i3 Energy Management
Management criteria checks 2/4
i3 Energy's CEO is Majid Shafiq, appointed in Oct 2018, has a tenure of 5.58 years. total yearly compensation is £4.83M, comprised of 10.1% salary and 89.9% bonuses, including company stock and options. directly owns 0.84% of the company’s shares, worth £1.08M. The average tenure of the management team and the board of directors is 2.3 years and 5.8 years respectively.
Key information
Majid Shafiq
Chief executive officer
UK£4.8m
Total compensation
CEO salary percentage | 10.1% |
CEO tenure | 5.6yrs |
CEO ownership | 0.8% |
Management average tenure | 2.3yrs |
Board average tenure | 5.8yrs |
Recent management updates
Recent updates
i3 Energy (LON:I3E) Is Experiencing Growth In Returns On Capital
Apr 27Investors Will Want i3 Energy's (LON:I3E) Growth In ROCE To Persist
Nov 11We Think i3 Energy (LON:I3E) Is Taking Some Risk With Its Debt
Sep 29If EPS Growth Is Important To You, i3 Energy (LON:I3E) Presents An Opportunity
Aug 19Does i3 Energy (LON:I3E) Have A Healthy Balance Sheet?
Jun 30Is Now The Time To Put i3 Energy (LON:I3E) On Your Watchlist?
Apr 04If EPS Growth Is Important To You, i3 Energy (LON:I3E) Presents An Opportunity
Dec 23i3 Energy (LON:I3E) Is Due To Pay A Dividend Of £0.0014
Oct 09Is i3 Energy (LON:I3E) Using Too Much Debt?
Oct 02Does i3 Energy (LON:I3E) Have A Healthy Balance Sheet?
Jun 19Improved Earnings Required Before i3 Energy Plc (LON:I3E) Stock's 52% Jump Looks Justified
Apr 15Why i3 Energy's (LON:I3E) Healthy Earnings Aren’t As Good As They Seem
Jun 08What Kind Of Shareholders Hold The Majority In i3 Energy Plc's (LON:I3E) Shares?
Mar 17CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | n/a | n/a | UK£15m |
Sep 30 2023 | n/a | n/a | UK£27m |
Jun 30 2023 | n/a | n/a | UK£38m |
Mar 31 2023 | n/a | n/a | UK£40m |
Dec 31 2022 | UK£5m | UK£487k | UK£42m |
Sep 30 2022 | n/a | n/a | UK£44m |
Jun 30 2022 | n/a | n/a | UK£47m |
Mar 31 2022 | n/a | n/a | UK£36m |
Dec 31 2021 | UK£1m | UK£384k | UK£25m |
Sep 30 2021 | n/a | n/a | UK£18m |
Jun 30 2021 | n/a | n/a | UK£11m |
Mar 31 2021 | n/a | n/a | UK£12m |
Dec 31 2020 | UK£702k | UK£313k | UK£12m |
Sep 30 2020 | n/a | n/a | -UK£691k |
Jun 30 2020 | n/a | n/a | -UK£13m |
Mar 31 2020 | n/a | n/a | -UK£12m |
Dec 31 2019 | UK£590k | UK£271k | -UK£11m |
Sep 30 2019 | n/a | n/a | -UK£8m |
Jun 30 2019 | n/a | n/a | -UK£6m |
Mar 31 2019 | n/a | n/a | -UK£4m |
Dec 31 2018 | UK£278k | UK£58k | -UK£2m |
Sep 30 2018 | n/a | n/a | -UK£2m |
Jun 30 2018 | n/a | n/a | -UK£1m |
Mar 31 2018 | n/a | n/a | -UK£2m |
Dec 31 2017 | UK£62k | n/a | -UK£3m |
Compensation vs Market: Majid's total compensation ($USD6.03M) is above average for companies of similar size in the UK market ($USD775.47K).
Compensation vs Earnings: Majid's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Majid Shafiq (59 yo)
5.6yrs
Tenure
UK£4,827,000
Compensation
Mr. Majid Shafiq has been Chief Executive Officer at i3 Energy Plc since October 8, 2018. Mr. Majid Shafiq serves Chief Executive Officer of Àrgentil Capital Partners since 2015. Mr. Shafiq has significant...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO & Executive Director | 5.6yrs | UK£4.83m | 0.84% £ 1.1m | |
President of Canada & Executive Director | no data | UK£11.49m | 0.71% £ 909.5k | |
Chief Financial Officer | 1.1yrs | no data | 0.017% £ 21.4k | |
Vice President of Corporate Development | 2.3yrs | no data | no data | |
Vice President of Exploration | 2.3yrs | no data | no data | |
Chief Operating Officer of i3 Energy North Sea Limited | 5.6yrs | no data | no data | |
Chief Operating Officer of i3 Energy Canada Ltd | no data | no data | no data |
2.3yrs
Average Tenure
Experienced Management: I3E's management team is considered experienced (2.3 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO & Executive Director | 6.8yrs | UK£4.83m | 0.84% £ 1.1m | |
President of Canada & Executive Director | 1.4yrs | UK£11.49m | 0.71% £ 909.5k | |
Independent Non-Executive Chairman | 3.4yrs | UK£304.00k | 0.26% £ 329.4k | |
Independent Non-Executive Director | 7.2yrs | UK£295.00k | 0.64% £ 821.8k | |
Independent Non-Executive Director | 6.8yrs | UK£295.00k | 0.13% £ 165.1k | |
Independent Non-Executive Director | 4.7yrs | UK£223.00k | 0.11% £ 139.9k |
5.8yrs
Average Tenure
62yo
Average Age
Experienced Board: I3E's board of directors are considered experienced (5.8 years average tenure).