Navitas Petroleum Limited Partnership Management
Management criteria checks 2/4
Navitas Petroleum Limited Partnership's CEO is Amit Kornhauser, appointed in Jan 2022, has a tenure of 2.25 years. total yearly compensation is $1.33M, comprised of 32.2% salary and 67.8% bonuses, including company stock and options. directly owns 0.67% of the company’s shares, worth ₪27.41M. The average tenure of the management team and the board of directors is 1.9 years and 6.4 years respectively.
Key information
Amit Kornhauser
Chief executive officer
US$1.3m
Total compensation
| CEO salary percentage | 32.2% |
| CEO tenure | 2.3yrs |
| CEO ownership | 0.7% |
| Management average tenure | 1.9yrs |
| Board average tenure | 6.4yrs |
Recent management updates
Recent updates
Navitas Petroleum Limited Partnership's (TLV:NVPT) Weak Earnings May Only Reveal A Part Of The Whole Picture
Mar 14
Optimistic Investors Push Navitas Petroleum, Limited Partnership (TLV:NVPT) Shares Up 29% But Growth Is Lacking
Mar 05Is Navitas Petroleum Limited Partnership (TLV:NVPT) A Risky Investment?
Mar 01Some Confidence Is Lacking In Navitas Petroleum, Limited Partnership's (TLV:NVPT) P/E
Jan 17Is Navitas Petroleum Limited Partnership (TLV:NVPT) Using Too Much Debt?
Nov 27Navitas Petroleum, Limited Partnership's (TLV:NVPT) P/S Is On The Mark
Aug 02Does Navitas Petroleum Limited Partnership (TLV:NVPT) Have A Healthy Balance Sheet?
Apr 03We Think Shareholders Should Be Aware Of Some Factors Beyond Navitas Petroleum Limited Partnership's (TLV:NVPT.L) Profit
Dec 07Does Navitas Petroleum Limited Partnership (TLV:NVPT.L) Have A Healthy Balance Sheet?
Aug 08These 4 Measures Indicate That Navitas Petroleum Limited Partnership (TLV:NVPT.L) Is Using Debt Extensively
Mar 31Will the Promising Trends At Navitas Petroleum Limited Partnership (TLV:NVPT.L) Continue?
Feb 22Did You Miss Navitas Petroleum Limited Partnership's (TLV:NVPT.L) 58% Share Price Gain?
Jan 18
Could The Navitas Petroleum, Limited Partnership (TLV:NVPT.L) Ownership Structure Tell Us Something Useful?
Dec 22Navitas Petroleum Limited Partnership (TLV:NVPT.L) Has A Somewhat Strained Balance Sheet
Nov 26CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | US$15m |
| Sep 30 2023 | n/a | n/a | US$32m |
| Jun 30 2023 | n/a | n/a | US$21m |
| Mar 31 2023 | n/a | n/a | US$45m |
| Dec 31 2022 | US$1m | US$426k | US$49m |
| Sep 30 2022 | n/a | n/a | US$36m |
| Jun 30 2022 | n/a | n/a | US$35m |
| Mar 31 2022 | n/a | n/a | US$6m |
| Dec 31 2021 | US$1m | US$404k | US$4m |
| Sep 30 2021 | n/a | n/a | US$3m |
| Jun 30 2021 | n/a | n/a | -US$2m |
| Mar 31 2021 | n/a | n/a | -US$6m |
| Dec 31 2020 | US$441k | US$346k | -US$16m |
Compensation vs Market: Amit's total compensation ($USD1.33M) is about average for companies of similar size in the IL market ($USD1.10M).
Compensation vs Earnings: Amit's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Amit Kornhauser (47 yo)
2.3yrs
Tenure
US$1,325,000
Compensation
Mr. Amit Kornhauser, CPA, serves as Chief Executive Officer of Fleur Oil and Gas Management Ltd, General Partner of Navitas Petroleum, Limited Partnership since January 1, 2022 and was its Chief Financial...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director of Fleur Oil and Gas Management Ltd | 2.3yrs | US$1.33m | 0.67% $ 27.4m | |
| Chief Commercial and M&A Officer | 2.3yrs | US$757.00k | 0.065% $ 2.6m | |
| Chief Financial Officer | 2.2yrs | no data | 0.055% $ 2.2m | |
| Vice President Subsurface & Operations | less than a year | no data | no data | |
| Accounting Manager | less than a year | no data | no data | |
| Office Administrator & HR Manager | less than a year | no data | no data | |
| VP & General Counsel | 6.1yrs | no data | 0.090% $ 3.7m | |
| President of Offshore Projects | 2.8yrs | no data | no data | |
| Chief Operating Officer of Navitas Petroleum Development & Production Ltd | 1.2yrs | no data | no data | |
| Vice President of Exploration & Subsurface | less than a year | no data | no data | |
| Chief Executive Officer of Navits USA - Fleur Oil and Gas Management Ltd | 2.3yrs | no data | 0.20% $ 8.2m | |
| Accountant | 1.6yrs | no data | no data |
1.9yrs
Average Tenure
44yo
Average Age
Experienced Management: NVPT's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director of Fleur Oil and Gas Management Ltd | 2.3yrs | US$1.33m | 0.67% $ 27.4m | |
| Chairman of Fleur Oil and Gas Management Ltd | 11.2yrs | US$340.00k | 11.2% $ 455.7m | |
| Independent External Director of Fleur Oil and Gas Management Ltd | 6.2yrs | no data | no data | |
| Director of Fleur Oil and Gas Management Ltd | 6.8yrs | no data | no data | |
| Vice Chairman of Fleur Oil and Gas Management Ltd | 11.2yrs | US$182.00k | no data | |
| Independent Director of Fleur Oil and Gas Management Ltd | 6.4yrs | no data | no data | |
| Independent External Director of Fleur Oil and Gas Management Ltd | 6.2yrs | no data | no data |
6.4yrs
Average Tenure
60yo
Average Age
Experienced Board: NVPT's board of directors are considered experienced (6.4 years average tenure).