Gulf Keystone Petroleum Management

Management criteria checks 3/4

Gulf Keystone Petroleum's CEO is Jon Harris, appointed in Jan 2021, has a tenure of 3.83 years. total yearly compensation is $730.47K, comprised of 82% salary and 18% bonuses, including company stock and options. directly owns 0.014% of the company’s shares, worth £40.33K. The average tenure of the management team and the board of directors is 3.3 years and 1.3 years respectively.

Key information

Jon Harris

Chief executive officer

US$730.5k

Total compensation

CEO salary percentage	82.0%
CEO tenure	3.8yrs
CEO ownership	0.01%
Management average tenure	3.3yrs
Board average tenure	1.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jon Harris's remuneration changed compared to Gulf Keystone Petroleum's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	-US$8m
Mar 31 2024	n/a	n/a	-US$10m
Dec 31 2023	US$730k	US$599k	-US$11m
Sep 30 2023	n/a	n/a	US$44m
Jun 30 2023	n/a	n/a	US$100m
Mar 31 2023	n/a	n/a	US$183m
Dec 31 2022	US$1m	US$532k	US$266m
Sep 30 2022	n/a	n/a	US$264m
Jun 30 2022	n/a	n/a	US$263m
Mar 31 2022	n/a	n/a	US$214m
Dec 31 2021	US$1m	US$542k	US$165m

Compensation vs Market: Jon's total compensation ($USD730.47K) is below average for companies of similar size in the UK market ($USD1.06M).

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

CEO

Jon Harris (58 yo)

3.8yrs

Tenure

US$730,467

Compensation

Mr. Jon R. Harris, MEng (Fuels and Energy Engineering), has been Chief Executive Officer and Director of Gulf Keystone Petroleum Limited since January 18, 2021. He is an Independent Director at PetroTal Co...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jon Harris	CEO & Director	3.8yrs	US$730.47k	0.014% £ 40.3k
Gabriel Papineau-Legris	CFO & Executive Director	less than a year	no data	0.20% £ 593.6k
John Hulme	Chief Operating Officer	2.6yrs	no data	no data
Aaron Clark	Head of Investor Relations & Corporate Communications	2.1yrs	no data	no data
Alasdair Robinson	Chief Legal Officer & Company Secretary	7.4yrs	no data	0.075% £ 219.3k
Clare Kinahan	Chief Human Resource Officer	3.3yrs	no data	0.015% £ 43.9k
Patrick Bersebach	Head of HSE & Sustainability	3.8yrs	no data	no data

3.3yrs

Average Tenure

Experienced Management: GKPL's management team is considered experienced (3.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jon Harris	CEO & Director	3.8yrs	US$730.47k	0.014% £ 40.3k
Gabriel Papineau-Legris	CFO & Executive Director	less than a year	no data	0.20% £ 593.6k
David Thomas	Independent Chairman of the Board	8.1yrs	US$107.08k	no data
Julien Olivier Balkany	Non-Independent Non-Executive Director	1.3yrs	US$40.79k	0.023% £ 67.2k
Catherine Krajicek	Independent Non-Executive Director	less than a year	no data	no data
Marianne Daryabegui	Independent Non-Executive Director	less than a year	no data	no data
Wanda Mwaura	Independent Non-Executive Director	2.3yrs	US$83.00k	no data

1.3yrs

Average Tenure

59yo

Average Age

Experienced Board: GKPL's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.

Gulf Keystone Petroleum Management

Management criteria checks 3/4

Key information

Recent management updates

Gulf Keystone Petroleum Limited Announces Board and Committee Changes

Gulf Keystone Petroleum Limited Announces Directorate Appointments, Effective 1 October 2024

Gulf Keystone Petroleum Limited Appoints David Thomas as Interim Chair

Gulf Keystone Petroleum Limited Announces Sudden Passing Martin Angle, Chair

Gulf Keystone Petroleum Limited, Annual General Meeting, Jun 21, 2024

Gulf Keystone Petroleum Limited Announces Chief Financial Officer Changes

Recent updates

Gulf Keystone Petroleum Limited to Report First Half, 2025 Results on Aug 28, 2025

Gulf Keystone Petroleum Limited Announces Board and Committee Changes

Gulf Keystone Petroleum Limited Announces Directorate Appointments, Effective 1 October 2024

Gulf Keystone Petroleum Limited Appoints David Thomas as Interim Chair

Gulf Keystone Petroleum Limited Announces Sudden Passing Martin Angle, Chair

Gulf Keystone Petroleum Limited (LSE:GKP) commences an Equity Buyback Plan for 22,244,365 shares, representing 10% of its issued share capital, under the authorization approved on June 16, 2023.

