Martin Midstream Partners Management
Management criteria checks 3/4
Martin Midstream Partners' CEO is Bob Bondurant, appointed in Jan 2021, has a tenure of 3.33 years. total yearly compensation is $1.64M, comprised of 36.4% salary and 63.6% bonuses, including company stock and options. directly owns 0.38% of the company’s shares, worth $398.31K. The average tenure of the management team and the board of directors is 4.3 years and 11.8 years respectively.
Key information
Bob Bondurant
Chief executive officer
US$1.6m
Total compensation
| CEO salary percentage | 36.4% |
| CEO tenure | 3.3yrs |
| CEO ownership | 0.4% |
| Management average tenure | 4.3yrs |
| Board average tenure | 11.8yrs |
Recent management updates
Recent updates
Martin Midstream Partners: 2024 Is Expected To Be An Investment Year
Apr 04Martin Midstream Partners declares $0.005 dividend
Oct 19Martin Midstream Partners sells Stockton Sulfur Terminal
Oct 10Martin Midstream Partners: Significant Upside With A Successful Debt Refinancing
Sep 16Martin Midstream Partners reports Q2 results, raises 2022 adj. EBITDA guidance
Jul 20Martin Midstream Partners: Buy Before Their Distributions Surge Higher
Jul 13Martin Midstream Partners: A Potential Double Over The Next 3 Years
Jun 29Martin Midstream Partners: Improving Finances But Debt Still A Concern
Apr 21Martin Midstream Partners: Don't Follow The Leader
Mar 07Martin Midstream Partners: Continuing To Chip Away At Its Debt
Feb 17Martin Midstream Partners: Solid Recent Performance, But Distribution Increase Remains Unlikely Until 2024
Nov 27Martin Midstream Partners: Green Shoots Emerging, Recovery Starting
Sep 23Martin Midstream Partners: Solid Improvements, Now A Waiting Game For Multibagger Returns
Jun 29Martin Midstream Partners: Strong Start To 2021 Should Help It Maintain Compliance With Covenants
Apr 26Martin Midstream Partners sells Mega Lubricants unit in $22M deal
Dec 22Martin Midstream Partners (MMLP) Presents At 2020 Wells Fargo Midstream and Utility Symposium Conference - Slideshow
Dec 15Martin Midstream Partners: Big Improvements Helping A Potential Double-Digit Yield Comeback
Dec 14Martin Midstream Partners: Avoids Bankruptcy, But Distributions Likely To Remain Minimal Indefinitely
Dec 11CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$4m |
| Dec 31 2023 | US$2m | US$598k | -US$4m |
| Sep 30 2023 | n/a | n/a | -US$5m |
| Jun 30 2023 | n/a | n/a | -US$32m |
| Mar 31 2023 | n/a | n/a | -US$26m |
| Dec 31 2022 | US$2m | US$575k | -US$10m |
| Sep 30 2022 | n/a | n/a | US$834k |
| Jun 30 2022 | n/a | n/a | US$21m |
| Mar 31 2022 | n/a | n/a | US$9m |
| Dec 31 2021 | US$1m | US$575k | -US$207k |
| Sep 30 2021 | n/a | n/a | -US$13m |
| Jun 30 2021 | n/a | n/a | -US$17m |
| Mar 31 2021 | n/a | n/a | -US$13m |
| Dec 31 2020 | US$412k | US$312k | -US$7m |
| Sep 30 2020 | n/a | n/a | US$2m |
| Jun 30 2020 | n/a | n/a | US$26m |
| Mar 31 2020 | n/a | n/a | US$21m |
| Dec 31 2019 | US$312k | US$312k | US$8m |
| Sep 30 2019 | n/a | n/a | -US$418k |
| Jun 30 2019 | n/a | n/a | -US$25m |
| Mar 31 2019 | n/a | n/a | -US$30m |
| Dec 31 2018 | US$981k | US$240k | -US$20m |
| Sep 30 2018 | n/a | n/a | -US$2m |
| Jun 30 2018 | n/a | n/a | -US$8m |
| Mar 31 2018 | n/a | n/a | US$5m |
| Dec 31 2017 | US$230k | US$230k | -US$4m |
Compensation vs Market: Bob's total compensation ($USD1.64M) is above average for companies of similar size in the US market ($USD667.63K).
Compensation vs Earnings: Bob's compensation has been consistent with company performance over the past year.
CEO
Bob Bondurant (64 yo)
3.3yrs
Tenure
US$1,640,925
Compensation
Mr. Robert D. Bondurant, also known as Bob, serves as Deputy Chairman at American Steamship Owners Mutual Protection and Indemnity Association, Inc. since June 2018. He serves as the Chief Financial Office...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.3yrs | US$1.64m | 0.38% $ 398.3k | |
| Executive VP & CFO of Martin Midstream GP LLC | 3.3yrs | US$423.28k | 0.063% $ 65.9k | |
| Executive VP & COO of Martin Midstream GP LLC | 13yrs | US$583.90k | 0.30% $ 317.8k | |
| Chief Legal Officer | 18.3yrs | US$460.03k | 0.12% $ 129.7k | |
| Senior Vice President of Operations - Martin Midstream GP LLC | no data | US$394.15k | 0.071% $ 74.9k | |
| Vice President of Human Resources - Martin Midstream GP LLC | no data | no data | no data | |
| Senior Vice President of Land Transportation for Martin Midstream GP LLC | 4.3yrs | no data | no data |
4.3yrs
Average Tenure
57yo
Average Age
Experienced Management: MMLP's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 9.6yrs | US$1.64m | 0.38% $ 398.3k | |
| Independent Director of Martin Midstream GP LLC | 11.8yrs | US$160.00k | 0.34% $ 360.6k | |
| Independent Director of Martin Midstream GP LLC | 9.6yrs | US$160.00k | 0.34% $ 355.7k | |
| Chairman of the Board of Directors of Martin Midstream GP LLC | 21.9yrs | no data | 9.96% $ 10.5m | |
| Independent Director of Martin Midstream GP LLC | 21.9yrs | US$160.00k | 0.41% $ 430.3k |
11.8yrs
Average Tenure
70yo
Average Age
Experienced Board: MMLP's board of directors are seasoned and experienced ( 11.8 years average tenure).