Riverstone Holdings Management

Management criteria checks 3/4

Riverstone Holdings' CEO is Teek Son Wong, appointed in Aug 2005, has a tenure of 18.75 years. total yearly compensation is MYR2.69M, comprised of 16.7% salary and 83.3% bonuses, including company stock and options. directly owns 51.34% of the company’s shares, worth SGD597.39M. The average tenure of the management team and the board of directors is 7.5 years and 3.1 years respectively.

Key information

Teek Son Wong

Chief executive officer

RM2.7m

Total compensation

CEO salary percentage	16.7%
CEO tenure	18.8yrs
CEO ownership	51.3%
Management average tenure	7.5yrs
Board average tenure	3.1yrs

Recent management updates

Recent updates

Investors Appear Satisfied With Riverstone Holdings Limited's (SGX:AP4) Prospects As Shares Rocket 26%

Mar 31

Are Investors Undervaluing Riverstone Holdings Limited (SGX:AP4) By 23%?

Mar 01

Riverstone Holdings (SGX:AP4) Is Reinvesting To Multiply In Value

Jan 27

An Intrinsic Calculation For Riverstone Holdings Limited (SGX:AP4) Suggests It's 38% Undervalued

Oct 26

Riverstone Holdings Limited (SGX:AP4) Shares Could Be 20% Below Their Intrinsic Value Estimate

Jan 19

If You Like EPS Growth Then Check Out Riverstone Holdings (SGX:AP4) Before It's Too Late

Nov 19

This Just In: Analysts Are Boosting Their Riverstone Holdings Limited (SGX:AP4) Outlook for This Year

May 13

I Ran A Stock Scan For Earnings Growth And Riverstone Holdings (SGX:AP4) Passed With Ease

Apr 15

Is Riverstone Holdings Limited (SGX:AP4) A Smart Choice For Dividend Investors?

Mar 28

Is Riverstone Holdings (SGX:AP4) Using Too Much Debt?

Mar 13

Time To Worry? Analysts Just Downgraded Their Riverstone Holdings Limited (SGX:AP4) Outlook

Feb 26

Riverstone Holdings (SGX:AP4) Has Gifted Shareholders With A Fantastic 222% Total Return On Their Investment

Feb 15

Riverstone Holdings Limited's (SGX:AP4) Stock's On An Uptrend: Are Strong Financials Guiding The Market?

Jan 28

How Much Of Riverstone Holdings Limited (SGX:AP4) Do Insiders Own?

Jan 10

Here's Why I Think Riverstone Holdings (SGX:AP4) Might Deserve Your Attention Today

Dec 23

Are Investors Undervaluing Riverstone Holdings Limited (SGX:AP4) By 50%?

Dec 08

CEO Compensation Analysis

How has Teek Son Wong's remuneration changed compared to Riverstone Holdings's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	RM220m
Sep 30 2023	n/a	n/a	RM195m
Jun 30 2023	n/a	n/a	RM199m
Mar 31 2023	n/a	n/a	RM252m
Dec 31 2022	RM3m	RM449k	RM314m

Compensation vs Market: Teek Son's total compensation ($USD563.79K) is below average for companies of similar size in the SG market ($USD875.52K).

Compensation vs Earnings: Insufficient data to compare Teek Son's compensation with company performance.

CEO

Teek Son Wong (61 yo)

18.8yrs

Tenure

RM2,689,409

Compensation

Mr. Teek Son Wong is a Co-Founder of Riverstone Holdings Limited and has been its Chief Executive Officer since August 3, 2005. Mr. Wong has been Executive Chairman of Riverstone Holdings Limited since Aug...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Wai Keong Lee	Co-Founder	less than a year	RM1.98m	8.82% MYR 102.7m
Teek Son Wong	Co-Founder	18.8yrs	RM2.69m	51.34% MYR 597.4m
Wang Thing Tan	Chief Financial Officer	7.8yrs	no data	no data
Keat Leong Lee	Co-Chief Operating Officer	less than a year	no data	0.014% MYR 157.2k
Francisco Salas	Managing Director	1.3yrs	no data	no data
Lai Yin Chan	Company Secretary	no data	no data	no data
Sing Poew Lim	General Manager	7.3yrs	no data	no data
Teck Choon Wong	Group Business Development Manager	no data	no data	2.89% MYR 33.6m
Dumrongsak Aroonprasertkul	General Manager of Operations - Thailand	23.3yrs	no data	0% MYR 0
Khor Kuan Ching	General Manager of Eco Medi Glove Sdn Bhd	16.3yrs	no data	no data
Kelly Ge	Acting General Manager of China Operations	8.2yrs	no data	no data
Mohamed Anuar Bin Idris	General Manager of Riverstone Resources Sdn Bhd	3.1yrs	no data	no data

7.5yrs

Average Tenure

53.5yo

Average Age

Experienced Management: AP4's management team is seasoned and experienced (7.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Wai Keong Lee	Co-Founder	18.8yrs	RM1.98m	8.82% MYR 102.7m
Teek Son Wong	Co-Founder	18.8yrs	RM2.69m	51.34% MYR 597.4m
Chye Soon Fam	Independent Non-Executive Director	3.9yrs	RM239.96k	no data
Kah Yin Yoong	Independent Non-Executive Director	3.1yrs	RM226.25k	no data
Jun Xiong Lim	Lead Independent Non-Executive Director	3.1yrs	RM288.64k	no data
Chu Mee Chong	Alternate Director	less than a year	no data	0.018% MYR 204.1k
Binti Salleh Sabariah	Alternate Director	less than a year	RM399.66k	no data

3.1yrs

Average Tenure

61yo

Average Age

Experienced Board: AP4's board of directors are considered experienced (3.1 years average tenure).

