Harbour Energy Management

Management criteria checks 4/4

Harbour Energy's CEO is Linda Cook, appointed in Apr 2021, has a tenure of 7.25 years. total yearly compensation is $3.07M, comprised of 35.3% salary and 64.7% bonuses, including company stock and options. directly owns 1.12% of the company’s shares, worth £25.24M. The average tenure of the management team and the board of directors is 2.1 years and 3.1 years respectively.

Key information

Linda Cook

Chief executive officer

US$3.1m

Total compensation

CEO salary percentage	35.3%
CEO tenure	3yrs
CEO ownership	1.1%
Management average tenure	2.1yrs
Board average tenure	3.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Linda Cook's remuneration changed compared to Harbour Energy's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$3m	US$1m	US$32m
Sep 30 2023	n/a	n/a	-US$476m
Jun 30 2023	n/a	n/a	-US$984m
Mar 31 2023	n/a	n/a	-US$488m
Dec 31 2022	US$4m	US$1m	US$8m
Sep 30 2022	n/a	n/a	US$503m
Jun 30 2022	n/a	n/a	US$999m
Mar 31 2022	n/a	n/a	US$550m
Dec 31 2021	US$8m	US$862k	US$101m

Compensation vs Market: Linda's total compensation ($USD3.07M) is about average for companies of similar size in the UK market ($USD2.58M).

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

CEO

Linda Cook (65 yo)

3yrs

Tenure

US$3,068,470

Compensation

Ms. Linda Zarda Cook serves as the Chief Executive Officer at Harbour Energy plc (Chrysaor Holdings Ltd.) since April 1, 2021 and serves as its Director. She serves as Chief Executive Officer at Harbour En...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Linda Cook	CEO & Director	3yrs	US$3.07m	1.12% $ 25.2m
Alexander Krane	CFO & Director	no data	US$1.61m	no data
Elizabeth Brooks	Head of Investor Relations	no data	no data	no data
Howard Landes	General Counsel & Legal	7.3yrs	no data	no data
Gill Riggs	Chief Human Resources Officer	3.3yrs	no data	no data
Steve Cox	Executive Vice President of South East Asia	no data	no data	no data
Philip Whittaker	Executive Vice President of Global Services	1.3yrs	no data	no data
Gustavo Baquero	Executive Vice President of Strategy	1.3yrs	no data	no data
Scott Barr	Executive Vice President of North Sea	less than a year	no data	no data
Rachel Rickard	Company Secretary	no data	no data	no data

2.1yrs

Average Tenure

Experienced Management: HBRL's management team is considered experienced (2.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Linda Cook	CEO & Director	7.3yrs	US$3.07m	1.12% $ 25.2m
Alexander Krane	CFO & Director	3yrs	US$1.61m	no data
Anne Stevens	Independent Non-Executive Director	3.1yrs	US$194.28k	0.0039% $ 87.9k
Alan Ferguson	Independent Non-Executive Director	3.1yrs	US$153.87k	0.0031% $ 71.0k
Simon Peter Henry	Senior Independent Non-Executive Director	3.1yrs	US$182.30k	0.0026% $ 58.8k
Margareth Ovrum	Independent Non-Executive Director	3yrs	US$154.25k	0.0011% $ 24.9k
Andrew Hopwood	Independent Non-Executive Director	3.1yrs	US$144.44k	0.0013% $ 29.4k
Belgacem Chariag	Independent Non-Executive Director	less than a year	US$129.65k	no data
Elizabeth Hough	Independent Non-Executive Director	less than a year	US$97.91k	no data

3.1yrs

Average Tenure

65yo

Average Age

Experienced Board: HBRL's board of directors are considered experienced (3.1 years average tenure).

