W&T Offshore Management
Management criteria checks 3/4
W&T Offshore's CEO is Tracy Krohn, appointed in Jan 1983, has a tenure of 41.83 years. total yearly compensation is $5.86M, comprised of 15.4% salary and 84.6% bonuses, including company stock and options. directly owns 32.8% of the company’s shares, worth €94.99M. The average tenure of the management team and the board of directors is 2.5 years and 9.5 years respectively.
Key information
Tracy Krohn
Chief executive officer
US$5.9m
Total compensation
| CEO salary percentage | 15.4% |
| CEO tenure | 41.8yrs |
| CEO ownership | 32.8% |
| Management average tenure | 2.5yrs |
| Board average tenure | 9.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -US$25m |
| Mar 31 2024 | n/a | n/a | -US$22m |
| Dec 31 2023 | US$6m | US$906k | US$16m |
| Sep 30 2023 | n/a | n/a | US$59m |
| Jun 30 2023 | n/a | n/a | US$124m |
| Mar 31 2023 | n/a | n/a | US$260m |
| Dec 31 2022 | US$12m | US$1m | US$231m |
| Sep 30 2022 | n/a | n/a | US$237m |
| Jun 30 2022 | n/a | n/a | US$132m |
| Mar 31 2022 | n/a | n/a | -US$43m |
| Dec 31 2021 | US$5m | US$1m | -US$41m |
| Sep 30 2021 | n/a | n/a | -US$99m |
| Jun 30 2021 | n/a | n/a | -US$74m |
| Mar 31 2021 | n/a | n/a | -US$29m |
| Dec 31 2020 | US$2m | US$1m | US$38m |
| Sep 30 2020 | n/a | n/a | US$56m |
| Jun 30 2020 | n/a | n/a | US$143m |
| Mar 31 2020 | n/a | n/a | US$186m |
| Dec 31 2019 | US$5m | US$1m | US$73m |
| Sep 30 2019 | n/a | n/a | US$197m |
| Jun 30 2019 | n/a | n/a | US$167m |
| Mar 31 2019 | n/a | n/a | US$165m |
| Dec 31 2018 | US$6m | US$1m | US$239m |
| Sep 30 2018 | n/a | n/a | US$128m |
| Jun 30 2018 | n/a | n/a | US$82m |
| Mar 31 2018 | n/a | n/a | US$80m |
| Dec 31 2017 | US$4m | US$1m | US$76m |
Compensation vs Market: Tracy's total compensation ($USD5.86M) is above average for companies of similar size in the German market ($USD1.18M).
Compensation vs Earnings: Tracy's compensation has been consistent with company performance over the past year.
CEO
Tracy Krohn (69 yo)
41.8yrs
Tenure
US$5,863,561
Compensation
Mr. Tracy W. Krohn is Founded W&T Offshore Inc., in 1983 and serves as its Chairman since 2004, Chief Executive Officer since 1983 & President since March 9, 2017. Mr. Krohn served as President and Treasur...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 41.8yrs | US$5.86m | 32.8% € 95.0m | |
| Executive VP & CFO | 1.3yrs | US$1.37m | 0.0093% € 27.1k | |
| ?Executive VP & COO | 2.7yrs | US$2.35m | 0.13% € 387.6k | |
| VP & Chief Accounting Officer | 2.5yrs | no data | 0.011% € 31.0k | |
| Vice President and Chief Information Officer | 2.3yrs | no data | no data | |
| Executive VP | less than a year | no data | 0.090% € 261.1k | |
| Senior Vice President of Marketing | 18.3yrs | no data | no data | |
| Vice President of Human Resources | 1.9yrs | no data | no data | |
| VP & Treasurer | 18.3yrs | no data | no data | |
| Investor Relations Coordinator | no data | no data | no data |
2.5yrs
Average Tenure
51yo
Average Age
Experienced Management: UWV's management team is considered experienced (2.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 20.8yrs | US$5.86m | 32.8% € 95.0m | |
| Independent Director | 1.5yrs | US$220.00k | 0.026% € 76.2k | |
| Independent Director | 19.7yrs | US$290.83k | 0.25% € 727.8k | |
| Independent Director | 3.5yrs | US$290.83k | 0.050% € 144.9k | |
| Independent Presiding Director | less than a year | no data | no data | |
| Independent Director | 15.5yrs | US$295.83k | 0.22% € 628.5k |
9.5yrs
Average Tenure
69yo
Average Age
Experienced Board: UWV's board of directors are considered experienced (9.5 years average tenure).