Riverstone Holdings Management

Management criteria checks 3/4

Key information

Recent management updates

Riverstone Holdings Limited, Annual General Meeting, Apr 22, 2024

High number of new and inexperienced directors

Riverstone Holdings Limited Appoints Ms. Chong Chu Mee as Alternate Director

Riverstone Holdings Appoints Francisco Salas as Managing Director

Riverstone Holdings Limited, Annual General Meeting, Apr 25, 2022

Co-Founder recently bought S$199k worth of stock

Recent updates

Upcoming dividend of RM0.075 per share

Dividend of RM0.075 announced

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Riverstone Holdings Limited, Annual General Meeting, Apr 22, 2024

Investors Appear Satisfied With Riverstone Holdings Limited's (SGX:AP4) Prospects As Shares Rocket 26%

Price target increased by 7.0% to S$0.83

Fourth quarter dividend of RM0.13 announced

Full year 2023 earnings: EPS in line with expectations, revenues disappoint

Are Investors Undervaluing Riverstone Holdings Limited (SGX:AP4) By 23%?

Now 23% undervalued

Price target increased by 21% to S$0.75

Riverstone Holdings Limited Proposes Interim Tax-Exempt (One-Tier) Dividend for the Financial Year Ending 31 December 2023, Payable on December 8, 2023

Third quarter 2023 earnings released: EPS: RM0.04 (vs RM0.043 in 3Q 2022)

Riverstone Holdings Limited Declares One-Tier Tax Exempt Interim Dividend for Nine Months Period Ended 30 September 2023

Upcoming dividend of RM0.05 per share at 16% yield

Consensus EPS estimates increase by 16%

Second quarter 2023 earnings released: EPS: RM0.032 (vs RM0.068 in 2Q 2022)

New major risk - Revenue and earnings growth

High number of new and inexperienced directors

Riverstone Holdings Limited Appoints Ms. Chong Chu Mee as Alternate Director

First quarter 2023 earnings released: EPS: RM0.032 (vs RM0.073 in 1Q 2022)

Upcoming dividend of RM0.10 per share at 17% yield

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Full year 2022 earnings released: EPS: RM0.21 (vs RM0.96 in FY 2021)

Riverstone Holdings Appoints Francisco Salas as Managing Director

Riverstone Holdings (SGX:AP4) Is Reinvesting To Multiply In Value

Consensus EPS estimates fall by 15%

Now 22% undervalued after recent price drop

Riverstone Holdings Limited Proposes Second Interim Tax Exempt (One-Tier) Dividend for Financial Year Ending 31 December 2022, Payable on 2 December 2022

Now 21% undervalued after recent price drop

Price target decreased to S$0.69

Riverstone Holdings Limited Proposes Second Interim Tax-Exempt (One-Tier) Dividend for the Financial Year Ending 31 December 2022

Price target decreased to S$0.69

Third quarter 2022 earnings released: EPS: RM0.043 (vs RM0.18 in 3Q 2021)

Riverstone Holdings Limited to Report Q3, 2022 Results on Nov 14, 2022

An Intrinsic Calculation For Riverstone Holdings Limited (SGX:AP4) Suggests It's 38% Undervalued

Upcoming dividend of RM0.10 per share

Riverstone Holdings Limited (SGX:AP4) agreed to acquire Endurance at Lloyd’s run-off business from Sompo International Holdings Ltd.

Some Analysts Just Cut Their Riverstone Holdings Limited (SGX:AP4) Estimates

Consensus revenue estimates fall by 11%

We Like Riverstone Holdings' (SGX:AP4) Returns And Here's How They're Trending

Now 24% undervalued after recent price drop

Price target decreased to S$0.78

Riverstone Holdings Limited Recommends an Interim Dividend for the Year 2022

Second quarter 2022 earnings released

Now 23% undervalued after recent price drop

Now 21% undervalued

A Look At The Intrinsic Value Of Riverstone Holdings Limited (SGX:AP4)

Upcoming dividend of RM0.28 per share

Riverstone Holdings Limited Approves Payment of Proposed Final Tax Exempt (One-Tier) Dividend for the Financial Year Ended 31 December 2021

Full year 2021 earnings: EPS and revenues miss analyst expectations

Riverstone Holdings Limited Proposes Final Tax Exempt (One-Tier) Dividend for the Financial Year Ended 31 December 2021, Payable on 19 May 2022

Riverstone Holdings Limited, Annual General Meeting, Apr 25, 2022

Investor sentiment improved over the past week

Upcoming dividend of RM0.10 per share

Now 21% undervalued

Consensus revenue estimates fall by 16%

Riverstone Holdings Limited Announces Declaration of Special Dividend for the Financial Year Ended 31 December 2021, Payable on 6 April 2022

Full year 2021 earnings: EPS and revenues miss analyst expectations

Here's Why I Think Riverstone Holdings (SGX:AP4) Is An Interesting Stock

Riverstone Holdings Limited (SGX:AP4) Shares Could Be 20% Below Their Intrinsic Value Estimate

Now 20% undervalued after recent price drop

Co-Founder recently bought S$199k worth of stock

If You Like EPS Growth Then Check Out Riverstone Holdings (SGX:AP4) Before It's Too Late

Third quarter 2021 earnings released: EPS RM0.18

Price target decreased to S$1.27

Upcoming dividend of RM0.10 per share

Price target decreased to S$1.43

This Just In: Analysts Are Boosting Their Riverstone Holdings Limited (SGX:AP4) Outlook for This Year