Harbour Energy Management

Management criteria checks 4/4

Key information

Recent management updates

CEO & Director recently bought UK£246k worth of stock

Harbour Energy plc Announces Termination of George Steven Farris' as A Director

Harbour Energy plc Appoints Elizabeth Louise Hough and Belgacem Chariag as Directors

High number of new and inexperienced directors

Harbour Energy plc Announces Stepping Down of Anne Marie as Non-Executive Director

Steve Farris Intends Not to Stand for Re-Election as Nominated Director of Harbour Energy plc

Recent updates

CEO & Director recently bought UK£246k worth of stock

Harbour Energy plc Proposes Final Dividend for the Full Year Ended 31 December 2023, Payable on 22 May 2024

Upcoming dividend of US$0.13 per share

Full year 2023 earnings released: EPS: US$0.04 (vs US$0.009 in FY 2022)

Harbour Energy plc Provides Production Guidance for the Full Year 2024 and 2025

Harbour Energy plc to Report First Half, 2024 Results on Aug 08, 2024

Harbour Energy plc Announces Significant Gas Discovery At Layaran-1, Indonesia

Now 20% undervalued after recent price drop

BASF Reportedly Aims to Sell Several Units Before Planned CEO Departure

Petrichor Partners LP completed the acquisition of remaining 56% stake in Egdon Resources plc (AIM:EDR ) from group of sellers and others.

Upcoming dividend of US$0.12 per share at 7.6% yield

First half 2023 earnings released: US$0.01 loss per share (vs US$1.06 profit in 1H 2022)

Harbour Energy plc Announces an Interim Dividend, Payable on 18 October 2023

Harbour Energy plc to Report First Half, 2023 Results on Aug 24, 2023

Harbour Reportedly in Merger Talks with Talos

Petrichor Partners LP agreed to acquire remaining 56% stake in Egdon Resources plc (AIM:EDR ) from group of sellers and others for £13.7 million.

Harbour Energy plc Announces Termination of George Steven Farris' as A Director

Harbour Energy plc Provides Production Guidance for the Year 2023

Harbour Energy plc Appoints Elizabeth Louise Hough and Belgacem Chariag as Directors

Upcoming dividend of US$0.12 per share at 6.7% yield

Full year 2022 earnings released: EPS: US$0.009 (vs US$0.12 in FY 2021)

Harbour Energy plc Provides Production Guidance for 2023

Harbour Energy plc(LSE:HBR) dropped from FTSE 100 Index

High number of new and inexperienced directors

Harbour Energy plc Revises Production Guidance for the Year 2022

Harbour Energy plc Announces Stepping Down of Anne Marie as Non-Executive Director

Harbour Energy plc(LSE:HBR) dropped from FTSE 250 Index

Harbour Energy plc Announces an Interim Dividend, Payable on 19 October 2022

Upcoming dividend of US$0.11 per share

First half 2022 earnings released: EPS: US$1.06 (vs US$0.11 in 1H 2021)

Harbour Energy plc Provides Production Guidance for the Full Year 2022

Harbour Energy plc(LSE:HBR) dropped from FTSE 100 Index

Now 22% undervalued after recent price drop

Harbour Energy Completes the Drilling of the Timpan-1 Exploration Well

Steve Farris Intends Not to Stand for Re-Election as Nominated Director of Harbour Energy plc

Investor sentiment deteriorated over the past week

Now 22% undervalued after recent price drop

Investor sentiment deteriorated over the past week

Harbour Energy plc(LSE:HBR) dropped from FTSE 250 (Ex Investment Companies) Index (GBP)

High number of new directors

High number of new directors

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Harbour Energy plc Announces Step Down of Phil Kirk as Executive Director, President Europe, Effective February 28, 2022

Harbour Energy plc Announces Board Change

Harbour Energy plc Announces Completion of Drilling of the Dunnottar Exploration Well

Independent Non-Executive Director recently bought UK£120k worth of stock

First half 2021 earnings released: EPS US$0.11 (vs US$0.22 loss in 1H 2020)

Harbour Energy plc Announces Production Guidance for the Year 2021

Neptune Reportedly Considers Harbour Merger

President & CEO of Europe and Director recently bought UK£328k worth of stock

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age