Gulf Keystone Petroleum Limited (LSE:GKP) commences an Equity Buyback Plan for 22,244,365 shares, representing 10% of its issued share capital, under the authorization approved on June 16, 2023.

Gulf Keystone Petroleum Limited, Annual General Meeting, Jun 21, 2024

Full year 2023 earnings released: US$0.053 loss per share (vs US$1.24 profit in FY 2022)

New minor risk - Share price stability

New minor risk - Shareholder dilution

Full year 2023 earnings released

Gulf Keystone Petroleum Limited Announces Chief Financial Officer Changes

Gulf Keystone Petroleum Limited to Report Fiscal Year 2023 Results on Mar 21, 2024

Investor sentiment improves as stock rises 21%

Now 23% undervalued

Investor sentiment improves as stock rises 18%

Investor sentiment improves as stock rises 15%

New major risk - Share price stability

Investor sentiment improves as stock rises 20%

First half 2023 earnings released: US$0.013 loss per share (vs US$0.76 profit in 1H 2022)

Gulf Keystone Petroleum Limited Announces Appointment of Julien Balkany as Non-Independent Non-Executive Director

Gulf Keystone Petroleum Limited, Annual General Meeting, Jun 16, 2023

Gulf Keystone Petroleum Limited Announces Update on Shaikan Field Exports

Upcoming dividend of US$0.12 per share at 22% yield

Gulf Keystone Petroleum Limited to Report Fiscal Year 2022 Results on Mar 23, 2023

Investor sentiment improved over the past week

Upcoming dividend of US$0.12 per share

Gulf Keystone Petroleum Limited Announces the Declaration of Million Interim Dividend, Payable 7 October 2022

First half 2022 earnings released: EPS: US$0 (vs US$0.30 in 1H 2021)

Gulf Keystone Petroleum Limited Reiterates Production Guidance for 2022

Gulf Keystone Petroleum Limited to Report First Half, 2022 Results on Sep 01, 2022

Now 20% undervalued after recent price drop

Investor sentiment deteriorated over the past week

Upcoming dividend of US$0.23 per share

Gulf Keystone Petroleum Limited Announces Appointment of Wanda Mwaura as an Independent Non-Executive Director, Effective from July 1, 2022

Gulf Keystone Petroleum Limited Approves Special Dividend, Payable on 29 July 2022

Gulf Keystone Petroleum Limited Provides Production Guidance for the Year 2022

Gulf Keystone Petroleum Limited Proposes Special Dividend, Payable on 29 July 2022

Gulf Keystone Petroleum Limited Proposes Special Dividend, Payable on 29 July 2022

Now 20% undervalued

Gulf Keystone Petroleum Limited Declares Interim Dividend for the Full Year 2021, Payable on 13 May 2022

Now 21% undervalued

Full year 2021 earnings released: EPS: US$0.77 (vs US$0.22 loss in FY 2020)

Gulf Keystone Petroleum Limited, Annual General Meeting, Jun 24, 2022

Gulf Keystone Petroleum Limited Proposes Interim Dividend, Payable on 13 May 2022

Investor sentiment improved over the past week

Now 20% undervalued

Gulf Keystone Petroleum Limited to Report Fiscal Year 2021 Results on Mar 30, 2022

Upcoming dividend of US$0.23 per share

Now 21% undervalued

Gulf Keystone Petroleum Limited Provides Production Guidance for the Full Year 2022

Gulf Keystone Petroleum Limited Provides Production Guidance for the Year 2021

First half 2021 earnings released: EPS US$0.30 (vs US$0.16 loss in 1H 2020)

Gulf Keystone Petroleum Limited Provides Earnings Guidance for the Year 2021

Upcoming dividend of US$0.12 per share

Inaugural dividend of US$0.12 per share

Gulf Keystone Proposes Special Dividend

Full year 2020 earnings released: US$0.22 loss per share (vs US$0.19 profit in FY 2019)

Gulf Keystone Petroleum Limited Proposes Special Cash Dividend Payable on 6 August 2021

Gulf Keystone Petroleum Limited Announces Special Dividend Payable on 2 July 2021

CEO & Director recently bought UK£51k worth of stock

Full year 2020 earnings released

Gulf Keystone Petroleum Limited Provides Production Guidance for First Quarter of 2022

Gulf Keystone Petroleum Limited Provides Production Guidance for the Year 2021

New 90-day high: UK£1.77

New 90-day high: UK£1.55

Gulf Keystone Petroleum Limited Announces Shaikan Payment Update

New 90-day high: UK£1.51