Midwest Energy Emissions Management
Management criteria checks 3/4
Midwest Energy Emissions' CEO is Rick MacPherson, appointed in Mar 2015, has a tenure of 9.17 years. total yearly compensation is $1.09M, comprised of 45.5% salary and 54.5% bonuses, including company stock and options. directly owns 12.52% of the company’s shares, worth $9.81M. The average tenure of the management team and the board of directors is 9.3 years and 7.9 years respectively.
Key information
Rick MacPherson
Chief executive officer
US$1.1m
Total compensation
| CEO salary percentage | 45.5% |
| CEO tenure | 9.2yrs |
| CEO ownership | 12.5% |
| Management average tenure | 9.3yrs |
| Board average tenure | 7.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$5m |
| Dec 31 2023 | US$1m | US$495k | US$6m |
| Sep 30 2023 | n/a | n/a | -US$4m |
| Jun 30 2023 | n/a | n/a | -US$2m |
| Mar 31 2023 | n/a | n/a | -US$2m |
| Dec 31 2022 | US$522k | US$412k | -US$2m |
| Sep 30 2022 | n/a | n/a | -US$2m |
| Jun 30 2022 | n/a | n/a | -US$3m |
| Mar 31 2022 | n/a | n/a | -US$4m |
| Dec 31 2021 | US$751k | US$395k | -US$4m |
| Sep 30 2021 | n/a | n/a | -US$4m |
| Jun 30 2021 | n/a | n/a | -US$5m |
| Mar 31 2021 | n/a | n/a | -US$4m |
| Dec 31 2020 | US$756k | US$395k | -US$6m |
| Sep 30 2020 | n/a | n/a | -US$5m |
| Jun 30 2020 | n/a | n/a | -US$5m |
| Mar 31 2020 | n/a | n/a | -US$7m |
| Dec 31 2019 | US$705k | US$395k | -US$6m |
| Sep 30 2019 | n/a | n/a | -US$5m |
| Jun 30 2019 | n/a | n/a | -US$5m |
| Mar 31 2019 | n/a | n/a | -US$4m |
| Dec 31 2018 | US$602k | US$395k | -US$5m |
| Sep 30 2018 | n/a | n/a | -US$6m |
| Jun 30 2018 | n/a | n/a | -US$5m |
| Mar 31 2018 | n/a | n/a | -US$3m |
| Dec 31 2017 | US$648k | US$545k | -US$3m |
Compensation vs Market: Rick's total compensation ($USD1.09M) is above average for companies of similar size in the US market ($USD661.15K).
Compensation vs Earnings: Rick's compensation has been consistent with company performance over the past year.
CEO
Rick MacPherson (68 yo)
9.2yrs
Tenure
US$1,086,981
Compensation
Mr. Richard A. MacPherson, also known as Rick, serves as the President of MES Inc. Mr. MacPherson is the Founder of Midwest Energy Emissions Corporation and has been its Chief Executive Officer and Preside...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President | 9.2yrs | US$1.09m | 12.52% $ 9.8m | |
| Vice President of Operations | 10.3yrs | US$421.53k | 0.36% $ 279.6k | |
| Senior VP & CTO | 9.5yrs | US$453.26k | 1.16% $ 910.6k | |
| Chief Financial Officer | less than a year | no data | no data | |
| Executive of Corporate Communications | no data | no data | no data |
9.3yrs
Average Tenure
60yo
Average Age
Experienced Management: MEEC's management team is seasoned and experienced (9.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President | 12.9yrs | US$1.09m | 12.52% $ 9.8m | |
| Independent Director | 4.9yrs | US$22.00k | 0.29% $ 228.5k | |
| Independent Director | less than a year | US$68.03k | 0.16% $ 124.5k | |
| Independent Chairman of the Board | 10.9yrs | US$100.00k | 5.75% $ 4.5m |
7.9yrs
Average Tenure
62.5yo
Average Age
Experienced Board: MEEC's board of directors are considered experienced (7.9 years average tenure).