ChampionX Management
Management criteria checks 4/4
ChampionX's CEO is Soma Somasundaram, appointed in May 2018, has a tenure of 6.5 years. total yearly compensation is $7.62M, comprised of 12% salary and 88% bonuses, including company stock and options. directly owns 0.27% of the company’s shares, worth $14.27M. The average tenure of the management team and the board of directors is 4.8 years and 5.5 years respectively.
Key information
Soma Somasundaram
Chief executive officer
US$7.6m
Total compensation
| CEO salary percentage | 12.0% |
| CEO tenure | 6.5yrs |
| CEO ownership | 0.3% |
| Management average tenure | 4.8yrs |
| Board average tenure | 5.5yrs |
Recent management updates
Recent updates
ChampionX's (NASDAQ:CHX) Dividend Will Be Increased To $0.095
Apr 03
An Intrinsic Calculation For ChampionX Corporation (NASDAQ:CHX) Suggests It's 28% Undervalued
Mar 30Is ChampionX (NASDAQ:CHX) Using Too Much Debt?
Mar 15ChampionX Corporation: A Rise In Demand Will Keep It Balanced
Mar 04With EPS Growth And More, ChampionX (NASDAQ:CHX) Makes An Interesting Case
Feb 28ChampionX's (NASDAQ:CHX) Upcoming Dividend Will Be Larger Than Last Year's
Feb 13ChampionX Corporation's (NASDAQ:CHX) Subdued P/E Might Signal An Opportunity
Jan 23The Trend Of High Returns At ChampionX (NASDAQ:CHX) Has Us Very Interested
Jan 08Are Investors Undervaluing ChampionX Corporation (NASDAQ:CHX) By 31%?
Dec 22Is Now The Time To Put ChampionX (NASDAQ:CHX) On Your Watchlist?
Oct 24Calculating The Fair Value Of ChampionX Corporation (NASDAQ:CHX)
Sep 21ChampionX's (NASDAQ:CHX) Returns On Capital Are Heading Higher
Sep 03Do ChampionX's (NASDAQ:CHX) Earnings Warrant Your Attention?
Jun 27Calculating The Intrinsic Value Of ChampionX Corporation (NASDAQ:CHX)
Jun 12ChampionX (NASDAQ:CHX) Shareholders Will Want The ROCE Trajectory To Continue
May 28A Look At The Fair Value Of ChampionX Corporation (NASDAQ:CHX)
Mar 08ChampionX (NASDAQ:CHX) Is Increasing Its Dividend To $0.085
Feb 21Here's Why We Think ChampionX (NASDAQ:CHX) Is Well Worth Watching
Feb 19Calculating The Intrinsic Value Of ChampionX Corporation (NASDAQ:CHX)
Nov 19ChampionX Corporation's (NASDAQ:CHX) P/E Is Still On The Mark Following 47% Share Price Bounce
Nov 01ChampionX Corporation: Shareholder Return Is The Strategic Focus
Sep 07ChampionX Non-GAAP EPS of $0.28 beats by $0.02, revenue of $932.57M beats by $38.47M
Jul 26ChampionX Corporation (NASDAQ:CHX) Shares Could Be 47% Below Their Intrinsic Value Estimate
Jul 24CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$315m |
| Jun 30 2024 | n/a | n/a | US$320m |
| Mar 31 2024 | n/a | n/a | US$364m |
| Dec 31 2023 | US$8m | US$913k | US$314m |
| Sep 30 2023 | n/a | n/a | US$305m |
| Jun 30 2023 | n/a | n/a | US$250m |
| Mar 31 2023 | n/a | n/a | US$182m |
| Dec 31 2022 | US$7m | US$874k | US$155m |
| Sep 30 2022 | n/a | n/a | US$131m |
| Jun 30 2022 | n/a | n/a | US$164m |
| Mar 31 2022 | n/a | n/a | US$144m |
| Dec 31 2021 | US$6m | US$841k | US$113m |
| Sep 30 2021 | n/a | n/a | US$77m |
| Jun 30 2021 | n/a | n/a | US$12m |
| Mar 31 2021 | n/a | n/a | -US$104m |
| Dec 31 2020 | US$3m | US$620k | -US$744m |
| Sep 30 2020 | n/a | n/a | -US$753m |
| Jun 30 2020 | n/a | n/a | -US$734m |
| Mar 31 2020 | n/a | n/a | -US$601m |
| Dec 31 2019 | US$5m | US$737k | US$52m |
| Sep 30 2019 | n/a | n/a | US$75m |
| Jun 30 2019 | n/a | n/a | US$89m |
| Mar 31 2019 | n/a | n/a | US$88m |
| Dec 31 2018 | US$9m | US$644k | US$93m |
| Sep 30 2018 | n/a | n/a | US$133m |
| Jun 30 2018 | n/a | n/a | US$126m |
| Mar 31 2018 | n/a | n/a | US$123m |
| Dec 31 2017 | US$2m | US$535k | US$110m |
Compensation vs Market: Soma's total compensation ($USD7.62M) is about average for companies of similar size in the US market ($USD8.06M).
Compensation vs Earnings: Soma's compensation has been consistent with company performance over the past year.
CEO
Soma Somasundaram (58 yo)
6.5yrs
Tenure
US$7,622,277
Compensation
Mr. Sivasankaran Somasundaram, also known as Soma, is Director of Lennox International Inc. from March 15, 2024. He was Independent Director of Magellan GP, LLC at Magellan Midstream Partners, L. P. since...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.5yrs | US$7.62m | 0.27% $ 14.3m | |
| Executive VP & CFO | 3.8yrs | US$3.31m | 0.048% $ 2.5m | |
| COO & President of Chemical Technologies | 4.4yrs | US$2.74m | 0.14% $ 7.5m | |
| Senior VP | 6.5yrs | US$1.84m | 0.040% $ 2.1m | |
| President of Production & Automation Technologies | 6.5yrs | US$1.88m | 0.065% $ 3.5m | |
| VP, Corporate Controller & Chief Accounting Officer | 4.4yrs | no data | 0.029% $ 1.5m | |
| Senior VP of Marketing & Technology | 4.8yrs | no data | no data | |
| Senior VP & Chief Information Officer | 4.8yrs | no data | no data | |
| Vice President of ESG & Investor Relations | 4.3yrs | no data | no data | |
| Senior VP & Chief Human Resources Officer | 4.8yrs | no data | 0.039% $ 2.1m | |
| President of Drilling Technologies | 6.5yrs | US$1.43m | 0.037% $ 2.0m | |
| Senior VP & Chief Digital Officer | 6.5yrs | US$678.68k | 0.038% $ 2.0m |
4.8yrs
Average Tenure
57yo
Average Age
Experienced Management: CHX's management team is considered experienced (4.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.6yrs | US$7.62m | 0.27% $ 14.3m | |
| Independent Chairman | 6.5yrs | US$360.25k | 0.0024% $ 126.7k | |
| Independent Director | 1.8yrs | US$218.12k | 0.0016% $ 83.6k | |
| Independent Director | 6.5yrs | US$248.79k | 0.0011% $ 56.4k | |
| Independent Director | 4.4yrs | US$242.32k | 0.0031% $ 162.4k | |
| Independent Director | 6.5yrs | US$247.50k | 0.0011% $ 56.4k | |
| Independent Director | 4.4yrs | US$238.79k | 0.0036% $ 190.1k | |
| Independent Director | 1.8yrs | US$218.12k | 0% $ 0 |
5.5yrs
Average Tenure
61yo
Average Age
Experienced Board: CHX's board of directors are considered experienced (5.5 years average tenure).