeting, May 24, 2022

TETRA Technologies, Inc. Appoints Sharon Booth Mcgee as Member of the Board of Directors

Insufficient new directors

Insider recently sold €83k worth of stock

Third quarter 2021 earnings released: EPS US$0.02 (vs US$0.10 loss in 3Q 2020)

Tetra Technologies, Inc. Announces Preliminary Exploration Lithium and Bromine Targets from Tetra's Arkansas Smackover Formation Leases

Second quarter 2021 earnings released: US$0.052 loss per share (vs US$0.17 loss in 2Q 2020)

Independent Director Paul Coombs has left the company

Independent Director Joseph Winkler has left the company

Independent Director recently bought €41k worth of stock

First quarter 2021 earnings released: US$0.10 loss per share (vs US$0.011 loss in 1Q 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

New 90-day high: €2.24

Full year 2020 earnings released: US$0.21 loss per share (vs US$1.09 loss in FY 2019)

Revenue misses expectations

TETRA Technologies, Inc., Annual General Meeting, May 26, 2021

TETRA Technologies Regains Compliance with NYSE Minimum Average Closing Price Requirements

Spartan Energy Partners, LP agreed to acquire controlling interests in CSI Compressco LP (NasdaqGS:CCLP) from TETRA Technologies, Inc. (NYSE:TTI) for $17.1 million.

New 90-day high: €1.25

TETRA Technologies, Inc.(NYSE:TTI) dropped from Russell 2000 Dynamic Index

TETRA Technologies, Inc. Assigns Tim Moeller, Senior Vice-President Chemicals and Supply Chain to Lead the Company's Initiatives Involving Its Industrial Products and Key Mineral Resources

New 90-day high: €0.92

TETRA Technologies, Inc. Announces Planned Retirement of Paul D. Coombs from Its Board of Directors