Berry Management
Management criteria checks 1/4
Berry's CEO is Fernando Araujo, appointed in Jan 2023, has a tenure of 1.33 years. total yearly compensation is $3.39M, comprised of 15.5% salary and 84.5% bonuses, including company stock and options. directly owns 0.37% of the company’s shares, worth $2.44M. The average tenure of the management team and the board of directors is 1.3 years and 2.8 years respectively.
Key information
Fernando Araujo
Chief executive officer
US$3.4m
Total compensation
| CEO salary percentage | 15.5% |
| CEO tenure | 1.3yrs |
| CEO ownership | 0.4% |
| Management average tenure | 1.3yrs |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
News Flash: Analysts Just Made A Substantial Upgrade To Their Berry Corporation (NASDAQ:BRY) Forecasts
Apr 25
Berry's (NASDAQ:BRY) Conservative Accounting Might Explain Soft Earnings
Mar 18Berry Corporation: A Look At Valuations After A Solid End To 2023
Feb 27Here's Why Berry (NASDAQ:BRY) Can Manage Its Debt Responsibly
Oct 03Industry Analysts Just Made A Notable Upgrade To Their Berry Corporation (NASDAQ:BRY) Revenue Forecasts
May 10We Like These Underlying Return On Capital Trends At Berry (NASDAQ:BRY)
Apr 26Here's Why Berry (NASDAQ:BRY) Can Manage Its Debt Responsibly
Feb 21Berry (NASDAQ:BRY) Will Be Looking To Turn Around Its Returns
Oct 15Berry Corp. jumps 7.9% on report of exploring potential sale
Oct 06Is Berry (NASDAQ:BRY) A Risky Investment?
Sep 17Berry goes ex-dividend tomorrow
Aug 11Berry Corporation: Working Capital Changes To Have Less Impact On Q2 Dividends
Aug 03Berry (NASDAQ:BRY) Has Debt But No Earnings; Should You Worry?
Jun 14Berry Corporation: Benefiting From Strong Commodity Prices Despite Energy Operating Cost Pressure
May 25Berry Corp.: The Singularity Approaches
Mar 28CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$3m |
| Dec 31 2023 | US$3m | US$525k | US$37m |
| Sep 30 2023 | n/a | n/a | US$47m |
| Jun 30 2023 | n/a | n/a | US$284m |
| Mar 31 2023 | n/a | n/a | US$301m |
| Dec 31 2022 | US$3m | US$480k | US$250m |
| Sep 30 2022 | n/a | n/a | US$187m |
| Jun 30 2022 | n/a | n/a | US$5m |
| Mar 31 2022 | n/a | n/a | -US$51m |
| Dec 31 2021 | US$3m | US$480k | -US$16m |
Compensation vs Market: Fernando's total compensation ($USD3.39M) is about average for companies of similar size in the US market ($USD3.42M).
Compensation vs Earnings: Fernando's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Fernando Araujo (55 yo)
1.3yrs
Tenure
US$3,392,101
Compensation
Mr. Fernando Araujo has been Chief Executive Officer at Berry Corporation since January 2023. He is Director at Berry Corporation Since March 1, 2024. He served as Executive Vice President and Chief Operat...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.3yrs | US$3.39m | 0.37% $ 2.4m | |
| President | 1.3yrs | US$2.61m | 0.40% $ 2.6m | |
| VP, Chief Accounting Officer & CFO | 6.5yrs | US$1.25m | 0.16% $ 1.0m | |
| Manager of Investor Relations | no data | no data | no data | |
| VP, General Counsel & Corporate Secretary | no data | no data | no data |
1.3yrs
Average Tenure
55yo
Average Age
Experienced Management: BRY's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | less than a year | US$3.39m | 0.37% $ 2.4m | |
| Independent Director | 5.3yrs | US$245.00k | 0.12% $ 808.4k | |
| Independent Chairman of the Board | 3.3yrs | US$257.50k | 0.076% $ 493.8k | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 5.7yrs | US$275.00k | 0.15% $ 976.3k | |
| Independent Director | 2.2yrs | US$264.64k | 0.11% $ 710.4k |
2.8yrs
Average Tenure
68yo
Average Age
Experienced Board: BRY's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.