Prospex Energy Management
Management criteria checks 2/4
Prospex Energy's CEO is Mark Routh, appointed in Jul 2021, has a tenure of 2.75 years. total yearly compensation is £252.93K, comprised of 79.4% salary and 20.6% bonuses, including company stock and options. directly owns 0.43% of the company’s shares, worth £72.14K. The average tenure of the management team and the board of directors is 2.4 years and 2.6 years respectively.
Key information
Mark Routh
Chief executive officer
UK£252.9k
Total compensation
| CEO salary percentage | 79.4% |
| CEO tenure | 2.8yrs |
| CEO ownership | 0.4% |
| Management average tenure | 2.4yrs |
| Board average tenure | 2.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2023 | n/a | n/a | UK£1m |
| Mar 31 2023 | n/a | n/a | UK£4m |
| Dec 31 2022 | UK£253k | UK£201k | UK£7m |
| Sep 30 2022 | n/a | n/a | UK£7m |
| Jun 30 2022 | n/a | n/a | UK£7m |
| Mar 31 2022 | n/a | n/a | UK£5m |
| Dec 31 2021 | UK£167k | UK£72k | UK£2m |
Compensation vs Market: Mark's total compensation ($USD312.39K) is about average for companies of similar size in the UK market ($USD345.35K).
Compensation vs Earnings: Mark's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Mark Routh (65 yo)
2.8yrs
Tenure
UK£252,927
Compensation
Mr. Mark C. Routh MSc., serves as Chief Executive Officer of Prospex Energy PLC since July 2021 and serves as its Director since October 2021. He served as Non-Executive Director at Petrel Energy Limited s...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.8yrs | UK£252.93k | 0.43% £ 72.1k | |
| Group Head of Finance | no data | no data | 2.66% £ 446.8k | |
| Exploration Manager | no data | no data | no data | |
| Senior Geologist | 1.3yrs | no data | no data | |
| Company Secretary | 2.4yrs | no data | no data |
2.4yrs
Average Tenure
Experienced Management: PXEN's management team is considered experienced (2.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.5yrs | UK£252.93k | 0.43% £ 72.1k | |
| Non-Executive Chairman | 9yrs | UK£61.30k | 1.94% £ 325.6k | |
| Independent Non-Executive Director | 2.7yrs | UK£52.30k | 1.03% £ 173.1k | |
| Independent Non-Executive Director | less than a year | no data | no data |
2.6yrs
Average Tenure
68yo
Average Age
Experienced Board: PXEN's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.