Calumet Management
Management criteria checks 4/4
Calumet's CEO is Louis Borgmann, appointed in May 2022, has a tenure of 2.58 years. total yearly compensation is $2.50M, comprised of 29.4% salary and 70.6% bonuses, including company stock and options. directly owns 0.2% of the company’s shares, worth $3.63M. The average tenure of the management team and the board of directors is 3.2 years and 5.1 years respectively.
Key information
Louis Borgmann
Chief executive officer
US$2.5m
Total compensation
| CEO salary percentage | 29.4% |
| CEO tenure | 2.6yrs |
| CEO ownership | 0.2% |
| Management average tenure | 3.2yrs |
| Board average tenure | 5.1yrs |
Recent management updates
Recent updates
Long-Term Investing In Calumet Specialty Products
Nov 17Is There An Opportunity With Calumet, Inc.'s (NASDAQ:CLMT) 26% Undervaluation?
Nov 11
There's No Escaping Calumet, Inc.'s (NASDAQ:CLMT) Muted Revenues Despite A 28% Share Price Rise
Oct 16Calumet: A Compelling Energy Transition Turnaround
Oct 16Calumet (NASDAQ:CLMT) Could Become A Multi-Bagger
Oct 04Calumet: Near Term Catalysts For A Pop
Sep 23Calumet, Inc. (NASDAQ:CLMT) Soars 43% But It's A Story Of Risk Vs Reward
Aug 30Calumet Converted To A C-Corp, So What's Next
Jul 25Little Excitement Around Calumet, Inc.'s (NASDAQ:CLMT) Revenues
Jul 16CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$230m |
| Jun 30 2024 | n/a | n/a | -US$30m |
| Mar 31 2024 | n/a | n/a | -US$12m |
| Dec 31 2023 | US$3m | US$735k | US$47m |
| Sep 30 2023 | n/a | n/a | US$20m |
| Jun 30 2023 | n/a | n/a | -US$65m |
| Mar 31 2023 | n/a | n/a | -US$58m |
| Dec 31 2022 | US$4m | US$569k | -US$170m |
| Sep 30 2022 | n/a | n/a | -US$179m |
| Jun 30 2022 | n/a | n/a | -US$143m |
| Mar 31 2022 | n/a | n/a | -US$205m |
| Dec 31 2021 | US$1m | US$334k | -US$255m |
Compensation vs Market: Louis's total compensation ($USD2.50M) is below average for companies of similar size in the US market ($USD5.50M).
Compensation vs Earnings: Louis's compensation has been consistent with company performance over the past year.
CEO
Louis Borgmann (41 yo)
2.6yrs
Tenure
US$2,502,040
Compensation
Mr. Louis Todd Borgmann is Director of Calumet GP, LLC at Calumet, Inc. since July 2024 and serves as its Chief Executive Officer since May 01, 2022 and serves as its President. Mr. Borgmann has been Chief...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.6yrs | US$2.50m | 0.20% $ 3.6m | |
| Chief Accounting Officer & Principal Accounting Officer | less than a year | US$434.40k | 0% $ 0 | |
| Senior VP | 12.7yrs | US$864.50k | 0% $ 0 | |
| Executive Vice President of Montana Renewables & Corporate Development of Calumet GP | 3.8yrs | US$2.23m | 0% $ 0 | |
| Executive Vice President of Specialties of Calumet GP | 4.9yrs | US$765.61k | 0.22% $ 4.1m | |
| Executive VP & CFO of Calumet GP | less than a year | no data | no data | |
| Director of Investor Relations | no data | no data | no data | |
| Alpha IR | no data | no data | no data |
3.2yrs
Average Tenure
53yo
Average Age
Experienced Management: CLMT's management team is considered experienced (3.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | less than a year | US$2.50m | 0.20% $ 3.6m | |
| Independent Director of Calumet GP | 2.3yrs | US$201.00k | no data | |
| Independent Director of Calumet GP | 2.3yrs | US$226.11k | 0% $ 0 | |
| Director of Calumet GP | 4.1yrs | US$220.00k | 0.018% $ 336.3k | |
| Chairman of the Board of Calumet GP | 8.8yrs | US$1.30m | 0% $ 0 | |
| Director of Calumet GP | 18.9yrs | US$235.33k | 0.38% $ 6.9m | |
| Independent Director of Calumet GP | 3.8yrs | US$185.00k | 1.38% $ 25.1m | |
| Independent Director of Calumet GP | 6.2yrs | US$238.00k | 0.078% $ 1.4m | |
| Independent Director of Calumet GP | 10.3yrs | US$212.00k | 0.22% $ 3.9m | |
| Independent Director of Calumet GP | 10.3yrs | US$188.75k | 0.19% $ 3.4m |
5.1yrs
Average Tenure
63yo
Average Age
Experienced Board: CLMT's board of directors are considered experienced (5.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 23:52 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Calumet, Inc. is covered by 18 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Richard Gross | Barclays |
| Jason Smith | BofA Global Research |
| Manav Gupta | Credit Suisse |