Hammerhead Energy Management
Management criteria checks 2/4
Hammerhead Energy's CEO is Scott Sobie, appointed in Feb 2023, has a tenure of less than a year. total yearly compensation is CA$3.33M, comprised of 15.9% salary and 84.1% bonuses, including company stock and options. directly owns 0.33% of the company’s shares, worth $4.83M. The average tenure of the management team and the board of directors is 0.8 years and 0.8 years respectively.
Key information
Scott Sobie
Chief executive officer
CA$3.3m
Total compensation
| CEO salary percentage | 15.9% |
| CEO tenure | less than a year |
| CEO ownership | 0.3% |
| Management average tenure | less than a year |
| Board average tenure | less than a year |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | -CA$53m |
| Jun 30 2023 | n/a | n/a | CA$4m |
| Mar 31 2023 | n/a | n/a | CA$74m |
| Dec 31 2022 | CA$3m | CA$530k | CA$200m |
| Sep 30 2022 | n/a | n/a | CA$171m |
| Jun 30 2022 | n/a | n/a | CA$79m |
| Mar 31 2022 | n/a | n/a | -CA$59m |
| Dec 31 2021 | CA$5m | CA$515k | -CA$94m |
Compensation vs Market: Scott's total compensation ($USD2.51M) is below average for companies of similar size in the US market ($USD5.08M).
Compensation vs Earnings: Scott's compensation has been consistent with company performance over the past year.
CEO
Scott Sobie (58 yo)
less than a year
Tenure
CA$3,327,173
Compensation
Mr. Scott W. Sobie, C.E.T., is Chief Executive Officer, President and Director at Hammerhead Energy Inc. since February 23, 2023. He served as the Chief Executive Officer and President at Decarbonization P...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | less than a year | CA$3.33m | 0.33% CA$ 4.8m | |
| Senior VP | less than a year | CA$1.82m | 0.098% CA$ 1.4m | |
| Senior Vice President of Operations & Alternative Energy | less than a year | CA$1.58m | 0.023% CA$ 342.6k | |
| Senior Vice President of Production | less than a year | CA$1.42m | 0.038% CA$ 562.9k | |
| Senior Vice President of Development and A&D | less than a year | CA$1.58m | 0.078% CA$ 1.1m | |
| Senior Vice President of Business & Organizational Effectiveness | less than a year | no data | 0.022% CA$ 323.6k | |
| Vice President of Capital Markets & Corporate Planning | no data | no data | 0.12% CA$ 1.8m |
0.8yrs
Average Tenure
54yo
Average Age
Experienced Management: HHRS's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | less than a year | CA$3.33m | 0.33% CA$ 4.8m | |
| Senior VP | less than a year | CA$1.82m | 0.098% CA$ 1.4m | |
| Chair of The Board | less than a year | no data | no data | |
| Independent Director | less than a year | no data | 0.087% CA$ 1.3m | |
| Director | less than a year | no data | no data | |
| Independent Director | less than a year | CA$180.00k | 0.027% CA$ 400.8k | |
| Independent Director | less than a year | CA$180.00k | 0.0077% CA$ 112.6k | |
| Independent Director | less than a year | CA$180.00k | 0.0077% CA$ 112.6k |
0.8yrs
Average Tenure
54.5yo
Average Age
Experienced Board: HHRS's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.