Prairie Operating Management

Management criteria checks 1/4

Prairie Operating's CEO is Eddie, Ed Kovalik, appointed in May 2023, has a tenure of 1.5 years. total yearly compensation is $625.99K, comprised of 58% salary and 42% bonuses, including company stock and options. directly owns 5.01% of the company’s shares, worth €9.50M. The average tenure of the management team and the board of directors is 1.5 years and 1.5 years respectively.

Key information

Eddie, Ed Kovalik

Chief executive officer

US$626.0k

Total compensation

CEO salary percentage58.0%
CEO tenure1.5yrs
CEO ownership5.0%
Management average tenure1.5yrs
Board average tenure1.5yrs

Recent management updates

No updates

Recent updates

No updates

CEO Compensation Analysis

How has Eddie, Ed Kovalik's remuneration changed compared to Prairie Operating's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$68m

Jun 30 2024n/an/a

-US$91m

Mar 31 2024n/an/a

-US$87m

Dec 31 2023US$626kUS$363k

-US$79m

Compensation vs Market: Eddie, Ed's total compensation ($USD625.99K) is about average for companies of similar size in the German market ($USD786.80K).

Compensation vs Earnings: Insufficient data to compare Eddie, Ed's compensation with company performance.


CEO

Eddie, Ed Kovalik (49 yo)

1.5yrs

Tenure

US$625,988

Compensation

Mr. Edward Kovalik, also known as Eddie, Ed, serves as Chief Executive Officer and Chairman at Prairie Operating Co. since May 03, 2023. He served as Chief Operating Officer of Crown Electrokinetics Corp....


Leadership Team

NamePositionTenureCompensationOwnership
Edward Kovalik
CEO & Chairman1.5yrsUS$625.99k5.01%
€ 9.5m
Gary Hanna
President & Director1.5yrsUS$625.99k5.01%
€ 9.5m
Craig Owen
Executive VP1.5yrsUS$3.15m0.87%
€ 1.7m
Bryan Freeman
Executive Vice President of Operations1.5yrsno data0.092%
€ 174.3k
Daniel Sweeney
Executive VP1.3yrsno datano data

1.5yrs

Average Tenure

53yo

Average Age

Experienced Management: 7C5's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Edward Kovalik
CEO & Chairman1.5yrsUS$625.99k5.01%
€ 9.5m
Gary Hanna
President & Director1.5yrsUS$625.99k5.01%
€ 9.5m
Mark Burnett
Member of Advisory Boardless than a yearno datano data
Scott Tinker
Member of Advisory Board1.1yrsno datano data
Gizman Abbas
Independent Director1.5yrsUS$166.21k0.019%
€ 35.4k
Stephen Lee
Independent Director1.5yrsUS$166.21k0.019%
€ 35.4k
Richard Frommer
Independent Directorno datano datano data
Erik Thoresen
Independent Director1.5yrsUS$165.11k0.019%
€ 35.4k
Jonathan Gray
Independent Director1.5yrsUS$165.11k0.030%
€ 56.7k

1.5yrs

Average Tenure

51yo

Average Age

Experienced Board: 7C5's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.